Chief Compliance Officer at ProjectSALT Nigeria

ProjectSALT Nigeria - Our client is recruiting suitably qualified candidates to fill the position below:

Job Title: Chief Compliance Officer

Location: Mainland, Lagos
Employment Type: Full-time
Department: Audit / Compliance

Job Summary

Our ideal candidate must be someone with strong leadership skills, and ability to approach business from a creative point of view, and extensive experience within the financial services industry. He will be overseeing the day-to-day compliance obligations of the company.
He must have the capacity to relate with the Central Bank of Nigeria and other regulatory authorities.

Key Roles and Responsibilities

Develop and implement robust compliance policies and measures that align with regulatory requirements.
Monitor and report on compliance status, implement corrective actions, and communicate significant issues to the management board.
Work closely with the legal department to interpret laws and regulations and provide guidance on compliance matters.
Monitor and ensure timeliness, completeness, and accuracy of all statutory and regulatory reports to relevant authorities.
Provide training to employees on compliance policies and foster a culture of adherence to ethical standards.
Stay abreast of regulatory updates and industry requirements
Conduct regular risk assessments and devise strategies to mitigate compliance risks.
Facilitate internal and external audits to assess the effectiveness of the compliance program and implement corrective actions.
Conduct due diligence on third-party relationships to ensure compliance standards are met.
Ensure the AML program is current and updated, including policies and procedures

Minimum Qualifications/Experience Required

Bachelor's or Master's Degree in Law, Management, or any related field.
Relevant professional certifications e.g ICAN, ACCA, etc.
In-depth knowledge of Nigerian regulatory requirements, including financial regulations, anti-money laundering laws, and data protection regulations.
Familiarity with relevant regulations and compliance standards.
Minimum of 7 years of proven work experience in the Risk and Compliance department in a financial Institution.
Minimum of 3 years experience in a Compliance leadership role

Job Attributes: