Head Risk & Compliance Officer at IT Horizons Limited

Job Brief / Summary

• As Head Risk & Compliance Officer will be responsible for providing an objective and quality view on the activities of IT Horizons & Zojatech, evaluating and improving the effectiveness of control, safety and governance processes.
• To minimize exposure to potential risk and mitigate impact on business performance by establishing and implementing a robust enterprise risk and safety management framework to help the business achieve its strategic objectives.
• We are looking to fill the role of a Head Risk & Compliance Officer (HRCO) to ensure our business processes and procedures conform to regulatory expectations. The HRCO will manage our Internal Audit & Risk compliance team by planning, overseeing, and organizing all operational activities.
• The role requires an experienced person to develop and introduce effective controls for tracking and documenting regulatory risks.
• The successful candidate will build and keep a strong framework to guarantee that the company is compliant on all regulatory matters.
• In addition, he or she will ensure that breaches and incidents are properly monitored, managed, and documented.
• The Head Risks and Compliance Officer will be responsible for ensuring an effective internal compliance framework is in place and ensure that the company chosen risk management model is being fully implemented in all areas.

Responsibilities

• Oversee compliance within the company to ensure our operational and financial systems and processes are in accordance with relevant legislation.
• Establish standards and implement procedures to ensure that our compliance programs are effective in identifying, preventing, and addressing non-compliance with applicable legal and regulatory requirements.
• Monitoring market conditions and making recommendations for strategic changes in business operations based on emerging risks.
• Implementing internal controls such as policies, procedures, and training to ensure compliance with laws and regulations.
• Regularly auditing company procedures, practices, and documents to identify possible weaknesses or risks.
• Assessing company operations to determine compliance risk.
• Ensuring all employees are educated on the latest regulations and processes.
• Plan and coordinate regulatory risk assessments to recommend business operation improvements to the top management.
• Monitor and analyse deficiencies and irregularities to provide effective solutions.
• Communicate with regulatory agencies to ensure the company complies with applicable federal, state, and local laws and regulations.
• Organize and supervise activities of our compliance department.
• Develop and oversee compliance training for the management and employees.
• Report key concerns and violations to the stakeholders.
• Any other duties as assigned by the Managing Director

Professional Qualifications

• Minimum of Bachelor’s Degree in Accounting or Finance related discipline.
• MBA or related master’s degree is an advantage.
• Relevant professional certifications e.g. Institute of Chartered Accountants of Nigeria (ICAN)
• Certified Internal Auditor (CIA), Association of Certified & Chartered Accountants(ACCA) and/or Certified InformationSystems Auditor (CISA) Knowledge of policies and process of ISO 27001 & 9001, Person that has implemented, maintained, and supported an ISO 27001 program.

Requirements and Skills

• Minimum of 10 to 12 years hands-oncore experience.
• 8+ years of experience within Internal Auditing & Risk Compliance at Managerial level and 3 years at Management/ Senior Officer level.
• Bachelor’s degree in law, Business Administration, Finance, or a related field (Master’s degree is preferred)
• Experience interacting with regulatory authorities.
• Detailed knowledge of the industry and applicable laws
• Remarkable organizational, leadership, and problem-solving skills
• Ability to form, mentor, and manage efficient teams.
• Member of any relevant Professional body will be an advantage.

To perform the role successfully, the candidate should have the following competencies:

• Core Technical –Utilizing business knowledge, understanding and using technology, complying with and applying appropriate Risk Management methodologies, Applying high professional standards.
• Service Excellence–Serving the Bank and retaining the respect of other departments.
• Management Effectiveness –Making decisions, implementing, following through and managing the risk department.
• Leadership Effectiveness–Creating a vision, developing commitment, achieving results and team playing.

Application Closing Date

• 30th December, 2023.