Compliance Manager
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Compliance Leadership & Governance
- Support the Head of Compliance in the overall leadership coordination and continuous improvement of the Compliance function.
- Serve as a senior compliance advisor to Executive Management Board Committees and business leadership on regulatory risks compliance obligations and governance matters.
- Act as a delegate for the Head of Compliance where required including at management committee or regulatory engagements.
- Contribute to the development and execution of the annual Compliance Strategy and Work Plan aligned with the organisations risk appetite and business objectives.
- Promote a strong compliance tone-from-the-top and ethical culture across the organisation.
Regulatory Compliance & Regulatory Engagement
- Provide oversight for monitoring compliance with all regulatory requirements applicable to the organisation.
- Lead and oversee the preparation review and timely submission of accurate regulatory filings statutory returns and responses to regulatory inquiries.
- Maintain and continuously update the regulatory universe and assess the impact of regulatory changes on business activities.
- Act as a key point of contact for regulators and coordinate regulatory examinations inspections and supervisory reviews.
- Proactively identify regulatory risks and advise management on remediation and regulatory expectations.
Compliance Risk Management & Monitoring
- Support the design implementation and execution of the annual Compliance Monitoring Plan.
- Oversee periodic compliance reviews thematic reviews and control testing activities across business units.
- Review and challenge compliance findings root cause analyses and remediation plans ensuring issues are tracked to closure.
- Lead compliance risk assessments and contribute to the Enterprise Risk Management (ERM) framework including risk identification assessment and reporting.
- Provide independent assurance on the effectiveness of compliance controls.
Policy Governance & Advisory
- Lead the development review and implementation of compliance policies standards manuals and procedures.
- Ensure policies remain aligned with regulatory developments operating realities and best practices.
- Provide compliance advisory support on transactions credit enhancements new products strategic initiatives thirdparty arrangements and operational changes.
- Participate in transaction due diligence focusing on regulatory conduct and compliance risks.
AntiMoney Laundering / Countering the Financing of Terrorism and Proliferation (AML/CFT/CPF)
- Support the Head of Compliance in ensuring the effective implementation of organisations Anti-Financial Crimes (AFC) framework.
- Oversee KYC customer due diligence enhanced due diligence PEP and sanctions screening and ongoing monitoring processes.
- Review escalated AFC cases suspicious activity investigations and ensure accurate and timely filing of Suspicious Transaction Reports (STRs).
- Monitor compliance with applicable AFC regulations and regulatory guidance.
- Support AML risk assessments and independent AML testing activities.
Ethics Conduct Training & Awareness
- Champion ethical conduct integrity and compliance culture across the organisation.
- Oversee the development and delivery of compliance and AML training programmes for staff and senior management.
- Support the administration of whistleblowing arrangements including investigation oversight and reporting.
- Provide guidance on conduct risk issues conflicts of interest and ethical breaches.
Management & Board Reporting
- Prepare and review highquality compliance reports for Executive Management Board Committees and regulators.
- Ensure reporting provides clear insights into compliance risks control effectiveness breaches incidents and remediation status.
- Maintain comprehensive and uptodate compliance records registers and documentation.
People Management & CrossFunctional Collaboration
- Provide oversight coaching and technical guidance to compliance team members.
- Support capacity building and succession planning within the Compliance function.
- Collaborate closely with Risk Management Internal Audit Legal Finance Operations and Business Units to ensure coordinated risk management.
- Support crossfunctional projects requiring senior compliance input.
Other Responsibilities
- Perform any other duties as assigned by the Head of Compliance.
Qualifications & Experience
Education
- Bachelors degree in Law Finance Economics Business Administration or a related discipline.
- Relevant postgraduate qualification is an advantage.
Professional Certifications (Required)
- At least one of the following:
- Designate Compliance Professional (DCP)
- ACAMS (Certified AntiMoney Laundering Specialist)
- Nigerian Bar qualification (for legal background)
Experience
- Minimum of 5-8 years experience in compliance regulatory affairs risk management or internal control within financial services capital markets banking or related sectors.
- Demonstrated experience in regulatory reporting compliance monitoring and Anti-Financial Crime compliance.
Skills & Competencies
Technical Skills
- Strong understanding of the Nigerian financial regulatory environment (SEC CBN NAICOM FRC EFCC/SCUML NSE etc.).
- Knowledge of corporate governance AML/CFT regulations and compliance monitoring methodologies.
- Proficiency in KYC platforms sanctions screening tools and compliance systems.
Behavioural Competencies
- Strong analytical and problem-solving skills.
- Excellent communication (written & verbal) and stakeholder management skills.
- High level of integrity discretion and ethical judgment.
- Attention to detail and ability to work under tight deadlines.
- Strong organisational and coordination abilities.
- Proactive self-driven and able to work both independently and in a team.
Working Relationships
Internal:
- All business units Internal Audit Risk Management Legal Finance Operations Corporate Communications.
External:
- Regulators external auditors industry associations consultants and counterparties.
Required Experience:
Manager
