Compliance Officer

Responsibilities:

• Conduct internal audits of financial transactions, operations, and records to assess compliance with internal policies and regulatory standards. 
• Oversee and verify the accuracy of all financial transactions through the "call over" process, ensuring logs and records are properly cross-checked with supporting documents. 
• Verify and validate daily, weekly, and monthly transactions such as loan disbursements, deposits, and withdrawals. 
• Monitor and ensure compliance with financial regulations, including AML (Anti-Money Laundering), KYC (Know Your Customer), and other relevant legal requirements. 
• Stay updated on policy changes affecting SME financing and adjust compliance strategies accordingly. 
• Investigate irregularities, fraud, or policy violations, document findings, and recommend corrective actions. 
• Evaluate and test the effectiveness of internal controls related to financial reporting, loan processing, and cash handling. 
• Identify and assess risk factors related to financial misstatements and operational inefficiencies. 
• Maintain detailed and organised audit and verification records for future reference and regulatory review. 
• Regularly report to the MD/CEO and board on compliance status, audit findings, risks, and corrective measures.
• Build, mentor, and lead a high-performing compliance and audit team. 
• Drive alignment between cross-functional teams to ensure seamless implementation of compliance initiatives. 
• Represent CreditPRO at regulatory meetings, industry forums, and compliance-related events. 
• Oversee the implementation of internal controls to prevent fraud and ensure accurate financial reporting. 
• Collaborate with Finance and Operations teams to integrate compliance into daily processes. 
• Spearhead the adoption of digital tools for audit automation and compliance monitoring. 
• Implement agile methodologies to iterate on controls based on real-time feedback and audits. 
• Ensure all activities comply with financial regulations and industry standards. 
• Champion training programs to enhance organisational awareness of compliance requirements. 
• Establish and monitor KPIs for compliance effectiveness (e.g., audit completion rates, risk mitigation success). 
• Use data analytics to refine compliance processes and address emerging risks. 
• Align compliance initiatives with ESG principles, such as promoting ethical lending practices for underserved SMEs.

 Requirements:

• B.Sc. in Accounting, Finance, Business Administration, or a related field from a reputable institution. 
• Professional qualifications such as ACA, ACCA. 
• 5–8 years of experience in compliance, internal auditing, or internal control in the finance sector. 
• In-depth knowledge of auditing standards, regulatory compliance, and internal control frameworks. 
• Background in financial regulations, risk assessment, or fraud detection in SME financing or Fintech environments. 
• Experience working with cross-functional teams (e.g., Finance, Operations, Legal) in regulated settings.
• Expertise in risk assessment, data analysis, and identifying compliance gaps through audits. 
• Ability to interpret regulatory trends and translate them into actionable controls (e.g., leveraging tools for AML/KYC monitoring). 
• Demonstrated success in building compliance programs and leading investigations into irregularities. 
• Strong mentorship skills to foster a culture of ethical practices and team alignment. 
• Proficient in stakeholder communication, including reporting to regulators, board members, and internal teams. 
• Familiarity with audit software, compliance management systems, and data analytics tools.  
• Detail-oriented mindset with adaptability to evolving regulations. 
• High integrity and ethical decision-making. 
• Strong problem-solving skills and resilience under pressure.