Or your alerts
New
Yesterday

Job Summary

The Head of Compliance oversees the activities of the Compliance team and guides them to implement UP's Compliance strategy and Compliance Program, highlight any deficiencies, and suggest improvements in current compliance processes, systems, and procedures.

  • Minimum Qualification: Degree
  • Experience Level: Senior level
  • Experience Length: 8 years

Job Description/Requirements

Responsibilities:
Regulatory and Compliance Management:
  • Contribute to the design and implementation of a Compliance program and Work with regulators and internal management to ensure the compliance program adheres to regulatory and compliance standards.
  • Acting as a business advisor by providing guidance to internal management and business partners regarding the implementation of unified payments compliance programs.
  • Maintain responsibility for all regulatory fillings and the oversight of any relevant regulatory reports, STRs/SARs filings, and any other reports or filings submitted by unified payments to any relevant local regulatory authority
  • Implement compliance standards per regulatory requirements, applicable codes of conduct, and best practices, in order to ensure Unified Payments operates legally, ethically, and responsibly.
Risk Management:
  • Develop and implement a compliance risk management plan and maintain an updated risk register.
  • Conducting an enterprise-wide AML/ CFT risk assessment that includes (i) some of the relevant inherent risk components (customer base, products/services, delivery channels, and various locations where unified payments operate.
  • Ensure unified payment is not exposed to undue risks by using risk management systems to achieve specific goals within designated areas of each business.
  • Monitor Key risk indicators, analyze trends, and proactively address emerging risks.
  • Collaborate with relevant departments to ensure controls and mitigation measures are in place.
  • Prepare and present compliance risk reports to Business Leads, senior management, and stakeholders.

Requirements:
  • University  Degree in Finance, Accountancy, Banking,  Law or financial management
  • Member of any of the  following professional bodies is  mandatory:
  • Association of Certified Anti-money Laundering Specialists (ACAMS)
  • Institute of Internal Auditors (IIA)
  • International Compliance Association. ICA
  • Certified Compliance & Ethics Professional (CCEP)
  • Relevant professional certificate in Internal Audit and  Compliance Management would be an added advantage
  • A minimum of 8 years of relevant Compliance and Audit experience, preferably in reputable financial institutions or in the payments industry
  • Solid working knowledge of financial services regulations with a strong understanding of the local regulatory administration.

Important Safety Tips

  • Do not make any payment without confirming with the Jobberman Customer Support Team.
  • If you think this advert is not genuine, please report it via the Report Job link below.
Report Job

Share Job Post

Lorem ipsum dolor (Location) Lorem ipsum NGN Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum NGN Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum NGN Confidential

Job Function : Lorem ipsum

1 year ago

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

This action will pause all job alerts. Are you sure?

Cancel Proceed
Report Job
Please fill out the form below and let us know more.
Share Job Via Sms

Preview CV