- To ensure that the issues relating to ethics and compliance are evaluated, monitored, managed, and resolved in an appropriate manner.
- To put in place monitoring programs to measure efficiency and identify places for improvements.
- To identify and assess the main Compliance risk issues facing the company and the plans to manage.
- To report to the Board and Management Compliance risk, in such a manner as to assist the Board members to make an informed judgment/decision
- To report to the management / compliance committee on any material Compliance failures (e.g. failures that may attract a significant risk of legal/regulatory sanctions, material financial loss or loss to reputation
- To have free access to information and personnel necessary to carry out responsibilities effectively and the corresponding duty of the staff to co-operate in supplying this information
- To advice Management on the Compliance laws, rules and standards as it relates to a financial organisation.
Requirements
- B.Sc / BA in Law, Finance, Business Administration or a related field
- Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus
- Proven experience as a Compliance Officer
- Knowledge of legal requirements and controls (e.g. Anti- Money Laundering, or AML)
- Familiarity with industry practices and professional standards
- Excellent communication skills
- Integrity and professional ethics.
