CHIEF COMPLIANCE OFFICER

REPORTS TO:  MD/CEO

·         Ensure that the rules and principles set by CBN and other regulators are being adhered to, under the guidance of the organisation’s senior management team and the Board.

Responsibilities

·         Identify and review all rules, regulations and laws applicable to the Bank and its strategic business units and develop rule-books for them.

·         Instill a compliance culture which is self-supporting across the Bank.

·         Identify compliance issues and provide mitigating solutions.

·         Maintain cordial relationship with all regulatory bodies and statutory agencies.

·         Ensure all systems and procedures are compliant in the Bank.

·         Provide compliance services to the Bank in order to ensure sanction free operations.

·         Knowledge of Accounting and tax.

·         Knowledge of Business risk management and Operations risk

·         Knowledge of Credit analysis.

·         Knowledge of Investment and Portfolio Management.

·         Knowledge of Assets and Liabilities Management.

·         Knowledge of banking transactions and Money Laundering risks.

·         Knowledge of National and International Regulations as regards AML/CFT and Compliance matters.

·         IT and Computer appreciation

·         Data gathering and analysis

·         Business environment analysis

·         Financial Analysis and Interpretation

·         Total Quality Management

·         Documentation

·         Minimum of 10 years cognate experience in Risk/Control functions within the Financial Services Industry.

·         Relevant certifications in risk management, credit analysis, or financial analysis are highly desirable. CRM, PRM or similar certifications.

·         Completion of relevant industry training programs or courses in credit risk management, credit analysis, and financial modelling.

·         Knowledge of and adherence to industry regulations, compliance standards, and ethical guidelines governing credit monitoring and risk management activities.

·         Excellent communication skills and the ability to work collaboratively with internal and external stakeholders.