Assistant compliance officer

ARM Life Plc

Job Summary

Role will be primarily responsible for: Periodic reviews of legal documentation and legislation/regulations impacting the company’s operations - developing compliance monitoring plans to address areas of key risks as identified.

  • Minimum Qualification: Degree
  • Experience Level: Entry level
  • Experience Length: 2 years

Job Description

ARM is a leading group of companies situated in Nigeria with branches scattered across the country. ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non bank financial services firms in Nigeria with a focus on asset management of quoted equities and fixed income securities.

Principal Duties and Responsibilities

  • Negotiation, drafting and implementation of the terms of agreements in all business contracts and agreements.
  • Legal advisory on contracts, Masters Service Agreements, and Service Level Agreements.
  • Liaison with service providers, external legal advisers, and government agencies.
  • Regulatory reporting and SLA Monitoring
  • Liaison with all regulatory bodies as well as maintaining relationships with relevant legal bodies and trade associations.
  • Ensuring compliance with all relevant regulations by National Pension Commission and other relevant regulatory agencies.
  • Supporting the implementation of the Anti-Money Laundering policy, governance frameworks and the overall execution of financial returns rendition to the Financial Intelligence Unit.
  • Preparing the Compliance Grid detailing legislation and regulations impacting the Company’s operations
  • Developing and implementation of compliance risk management plans
  • Continual compliance risk assessment of company practices together with the development of internal policies and procedures, compliance training and protocols
  • Monitoring, creating awareness and review of Compliance Policies
  • Tracking/Logging all compliance related correspondence between the stakeholders i.e. PenCom, the Client, and the Company.
  • Review of client benefit payments & Compliance Report Monitoring
  • Following up on the progress of implementation of recommendations and commitments to National Pension Commission and other regulators.

Share Job Post

LOGIN TO APPLY NOW