Purpose for the Job

• As a Compliance Officer, you will play a crucial role in ensuring that our organization operates within the legal and regulatory boundaries. You will be responsible for developing, implementing, and overseeing compliance programs, policies and procedures.  

Duties and Responsiblities
Regulatory Compliance

• Stay up to date with industry laws, regulations and guidelines that affect our operations. Interpret and communicate these requirements to relevant stakeholders, ensuring compliance in all business activities.

Policy Development

• Collaborate with cross-functional teams to create and update compliance policies, procedures and guidelines.

Risk Assessment

• Identify potential compliance risks within the organization and assess their impact. Develop strategies to mitigate risks and implement effective controls.

Training and Education

• Conduct training sessions to educate employees on compliance related matters. Foster a culture of awareness and adherence to compliance standards throughout the organization.

Monitoring and Auditing

• Design and execute regular compliance audits and assessments to evaluate the effectiveness of existing controls. Analyse findings and recommend corrective actions as needed.

Reporting

• Prepare comprehensive reports on compliance activities, including audit results, risk assessments and policy violations.

Investigations

• Lead or assist in investigations of suspected compliance violations, ethics concerns or irregularities. Ensure thorough and objective investigations are conducted and appropriate actions are taken.

Collaboration

• Work closely with other departments to address compliance related matters. Provide guidance on compliance requirements for new projects, initiatives and business relationships.

Data Protection

• Oversee data privacy and security compliance efforts ensuring compliance with the Data Protection Act 2019 and other relevant regulations. Ensure that the organizations data handling practices adhere to legal requirements.

Key Competencies

• Sets goals and strives to achieve them with enthusiasm and determination (results driven).


• Looks at different ways to solve problems and address difficulties.


• Ethical and principled approach to assignments.

Knowledge And Skills Required

• Proven experience (1-2 years) in compliance within a financial services sector.


• Strong knowledge of relevant laws, regulations and industry standards.


• Brilliant oral and written communication skills.


• Highly analytical with strong attention to detail.

Professional and Academic Qualifications

• Bachelor of Law Degree (or equivalent) from a recognized University.


• Admission to the Bar as an Advocate.


• Relevant professional qualifications example certified compliance & ethics professional are an added advantage.