Head, Compliance GTPM at Guaranty Trust Holding Company Plc(GTCO)

Job Summary

The Head of Compliance is responsible for ensuring that the company's operations adhere to relevant regulatory requirements, internal policies, and best practices. This role involves overseeing compliance activities, monitoring business processes, liaising with regulatory bodies, and ensuring compliance with the Pension Reform Act (PRA) 2014 and other applicable laws. The Head of Compliance also plays a key role in identifying potential risks, ensuring regulatory reporting, and keeping management informed about legislative updates.

Key Responsibilities

Regulatory Compliance & Reporting

• Ensure compliance with regulations, circulars, and guidelines issued by the National Pension Commission (PenCom) and other regulatory bodies.
• Monitor the implementation of internal policies and ensure business transactions align with regulatory and company requirements.
• Implement periodic compliance monitoring and reviews to assess business operations.
• Prepare and submit regulatory reports, including daily, weekly, monthly, and quarterly returns to PenCom.
• Keep staff informed about relevant industry regulations and compliance obligations.
• Maintain effective relationships with PenCom, PenOp, and other regulatory bodies.
• Ensure confidentiality and discretion throughout the compliance monitoring process.

Risk Management & Compliance Oversight

• Develop and implement an effective compliance risk management system.
• Evaluate risk management effectiveness and recommend corrective actions where necessary.
• Identify and address potential compliance risks within the organization.
• Monitor adherence to the PRA 2014, Companies and Allied Matters Act (CAMA), Investments and Securities Act (ISA), and other relevant regulations.
• Provide guidance to business units on compliance-related matters.

Executive & Strategic Leadership

• Serve as a key member of the executive committee, ensuring compliance considerations are integrated into strategic decision-making.
• Ensure management remains informed of regulatory, legislative, and best practice changes that impact the organization.
• Facilitate the development of risk response strategies and assign ownership for risk management.

Qualifications & Experience

• Minimum of a first degree or its equivalent in disciplines such as actuarial sciences, statistics, mathematics, accounting, economics, banking, finance, insurance, law, or business studies.
• Recognized professional qualification/certifications such as ICAN, ACCA, CPA, or ANAN.
• At least 10 years of post-qualification experience, with a minimum of 8 years in the financial sector and 4 years in senior management roles.
• Experience in a Pension Fund Administrator (PFA) or Pension Fund Custodian (PFC) at a senior level is an advantage.
• Strong knowledge of regulatory requirements and industry best practices.

Skills & Expertise

• Effective communication skills (oral and written).
• Strong knowledge of compliance regulations and internal policies.
• Ability to interpret and apply legislation, regulations, and guidelines.
• Expertise in risk management, compliance monitoring, and regulatory reporting.
• Ability to develop and implement compliance strategies and frameworks.