Chief Compliance Officer
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Develop compliance controls to mitigate compliance risk exposure of organization.
Review control processes risk assessments to identify risk areas and mitigations and control design weaknesses and drive the implementation of recommendations for remediating those weaknesses.
Formulate organizations compliance programmes and compliance strategies to incorporate relevant legislative and regulatory requirements and adapt to changing regulatory environment.
Develop detailed operational plans and procedures for compliance programmes.
Guide the development of the companys controls testing approach and teaches others about this approach to build their knowledge and capability.
Partners with business stakeholders to develop and help implement solutions to complex controls issues in an efficient manner while also maintaining independence.
Advise on best practices and foresees the impact of changes in regulations policies and procedures.
Evaluate interdependencies between risks uncertainties and opportunities critical failure points and resource implications.
Establish compliance monitoring and surveillance strategies and objectives for the organization.
Evaluate root causes and potential organizational impact or risks of non-compliance and/or areas of high potential for compliance breaches.
Report recommendations for improvements based on systematic analyses of information at agreed intervals.
Develop risk assessments with application to financial and non-financial areas.
Drive the execute appropriate audit tests to detect control deficiencies of systems of infrastructure.
Promote relationships with internal and external assurance providers.
Provide advice and opinions on optimal IT controls for new applications.
Diligently monitor standard general IT controls such as proper security management segregation of duties adequate documents and records and access controls and independence checks.
Create and maintains effective relationships with a wide range of internal and external stakeholders to drive compliance.
Develop defined roles and responsibilities of company directors and various committees for compliance with corporate governance policies.
Discover and teaches others about best practices in compliance. management and stays abreast of industry regulatory and market trends.
Engage with regulators external parties board senior management and other key stakeholders to facilitate decision-making on regulatory compliance and/or legal issues.
Educational Qualification and Work Experience:
Bachelors Degree in Business Law or related field.
Must possess a professional accounting qualification (e.g. ACA ACCA etc.) and any other qualification from a recognized professional body (e.g. CIA).
Minimum of 15 years post qualification experience in internal control/audit with 6 years in senior management.
Demonstrated knowledge in auditing internal controls risk management ethics and fraud awareness.
Required Experience:
Director
Key Skills
- Compliance Management
- Risk Management
- Financial Services
- PCI
- Banking
- Cost Accounting Standards
- Quality Systems
- Research Experience
- NIST Standards
- Securities Law
- SOX
- ISO 27000
About Company
Coronation is a leading financial service partner that helps build enduring legacies for sustainable wealth creation in Africa. Having established a 30-year record of achievements in banking across Africa and beyond, our founders established a Pan-African platform focused on building ... View more
