Risk & Compliance Manager at Innovectives LLC

Innovectives, an integrated fintech company, is a Payment Facilitator, licensed Agent Banking Services Provider, inter-bank Payment Aggregator as a well as a certified mobile Point of Sale solution provider.

Innovectives facilitates digital, mobile and e-payment payment services such as Customer-to-Customer [C2C] Business-to- Business [B2B], Business-to-customer [B2C], Customer-to-Business [C2B], Business-to-Government [B2G], Government-to-Citizen [G2C] transactions across Africa.

We are recruiting to fill the position below:

Job Title: Risk & Compliance Manager

Location: Lagos

Role Summary

• We are looking for a Risk & Compliance Manager to support our business
• You will support the Head of Risk & Compliance in embedding risk policies and procedures, providing assurance on the effectiveness of the team and ensuring compliance with regulatory stipulations, controls; and adherence to documented procedures.

Responsibilities

• Assist in the formulation and documentation of Innovectives’ risk & compliance plan
• Ensure implementation of and adherence to risk & compliance policies and procedures.
• Create awareness and improve homogenous compliance culture.
• Ensure KYC/AML & CTF policies are kept up to date in line with CBN’s / FATF regulations.
• Ensure identified and potential risks within the Company are flagged, measured, monitored and managed
• Maintain and update risk register
• Monitor the operational risk environment using key risk indicators and ensure an effective reporting and actioning system is in place
• Ensure adequate controls are in place to prevent regulatory breaches
• Assist in facilitating and coordinating the process of identifying and assessing the impact of all new regulatory requirements
• Assist in facilitating and coordinating risk and AML/KYC compliance workshops
• Complete and maintain the regulatory compliance grid
• Conduct internal training / refresher training for staff on KYC/AML/CFT compliance, identification of suspicious transactions and reporting requirements
• Ensure Innovectives does not suffer any loss as a result of regulatory non-compliance
• Monitor Innovectives overall compliance status
• Carry out unannounced field visit to clients’ business locations before or after loan approval as the case may be
• Ensure that incidents are analysed to identify control weaknesses and areas of improvement, if possible and that they are communicated to appropriate departments and follow-ups (recoveries, disciplinary hearings, dismissals, insurance claims) reported
• Ensure risk is comprehensively reported in a timely manner
• Ensure satisfactory audit for the risk & compliance department.

Qualifications

• Graduate Degree in Economics, Accounting, Engineering, Finance or any numerate discipline
• An MBA will be a plus
• A Law Degree can be considered if there is an MBA
• Knowledge of internal control processes and requirements
• Ability to observe and analyse business processes
• Experience in risk management and compliance regulations for Banks
• Excellent presentation and communication skills (both oral and written)
• Proficiency in the use of MS Office Suite.

Application Closing Date
10th July, 2020.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using "Risk & Compliance Manager" as the subject of the mail.

Note: Only shortlisted candidates will be contacted.