Senior Associate, Compliance at Sabi

Job Responsibilities

Regulatory and Compliance Management:

• Ensuring compliance with regulatory requirements by liaising with all internal risk management functions whilst developing and implementing our Company's Compliance policy.
• Oversee Compliance control systems to prevent or deal with violations of Compliance guidelines and internal policies.

Operational Compliance:

• Ensure that business activities within the organization comply with relevant external regulatory and / or voluntary codes and with internal policies and procedures to minimize business risk and to protect the reputation of our Company.

Compliance Risk Management;

• Develop and / or deliver a contingency plan for significant aspects of the risk management and/or control process. Assess future business ventures to identify possible compliance risks and keep abreast of regulatory developments within or outside our Company; communicate evolving best practices in compliance control.
• Partner with relevant stakeholders across our Company to raise awareness on Compliance, and to discuss risk management concerns.

Client and Customer Management (Internal);

• Act as a business partner to key internal customers and manage relationships with them.
• Maintain relationship with relevant stakeholders, and deploy Compliance management policies and standards in projects, systems, and services, across the organization.
• Provide authoritative specialist advice to Senior Management, business unit or regional level to enable the implementation of Compliance policy, projects, and change initiatives.

Requirements

• Bachelor's degree in Accounting, Economics, Banking, or related field.
• 5-7 years relevant experience within Compliance roles ideally within reputable financial institutions, preferably Microfinance Bank.
• Relevantprofessional qualification in financial services or audit.
• Solid working knowledge of financial services regulations with a strong understanding of the local regulatory regime.
• Knowledge of Customer Risk assessment and Compliance Risk Management.
• Experience in applicable payments, card networks, agent banking, and money transmission rules and regulations.
• Experience implementing compliance process automation, and utilization of automated tools for compliance effectiveness.
• Knowledge of regulatory returns/report rendition.
• SQL, Data science knowledge is an added advantage.