Assistant Compliance Manager at The People Practice

Our client, a real estate and lifestyle development organization, is looking to hire an Assistant Compliance Manager will support the Head, Compliance in ensuring that the bank operates within regulatory frameworks, adheres to internal policies, and mitigates compliance risks. The role involves monitoring compliance processes, conducting audits, and implementing measures to maintain regulatory excellence, with a particular focus on leveraging technology to enhance compliance workflows.

Responsibilities

Regulatory Compliance

• Assist in developing, implementing, and monitoring the bank’s compliance programme.
• Ensure adherence to all regulatory requirements, including Central Bank of Nigeria (CBN) guidelines and anti-money laundering laws.

Policy and Procedure Management

• Review and update compliance policies and procedures to align with current regulations.
• Monitor the implementation of internal controls and recommend enhancements as necessary.

Audits and Reporting

• Conduct internal compliance audits to identify gaps and recommend corrective actions.
• Assist in preparing reports for regulatory authorities and senior management.

Risk Management

• Identify compliance risks and develop mitigation strategies in collaboration with relevant departments.
• Monitor transactions for unusual activity and investigate potential compliance violations.

Technology and Process Improvement

• Utilise compliance-related technology tools to enhance monitoring and reporting.
• Collaborate with IT and operations teams to integrate compliance technology solutions.

Training and Awareness

• Conduct regular compliance training and awareness programmes for employees.
• Act as a point of contact for employees on compliance-related inquiries.

Stakeholder Engagement

• Liaise with regulatory bodies during inspections or inquiries.
• Support the Head, Compliance in addressing issues raised by regulators.

Qualifications

• Bachelor’s degree in Law, Finance, Business Administration, or a related field. Relevant certifications (e.g., CAMS, CFE, ICAN) are an added advantage.
• 4+ years of experience in compliance, risk management, or internal audit, preferably in a financial services environment.
• Strong understanding of Nigerian financial regulations, including CBN and AML/CFT guidelines.
• Excellent knowledge of compliance frameworks and risk management principles.
• Proficiency in compliance monitoring tools and data analysis.

Must have skills

• Effective communication and interpersonal skills.
• Attention to detail with excellent organizational skills.
• Strong analytical and problem-solving skills.