Jobs at Unified Payment Services Limited

Job Objective

• The Head of the Policy/Government Regulations Department will lead the organization’s efforts in navigating and complying with relevant government regulations and policies.
• This role involves developing, implementing, and overseeing regulatory strategies to ensure full compliance with the requirements of national and international laws and regulations as well as industry standards.
• The position will focus on maintaining up-to-date knowledge of regulatory developments, advising senior management and the Board on potential risks and opportunities, and fostering effective collaboration with government agencies and industry associations.

 Duties & Responsiblities

• Develop and execute the organization’s regulatory strategy to ensure compliance with all relevant government regulations and policies.
• Liaise and respond to enquiries and requests from regulators and law enforcement agencies.
• Ensure there is an effective system for the reporting of AML/CFT/CPF and code of conduct violations and investigation within the organization
• Ensure the organization is in compliance with applicable data privacy laws and regulations.
• Monitor regulatory changes, legislation, and industry trends to ensure the organization’s compliance with applicable laws and regulations.
• Provide timely and accurate updates to senior management and department heads regarding risks, opportunities and the impact of regulatory changes.
• Collaborate with legal and other departments to ensure the effective implementation of regulatory requirements.
• Oversee the preparation and submission of regulatory filings, reports, and communications to government agencies.
• Identify and assess risks related to regulatory compliance and develop mitigation strategies to address potential issues.
• Provide training and guidance on policy changes and regulatory requirements across the organization.
• Lead efforts to align internal processes, systems, and operations with legal and regulatory requirements.
• Support the development of internal audits, compliance and risk management frameworks to maintain compliance.

Requirements
Education:

• Bachelor’s degree in Public Policy, Law, Political Science, Business Administration, or a related field.
• A Master's degree or equivalent in a relevant field is preferred.

General Experience Technical Skills:

• Experience: Candidates should have a minimum of 10 years of experience in policy, regulatory affairs, government relations, or related fields, with at least 5 years in a leadership position.
• In-depth knowledge of relevant regulations, laws, and compliance standards in the organization’s industry.
• Strong understanding of governmental processes, public policy, and regulatory frameworks.
• Expertise in managing relationships with regulatory bodies and other stakeholders. Proficiency in risk management, compliance systems, and reporting mechanisms. Certifications: Certifications in regulatory compliance, policy development, or public administration (e.g., Certified Regulatory Compliance Manager (CRCM), Certified in Governance, Risk, and Compliance (GRC), or similar) are a plus.
• Experience working with government agencies, industry bodies, and regulatory authorities.

Soft Skills:

• Strong leadership and strategic thinking capabilities.
• Excellent communication skills with the ability to engage with senior executives, regulators, and external partners.
• Strong analytical skills with the ability to assess complex regulatory and policy issues.
• Exceptional negotiation, presentation, and problem-solving abilities.
• Ability to build strong relationships and collaborate across different departments and external stakeholders.

go to method of application »

Job Objective

• The Head, Ethics & Compliance, ensures that ethical conduct is entrenched in the organization’s operations, ML/TF/PF risks are effectively managed and effective data protection measures have been implemented.

Duties and Responsibilities
Regulatory and Compliance Management:

• Contribute to the design and implementation of a Compliance program and work with regulators and internal management to ensure the compliance program adheres to regulatory and compliance standards.
• Monitor compliance with the organization’s code of conduct and ensure it operates legally, ethically, and responsibly.
• Ensure there is an effective system for the reporting of AML/CFT/CPF and code of conduct violations and investigation within the organization. Ensure compliance with data privacy laws and regulations.
• Develop and facilitate compliance risk assessment training workshops for all stakeholders.
• Conduct regular ML/TF/PF risk assessments of the organization’s operations, products and services to identify and mitigate potential ML/TF/PF risks.
• Maintain an updated risk register, develop risk assessment reports for the approval of senior management and the Board.
• Develop a mechanism, monitor and analyse ML/TF/PF emerging trends and typologies, ensuring that the organisation has adequate preventive measures to protect its system from being used as a conduit for financial crimes.
• Collaborate with relevant departments to ensure that ML/TF/PF controls and mitigation measures are in place and effective.
• Engage in cross-functional responsibilities and perform other compliance functions as assigned by the Chief Compliance Officer CCO.

Requirements

• Education: University Degree in Finance, Accountancy, Banking, Law or financial management Member of any of the following professional bodies is mandatory: Association of Certified Anti-money Laundering Specialists (ACAMS) 
• International Compliance Association (ICA)
• Designate Compliance Professional (DCP)
• Certified Compliance & Ethics Professional (CCEP).
• A relevant professional certificate in risk management would be an added advantage.
• General Experience: Minimum of 10 years relevant Compliance and Audit experience, preferably in reputable financial institutions or in the payments industry. Solid working knowledge of financial services regulations with a strong understanding of the local regulatory administration.