Compliance Officer Job at VFD Group


VFD Group is an alternative financial service holding company that creates value by working within Nigeria's informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian.

VFD Group was founded by highly skilled professionals with diverse experiences, qualifications and professional backgrounds, who identified the gap between individuals and small businesses and their banking experiences and set out to bridge the divide. We are recruiting to fill the position below:

Job Position: Compliance Officer
Job Location: 
Lagos
Employment Type: Full Time

Job Summary

  • To assist the Chief Compliance Officer and manage designated activities and tasks in the Control & Compliance Department which are necessary to meet the department’s objectives and control processes.

Responsibilities

  • Assist with the development of control management plan
  • Identify key compliance obligations with the support of legal and other relevant resources and translating those requirements into actionable policies and procedures
  • Assist with control assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems and internal controls;
  • Carry out periodic control assessment and test whether the controls in place respond to the controls identified
  • Provide review feedbacks for annual updates to Everdon BDC’s control management framework and control register in accordance to changes in business environment
  • Maintain database of all regulatory obligations
  • Facilitate/support the maintenance of compliance and control registers
  • Track and monitor control, compliance guidelines
  • Develop plan to resolve identified issues in collaboration with concerned unit
  • Compile monthly compliance report
  • Liaise with regulators as required
  • Compile control checklist and carry out compliance audits on all Everdon BDC units
  • Prepare control reports
  • Execute regulatory returns to CBN
  • Execute periodic review of policies and present to Head of department
  • Address staff concerns or questions on compliance issues
  • Stay abreast of, research and advise on relevant regulatory matters
  • Other duties as directed by Head, Control and Compliance

General Business:

  • Ensure strict adherence to operations manual procedures and company policies
  • Ensure Control and Compliance department is presented to the highest possible standard
  • Communicate company information effectively; cascade relevant information
  • Ensure that all information is made available whenever requested
  • Identify and plan areas for personal development

Communication And Reporting:

  • To liaise with all relevant departments
  • To report to the head regularly on Control and Compliance issues at meetings and at other times. Issues raised/discussed at departmental meetings and other meetings must be reported
  • To provide such information to the head of unit as required in order to assess the performance of the department and achievement of agreed strategy

Key Performance Indicators

  • To liaise with all relevant departments
  • To report to the head regularly on Control and Compliance issues at meetings and at other times. Issues raised/discussed at departmental meetings and other meetings must be reported
  • To provide such information to the head of unit as required in order to assess the performance of the department and achievement of agreed strategy

Essential Knowledge/Skills/Experience

  • BSc/MSc degree in Finance, Accounting, Law or a related field.
  • 3-4 years’ experience with responsibilities like those of this role
  • Previous experience in Financial Services and General knowledge of Financial Markets
  • Good time management skills and the ability to prioritise;
  • The ability to work as part of a team and to build strong working relationships;
  • Outstanding interpersonal and influencing skills; a good team player;
  • Strong communication skills; written and verbal
  • Thorough understanding of compliance risk and issues and their management
  • Proven competence in Control and Compliance Management
  • Ability to prioritize projects and identify internal and external resources necessary to reach objectives
  • Ability lead others in formulating and articulating key strategic objectives internally and externally
  • Ability to see big picture and handle the detail of the role
  • Excellent change management and negotiation skills
  • Excellent organisational and project management skill
  • Strong analytical and problem-solving skills
  • Strong Attention to details
  • Qualifications and membership in relevant professional body is an added advantage.

How to Apply
Interested and qualified candidates should send their CV to: careers@vfdgroup.comwith the relevant position applied for as heading.