Chief Compliance Manager

We are recruiting to fill the position below:

Job Title: Chief Compliance Manager

Location: Yaba, Lagos
Employment Type: Full-time

Summary of Responsibilities

• This position is responsible for developing, implementing, and overseeing the organization’s compliance framework, ensuring adherence to applicable laws, regulations, and internal policies.
• The Chief Compliance Manager serves as a trusted advisor to executive management and the Board on compliance and regulatory matters, fostering a culture of ethical conduct, transparency, and accountability across the organization.
• This role is pivotal in ensuring that Rosabon’s operations align with regulatory expectations and industry best practices, supporting the company’s mission of sustainable growth and operational excellence.
• The Chief Compliance Manager plays a strategic leadership role in safeguarding Rosabon Financial Services’ integrity and reputation through effective compliance management.

Core Responsibilities
Governance and Oversight:

• Ensure the independence and authority of the compliance function within the organization.
• Advise the Board and Executive Management on compliance obligations, risks, and emerging regulatory issues.
• Develop, implement, and maintain a comprehensive compliance framework, policies, and procedures.
• Chair or actively participate in Risk & Compliance Committee and Audit Committee meetings.
• Oversee compliance reporting and provide assurance on adherence to internal and external requirements.

Regulatory Compliance:

• Maintain professional relationships with regulators, auditors, and law enforcement agencies.
• Oversee timely preparation and submission of all regulatory filings, reports, and correspondences.
• Ensure adherence to all relevant local and international regulations, including but not limited to:
  • Data protection regulations (NDPR and GDPR, where applicable).
  • CBN, NDIC, SEC, and EFCC guidelines.
• Track and interpret new or amended regulations, ensuring internal processes are updated accordingly.

Risk Management:

• Recommend corrective actions to mitigate identified compliance gaps.
• Develop and maintain a comprehensive Compliance Risk Register.
• Collaborate with Internal Audit and Enterprise Risk Management teams to align risk controls, audits, and testing processes.
• Identify, assess, and monitor compliance and operational risks across all business units.

Training and Culture:

• Promote a “speak-up” culture through effective whistleblowing and ethics mechanisms.
• Embed compliance awareness in business processes, policies, and performance objectives.
• Design and conduct regular compliance training and certification programs for employees.
• Drive behavioral change initiatives to strengthen the organization’s compliance culture.

Monitoring and Reporting:

• Conduct compliance audits, internal investigations, and reviews of business operations.
• Establish and maintain continuous monitoring mechanisms for transactions, employee conduct, and processes.
• Report key compliance metrics, findings, and remediation actions to management and the Board.
• Track and ensure closure of audit and regulatory findings within agreed timelines.

Anti-Fraud / AML / CFT:

• Ensure compliance with Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) obligations.
• Coordinate with Internal Audit, Risk, and external law enforcement on investigations.
• Oversee Know Your Customer (KYC) procedures, due diligence, and suspicious transaction reporting.
• Develop and maintain fraud detection and response frameworks.

Key Performance Indicators (KPIs)

Qualifications and Requirements

• Experience: Minimum of 8 years in compliance, risk management, or regulatory affairs, with at least 4 years in a managerial or leadership role.
• Certifications: Professional certification in compliance or risk management (e.g., CCO, CAMS, CFE, CRCP, ICAN, or ACCA) is required.
• Education: Bachelor’s Degree in Finance, Accounting, or related field (Master’s degree is an advantage).

Skills:

• High integrity, attention to detail, and sound judgment under pressure.
• Excellent communication and stakeholder management abilities.
• Strong analytical, problem-solving, and decision-making skills.
• Proficiency in Microsoft Office and compliance management tools.
• In-depth knowledge of financial regulations, AML/CFT requirements, and data protection laws.