Risk & Compliance Officer at Innovectives Limited

Job Description

• Assist in the formulation and documentation of Innovectives risk & compliance plan
• Ensure implementation of and adherence to risk & compliance policies and procedures.
• Create awareness and improve homogenous compliance culture.
• Conduct internal training / refresher training for staff on KYC/AML/CFT compliance, identification of suspicious transactions and reporting requirements
• Perform risk assessments to understand the level, significance and scope of risk.
• Assist in ensuring Innovectives does not suffer any loss as a result of regulatory non-compliance
• Monitor overall compliance with laws, regulations and internal policies
• Investigate irregularities and non-compliance issues
• Ensure incidents are analysed to identify control weaknesses, areas of improvement and communicated to appropriate departments
• Follow-up on recoveries, disciplinary hearings, dismissals, insurance claims reported
• Ensure risk is comprehensively reported in a timely manner
• Ensure the implementation of Risk policies and procedures
• Ensure adequate controls are in place to prevent Regulatory breaches

Key Requirements

• Bachelor's degree in Economics, Accounting, Engineering, Finance or any numerate discipline
• Good knowledge on IT security
• Ability to observe and analyse business processes
• Good knowledge of Risk Management and Compliance for Banks
• Excellent presentation and communication skills (both oral and written)
• Planning, organisation and coordination skills
• High attention to detail.