As the Risk and Compliance Officer you will be developing, implementing, and overseeing risk management and compliance programs to ensure adherence to regulatory requirements and industry best practices. This role involves conducting risk assessments, identifying potential areas of vulnerability, and implementing controls to mitigate risks effectively. Additionally, monitoring regulatory developments and updates to ensure compliance with relevant laws and regulations governing the asset management industry. Furthermore, collaborating with internal stakeholders to develop policies, procedures, and training programs to promote a culture of compliance throughout the organization. Leveraging expertise in risk management and compliance to safeguard the company’s reputation, assets, and interests while supporting strategic business objectives.
Key Responsibilities
- Ensure all investments are within the risk tolerance set for the specific portfolios (or within the guidelines of the Trust Deed for registered Collective Investment Funds)
- Monitor client deposits for compliance anti-money laundering rules
- Send out periodic AML/CFT reports and prepare periodic SEC returns
- Ensure zero regulatory infractions and no fines
- Review internal processes to match changes in rules and regulations
- Oversee compliance with company’s internal processes and policies
- Prepare monthly Risk Management & Compliance reports
- Liaise with regulators SEC/NSE/NFIU/EFCC
- Review of bank reconciliation statements & internal control reports
Required Qualifications/Skills
- Minimum BA/BSc (2nd Class Upper) or HND (Upper Credit)
- A MSc, MA or professional qualification in Risk Management, Finance or related field is an advantage
- At least 5 years’ experience in risk and compliance in an investment management company, a capital markets firm, or a bank
- SEC sponsored individual status is required
- Excellent knowledge of rules and regulations issued by SEC, NGX, CBN, NFIU, and other agencies that regulate the Investment Management Industry