Compliance Officer at Zedcrest Capital Limited

JOB SUMMARY

As the Compliance Officer, you will be responsible for ensuring that our operations and business practices comply with relevant laws, regulations, and internal policies. You will play a critical role in safeguarding the integrity of our organization and maintaining trust with our customers, regulators, and stakeholders.

RESPONSIBILITIES

• Stay updated on relevant laws, regulations, and guidelines issued by regulatory authorities such as the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), Nigeria Financial Intelligence Unit (NFIU), and other relevant bodies.
• Interpret regulatory requirements and assess their impact on the company’s operations.
• Develop and implement compliance policies, procedures, and controls to ensure adherence to regulatory requirements.
• Conduct risk assessments to identify potential compliance risks and vulnerabilities within the organization.
• Develop risk mitigation strategies and controls to minimize compliance risks.
• Monitor and evaluate the effectiveness of risk management processes and controls.
• Provide compliance training and guidance to employees to promote awareness of compliance requirements and best practices.
• Establish monitoring mechanisms to track compliance with regulatory requirements and internal policies.
• Conduct customer due diligence of all categories of clients in line with relevant rules and regulations.
• Conduct regular compliance reviews and audits to assess the effectiveness of compliance controls.
• Prepare and submit regulatory reports and disclosures as required by applicable laws and regulations.
• Investigate compliance breaches, allegations of misconduct, or violations of policies and regulations.
• Implement corrective actions and remediation measures to address compliance deficiencies.
• Collaborate with relevant stakeholders to resolve compliance issues in a timely and effective manner.

REQUIREMENTS

• Bachelor's degree in Law, Finance, Business Administration, or a related field. Advanced degrees or professional certifications in compliance, such as Certified Compliance Professional (CCP), are desirable.
• Minimum of 3-5 years of experience in compliance, risk management, or regulatory affairs within the financial services industry, preferably in consumer lending or microfinance.
• Strong knowledge of the Nigeria Capital Market rules and regulations.
• Knowledge of Nigerian financial regulations, including but not limited to CBN regulations, Anti-Money Laundering (AML) laws, Know Your Customer (KYC) requirements, and data protection regulations.
• Excellent analytical skills with the ability to interpret complex regulatory requirements and assess their impact on business operations.
• Effective communication and interpersonal skills, with the ability to interact confidently with internal and external stakeholders.
• Proven track record of implementing compliance programs, conducting compliance reviews, and managing regulatory relationships.
• Sound judgment and integrity, with a commitment to upholding ethical standards and promoting a culture of compliance within the organization.
• Proactiveness; going beyond the obvious, gathering complex data to get to the heart of issues.
• Time management - Ability to prioritize tasks, multi-task, manage deadlines and work efficiently.
• Ability to thrive in a fast-paced, dynamic environment.