Compliance Officer at CLG Securities

Job Description

• To support the company to discharge their responsibilities relating to compliance risk management process as required by relevant regulatory requirements, applicable code of conduct and minimum standards.
• Assist line management and other members of staff by providing advice to guide in discharging their responsibilities to ensure compliance with all statutory, regulatory and internal policy requirements.
• Protect the reputation of the company
• Avoid the institution of legal action against the company.
• Ensure good working relation with regulators.
• To maintain a good working relationship with the Securities and Exchange Commission(SEC)
• To guide all members of staff to act with integrity, diligence, and in an ethical manner in dealing with all clients.
• Ensure the company’s timely compliance with all regulatory requirements including but not limited to all periodic and adhoc regulatory reports and obligations
• Ensure the appropriate use of compliance risk management tools within the business.
• Analyse and identify compliance risks, processes and controls and provide advice to management, relevant committees and the employees in order to effectively manage compliance issues.
• The Compliance Officer shall be well trained in the Rules and Guidelines and shall attend regular training sessions as organized or supported by the CBN or SEC.
• Responsible for educating the other personnel of periodic updates and adjustments as may be made by SEC from time to time.
• Ensure that trainings tailored for the business unit are signed off and, if appropriate, assist in the delivery of the training and awareness.
• Customise, if necessary, Group Minimum Standards and facilitate, in consultation with Group Compliance, the process of adoption thereof by the business units.
• Request dispensation when policies and procedures deviate from that of minimum standards.
• Remain aware of regulatory & legislative developments, and practices of regulatory authorities, which are relevant to the company.
• Assist the CEO and business units in implementing existing, new and/or amended regulatory requirements.
• Responsible for the management of the company Procedures Manual and monitoring company’s adherence to all business procedures
• Ensure a coordinated / aligned strategic approach to and position of, emerging regulatory developments.
• To be actively involved in relevant industry/regulatory committees.

Requirements

• First Degree in a relevant field including Banking, Finance, Accounting, Business Management, Law, Economics or a Chartered Secretary.
• Master's Degree and/or relevant professional qualifications would be an added advantage
• Good Compliance and Risk Management Knowledge
• Excellent use of MS Word and MS Excel
• Good understanding of the Investment Banking, Stockbroking processes and SEC's regulatory framework
• Good understanding of global financial markets
• Good research skills
• Minimum of 3-5 years working experience in financial services preferably in an Investment Banking environment or stockbroking with at least 2 years of Compliance experience.