Compliance Manager at Terawork

Job Summary

• The ideal professional guarantees that our business processes and transactions follow all relevant legal and internal guidelines.
• He will also be responsible for managing compliance risk, developing company policies for compliance, working with internal teams to ensure continuous achievement of the various ISO/IT Standards and monitoring compliance issues.

Job Description

• Manage and execute policies and procedures which govern the organization compliance program.
• Monitor and test policies and procedures to ensure they can result in compliance.
• Develop the annual compliance work plan that reflects the organization’s unique characteristics.
• Keep an eye on the performance of the compliance program, carry out risk assessments and compliance reviews to ensure policies and procedures are being followed.
• Liaise with legal and regulatory bodies on compliance-related issues.
• Create and manage effective action plans in response to audit discoveries and compliance violations.
• Ensure that the organization complies with existing and developing CBN, federal and state laws and regulations
• Preparing and presenting clear and concise compliance reports to the board.
• Responsible for the creation and update of the Compliance and Ethics Program Plan and ensure its execution
• Responsible for establishing and setting the tone of compliance throughout the organization.
• Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Conduct.
• Carry out periodic evaluation of the compliance Programs and make appropriate changes and improvements.
• Preside over and direct the work of the Compliance Committee.
• Govern the responsibility to report misconduct and noncompliance, the path for reporting, and protection from retaliation
• Provide guidance on the effective response to detected problems and proffer recommendations for corrective action as appropriate.
• Responsible for ensuring the compliance of all specified IT standards.

Requirements

• B.Sc / BA in Law, Finance, Business Administration or a related field with a minimum of 5 years experience.
• Proven experience as a Senior Compliance Officer or Compliance Manager
• Experience in risk management.
• Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)
• Familiarity with industry practices and professional standards.
• Excellent communication skills.
• Integrity and professional ethics.
• Business acumen.
• Teamwork skills.
• Attention to detail.
• Professional certification is a plus.