Latest Vacancies at AXA Mansard Pensions

Job Objectives:

• To ensure compliance with the provisions for the Pension Reform Act, 2014
• To ensure compliance with all rules, guidelines, circulars and codes issued by the National Pension Commission (PenCom or the Commission)
• To ensure compliance with all the firm’s internal rules and policies

Key Responsibilities and Accountabilities

• Maintaining electronic or physical custody of all applicable legislation, rules, regulations, codes, guidelines and circulars, as may be issued by the government or Commission from time to time.
• Review and monitoring compliance to regulations.
• Conducting compliance audits covering all operational areas.
• Ensure returns are rendered periodically, as required by regulation.
• Identify potentials problem areas and recommend appropriate solutions.
• Continuously monitor and ensure implementation of regulation, codes, rules and guidelines, as may be issued from time to time by the Commission.
• Preparation of compliance reports on monthly and quarterly basis to the Board and the Commission. 
• Identify and monitor corporate / investment activities and policy indicatives as the case may be, with a view of identifying issues and ensuring compliance in accordance with the provisions of the PRA 2014.
• To ensure appropriate levels of confidentiality and discretion are maintained throughout the compliance monitoring processes.
• Reporting of violations to appropriate authorities, including commission.
• Informing the company about the standards for conduct and ethical obligations required of the company.
• Create and promote a positive compliance attitude and culture within the company.
• Ensure all investment and other operational transactions comply with all relevant legislations, regulations and policies through appropriate control systems in order to minimize and mitigate risks.
• Ensure that a suitable code of conduct exist in the organization.
• Ensure that information given to customers is clear, straight forward and not misleading.
• Ensure that appropriate remedial or disciplinary action is taken, if breaches are identified.
• Monitoring and testing new compliance technologies and procedures such as intelligent transaction monitoring systems etc.
• Advise management on compliance issues and inform management on developments in this area.
• Monitor regulatory changes and ensure the dissemination of regulatory updates of regulations, rules or guidelines and periodic compliance changes to concerned offices / officers.
• Measurement of compliance risk (using performance indicators) and the use of such measurements to enhance compliance risk assessment.
• Conducting quarterly compliance surveys.
• Monitoring the whistle-blowing process.
• Managing the Internal Communication platform.
• Liaising with regulators
• Prevention of money laundering & Terrorism Financing in the system
• Advise/educate on AML/CFT awareness, detection methods and reporting requirements.
• Ensure prompt and accurate rendition of relevant returns in line with regulatory requirements and international best practices.
• Liaison with the various relevant regulatory bodies on money laundering matters.
• Engendering the maintenance of adequate and complete documentation in line with know your customer / client familiarity index
• Creation and maintenance of awareness on money laundering matters in the Company.
• Review of audit report
• Review of International Blacklists
• Ensure Maintenance of proper record keeping within the organisation
• Creation and maintenance of awareness on Money Laundering / Terrorism Financing matters in the Company
• Monitoring of transactions to ensure detection of unusual transactions
• Preliminary investigation of unusual transactions
• Prevent, detect and report on money laundering and terrorist financing incidents
• Ensuring an effective AML Compliance Program is in place
• Responsible for Liaising with relevant national AML authorities
• Immediate reporting (within 24 hours) of AML/CFT issues that will have a material impact to the Group Anti-Money Laundering Officer (GAMLO)
• The AMLO is required to make an annual report on AML/CTF activity to the CEO, audit committee members and the Group Anti-Money Laundering Officer (GAMLO).
• Reporting on sanctioned countries and Individuals

Required Skills and Competencies

• Relevant first degree or its equivalent or professional qualification in Accounting, Actuarial Science, Auditing, Finance, Economics, Commerce, Law, or in any other numerate or semi-numerate field.
• A minimum of 10 years post-call experience, of which at least 4 must have been in management capacity.
• Good understanding of financial records and relevant regulatory requirements.
• Computer Literate.
• High level of Integrity.
• Strong oral and written communication ability.
• Good interpersonal skills and team player.
• Committed to self-development.
• Ability to interpret and apply legislation, regulations, guidelines and other regulatory requirements.
• In-depth knowledge of PRA 2014 and operations.
• Sound business judgement and ability to proactively look at markets and regulatory trends.

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Job Objectives:

• Establishment of internal audit systems and controls
• To provide independent and objective assurance to management and the board with the aim of adding value and improving the organization's operations by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

Key Responsibilities and Accountabilities

• Coordinate activities of Internal Audit & Control Department.
• Development and management of the internal audit function – from planning to audit reporting.
• Organize periodic Board Audit Committee meetings and ensure that the Audit Committee is fully informed on a timely basis of the activities of the Internal Audit department.
• Prepare Board Audit Committee Papers.
• Development of an annual Risk-Based Audit Plan for presentation to the Board Audit Committee for approval.
• Coordination and execution of the approved audit plan.
• Coordination and execution of quarterly internal audit exercises.
• Determine the level of compliance with established laws, rules, policies and procedures and report to management.
• Follow up on all audit exceptions raised in the internal audit report to ensure proper resolution.
• Development and implementation of standard audit programs for each process within the Company.
• Development of standard work papers for all auditable processes / departments and ensure periodic review of the work papers per each audit.
• Plan and execute periodic asset verification exercises.
• Carry out a review of monthly/quarterly audit reports.
• Conduct special review/projects at the request of the Board/Management.
• Establish and maintain professional rapport with external auditors and management.
• Evaluate existing processes and controls for weaknesses, and make recommendations where necessary.
• Coordinate and investigate cases of misappropriation, misconduct, fraud, etc.
• Attend court sittings involving investigations handled by Internal Audit & Control Department.
• Coach, manage and appraise team members periodically and report the outcome of the appraisal using the Company’s established procedure
• Coordinate the Validation of BSCs for staff.
• Review and validate Opex / Capex / Cash Advances / Cash Advance retirements / Petty Cash requisitions.
• Review and verify retirement payment schedules.
• Ongoing process review and validation as part of the control function.
• Review monthly reconciliation of CSCS statements and internal records.
• Verify mandates to indicate that they are signed off and correct.
• Drive the process for the development of Standard Operating Procedure Manuals by departmental heads.
• Review and Approve the AML/CFT Audit Plan & Programme
• Audit of the AML/CFT process
• Review & Supervise the Audit report
• Report on the AML/CFT Audit
• Independent confirmation of the working and implementation of AML/CFT framework

SKILLS AND COMPETENCIES

• Minimum of first degree or equivalent in numerate or semi-numerate discipline and / or a relevant professional qualification
• The individual should have up to 10 years’ work experience with at least 8 in financial services and 5 years in Internal Audit practice, 4 of which must have been in a managerial capacity
• Professional ethics: Promotes and applies professional ethics - Applies ethical principles and values to the activities being audited, adheres to the organization’s key policies, practices and procedures, assesses and fosters the ethical climate of the board and management, etc.
• IPPF: Should be able to show proper understanding of the IPPF and how to apply the International Professional Practices Framework (IPPF)
• Governance, risk and control: Applies a thorough understanding of governance, risk and control appropriate to the organization
• Business acumen: Maintains expertise of the business environment, industry practices and specific organizational factors
• Persuasion and collaboration: Persuades and motivates others through collaboration and cooperation
• Critical thinking: Applies process analysis, business intelligence and problem solving techniques
• Internal audit delivery: Delivers internal audit engagements