Compliance Officer at New Dawn Microfinance Bank Ltd

Job Responsibilities

• Monitor regulations and regulatory change as well as industry best practice and update the Bank
• Communicate actions to relevant stakeholders from the analysis of regulations and track until completion. Share updates on activities with the Bank's Management
• Ascertain regulatory consultations and other relevant publications to present at the bank’s Management Committee Meetings.
• Update and maintain the communication updates tracker to keep track of communications made to the Bank
• Undertake traceability reviews on new regulations affecting the Bank.
• Obtain necessary information from Stakeholders to the Bank's Management. 
• Maintain the Compliance Policy register and update it where required.
• Support the 1 st Line of Defence in embedding best practice in relation to compliance matters and also  providing insightful recommendations.
• Maintain the Audit Tracker for any actions that the Compliance Department are required to complete, and track the actions until completion. Also assist in the closure of audit issues.
• Support in the monitoring and testing of deliverables.
• Perform ad-hoc projects or tasks when requested.
• Support the Compliance Team, with the delivery of the Bank’s vision for Compliance and complement the actions of the other team members towards de-risking the Bank.
• To periodically support the Compliance Team in managing Financial Crime Risk, by providing 2nd line advisory support.

Requirements:

• Education level : HND / B.A. / B.Sc in any related discipline, and must have completed NYSC or possess an exclusion certificate.
• Minimum of one (1) year experience as a Compliance Officer preferably in a financial institution
• Candidate must be based in Uyo, Akwa Ibom State
• Proven compliance experience in Compliance and Risk roles as well as in the business supporting risk decision- making and undertaking Compliance within a financial services entity.
• Professional qualification in Compliance and/or a legal or audit background or experience working as a regulator will b an added advantage
• Experience writing or updating Compliance Policies
• Horizon scanning or experience analysing or summarising regulatory publications

Technical Skills:

A comprehensive understanding of the:

• regulatory framework and compliance requirements associated with financial services 
• core banking systems
• industry best practice
• Working knowledge of MS Office and databases

Interpersonal Skills:

• Exceptional communicator, results orientated, able to meet demanding deadlines and a good team player
• Excellent oral and written presentation skill with experience at reporting at senior level and forging strong relationship with the business