Sub Category

Trainee / Graduate Jobs

Administrative Jobs in Nigeria

Advertising Jobs Nigeria

Accounting Jobs in Nigeria

Auditing Jobs Nigeria

Arts Jobs in Nigeria

Android / IOS Developer Jobs

Agriculture Jobs in Nigeria

Architecture Jobs in Nigeria

Aviation Jobs in Nigeria

Automobile Jobs in Nigeria

Banking Jobs in Nigeria

Computer & InfoTech Jobs

Computer / IT Support Jobs

Customer Service Jobs

Civil Engineering Jobs

Cook / Chef Jobs

Database Jobs in Nigeria

Driving / Dispatch Rider Jobs

Education Jobs for Nigerians

Real Estate Jobs

Electrical/Electronics Jobs

Engineering Jobs in Nigeria

Facility Mgt Jobs in Nigeria

Finance Jobs in Nigeria

Front Desk Jobs in Nigeria

Geology Jobs

Government Jobs in Nigeria-

Graphics Design Jobs

Hospitality Jobs in Nigeria

Hotel Jobs in Nigeria

HR Jobs in Nigeria

Industrial Attachment (Internship)

Insurance Jobs in Nigeria

Journalism / Content Writing Jobs

Law Enforcement / Security Jobs

Lecturing Jobs in Nigeria

Law / Legal Jobs in Nigeria

Linux & Unix Jobs Nigeria

Marketing & Sales Jobs

Maritime & Shipping Jobs

Medical & Healthcare Jobs

Military Jobs in Nigeria

Computer Networking Jobs

NGO Jobs in Nigeria

Oil & Gas Jobs in Nigeria

Oracle Jobs in Nigeria

Personal Assistant Jobs

PHP & MySQL Jobs in Nigeria

Physician / Medical Officer Jobs

Public Relation Jobs

Programming / Software Jobs

Pri/Sec Sch Teaching Jobs

Real Estate Jobs in Nigeria

Remote / Work-at-home Jobs

Research Jobs in Nigeria

Safety & Health Jobs

Secretarial Jobs in Nigeria

Security Jobs in Nigeria

Sales Jobs

Shipping & Maritime Jobs

Student Jobs in Nigeria

Software Developer Jobs

System Admin Jobs in Nigeria

Teaching Jobs in Nigeria

Telecommunication Jobs

Semi-skilled / Factory Work

Volunteer Jobs Nigeria

Web Developer Jobs Nigeria

Web Designer / Frontend / UI Jobs


Job Filter

Get Latest Nigerian Jobs Alert!
Enter your email below.










  
          Popular Jobs
IO Furniture Limited Job Recruitment (5 Positions)

Scrapays Plc Job Recruitment (3 Positions)

Babban Gona Farmer Services Nigeria Limited Job Recruitment (3 Positions)

Schlumberger Limited Job Recruitment

Alfred and Victoria Associates Job Recruitment (7 Positions)

TotalEnergies Nigeria International Masters Degree Scholarship 2024

Advantage Health Africa Job Recruitment (4 Positions)

Odixcity Consulting Job Recruitment (8 Positions)

Agurate Online Limited Job Recruitment (4 Positions)

HR-EX Consulting Job Recruitment (7 Positions)

Kennedia Consulting Limited Job Recruitment (4 Positions)

Goldplates Feast House Job Recruitment (4 Positions)

Prestigious Consulting Group Job Recruitment (4 Positions)

Sun King (Formerly Greenlight Planet) Job Recruitment (4 Positions)

Coca-Cola Hellenic Bottling Company Job Recruitment (5 Positions)

Moniepoint Incorporated Job Recruitment (6 Positions)

DMOT Enterprises Job Recruitment (3 Positions)

Excel and Grace Consulting Job Recruitment (13 Positions)

MPI Group Job Recruitment (6 Positions)

Givanas Group Job Recruitment (9 Positions)

Golden Oil Industries Limited Job Recruitment (3 Positions)

Global Profilers Job Recruitment (13 Positions)

Repton Group Job Recruitment (6 Positions)

Medecins Sans Frontieres (MSF) Job Recruitment (5 Positions)

FinTrak Software Company Limited Job Recruitment (3 Positions)

Food Concepts Plc Job Recruitment (5 Positions)

Vesti Graduate Trainee Programme 2024

Aureole Consulting Limited Job Recruitment (6 Positions)

U.S. Mission in Nigeria Job Recruitment (9 Positions)

Malaria Consortium Job Recruitment (9 Positions)

Smart Partners Consulting Limited Job Recruitment (7 Positions)

Kaltani Job Recruitment (4 Positions)

Vixa Pharmaceutical Company Limited Job Recruitment (5 Positions)

West Africa Vocational Education (WAVE) Job Recruitment (7 Positions)

Concept Group Job Recruitment (8 Positions)

Reliance Health Job Recruitment (4 Positions)

Zenith Care Hospital Job Recruitment (3 Positions)

Wema Bank Plc Job Recruitment (7 Positions)

Danish Refugee Council (DRC) Job Recruitment (6 Positions)

President Paints Limited Job Recruitment (3 Positions)

Suacasa Nigeria Limited Job Recruitment (3 Positions)

Compovine Technologies Limited Job Recruitment (8 Positions)

Tomato Jos Farming and Processing Limited Internship & Exp. Job Recruitment (4 Positions)

M-KOPA Nigeria Job Recruitment (6 Positions)

Pagatech Limited Job Recruitment (6 Positions)

Nestle Nigeria Plc Job Recruitment (5 Positions)

Flytime Promotions Limited Job Recruitment (3 Positions)

African Development Bank Group (AfDB) Job Recruitment (13 Positions)

Reposebay Human Resources Limited Internship & Exp. Job Recruitment (3 Positions)

ENGIE Energy Access Job Recruitment (4 Positions)


Chief Compliance Officer at Baobab Microfinance Bank

Posted on Mon 25th Jan, 2021 - hotnigerianjobs.com --- (0 comments)


Baobab is a leading digital financial inclusion group focusing on serving individuals, micro and small businesses in Africa and China. Our mission is to unleash the potential of our clients offering them simple and easy to use financial services. Founded in 2005 as Microcred, today Baobab has over 900,000 customers and 3,800 employees in Madagascar, Senegal, Nigeria, Ivory Coast, Mali, Tunisia, Zimbabwe, Burkina Faso, Democratic Republic of Congo and China.

We are recruiting to fill the position below:

Job Title: Chief Compliance Officer

Location: Lagos
Employment Type: Full-time

Overview of Mission

  • Under the supervision of the CEO, the compliance officer is responsible for the implementation and compliance of Baobab Nigeria activities with local regulations and standards of Baobab Group. He has an advisory role and supports regulatory issues of the institution’s departments.
  • The CCO participates in the implementation of a regulatory monitoring system to ensure the compliance of business processes with laws and regulations.
  • The Chief compliance Officer also participates in the implementation of non-compliance risk control framework within the institution and manages the internal system of anti money laundering.
  • The Compliance Officer can, at the request of the Management, be involved (leader or participant) in the analysis and the implementation of projects initiated by Baobab.
  • The Chief Compliance Officer (CCO) oversees and manages compliance issues within their company or organization. The CCO ensures that the organization is in compliance with various regulatory requirements and that employees are in adherence with internal procedures and policies, Provides leadership, direction, and integration of compliance activities to fulfill Baobab MFB needs and state and federal regulations. Directs the formulation of strategic compliance planning in support of the Baobab's vision, mission and values.
  • Directs integrated implementation and evaluation of compliance initiatives and on-going activities for compliance units, Dispute Resolution, and Internal Audit and other compliance partners as may be identified to serve future needs, Interfaces with senior administration, staff and government agency officials in the representation and development of various strategic compliance programs, policies, services and initiatives. Serves as the Baobab’s chief representative and advocate for excellence in compliance functions.

Responsibilities and Function

  • The function involves meeting with the heads of department and operations, conducting interviews, and leading working groups.
  • The Compliance Officer has access to senior management (CEO) and is reporting regularly to the Group Head of Compliance in charge of supervising the compliance function within the Group Baobab.

Missions:

  • Anti - Money Laundering
  • Management of the anti-money laundering system Including procedures, implementation of operational processes, compliance with local regulation and international standards, etc.
  • Participation in improvement of AML risk detection tools, analysis of operations and detection of suspicious behaviors.
  • Monitoring and follow-up of good application of procedures by operational departments.
  • Anti-money laundering correspondent accompanied by local authorities.
  • Analysis and report suspicious transactions to local authorities .
  • Organization of staff training on financial security.

Regulatory Watch:

  • Follow-up of local law and regulation evolutions, standards and practices, and procedures of Baobab Group .
  • Participation in meetings with local authorities and professional associations .
  • Impact analysis on Baobab activities and information to senior management .
  • Monitoring the implementation of regulatory changes (updated procedures, business processes, etc.)

New Products / Services:

  • Involvement in new product/service analysis in accordance with Group procedures (control of rules issued by Baobab Group) .
  • Participation in analysis of non-compliance risks (AML, etc.) .
  • Support for the senior management for impacts of new product .

Non-Compliance Risks:

  • Identification and assessment of risks related to non-compliance with regulatory requirements .
  • Analysis of strengths / weaknesses of the local system to comply with regulatory requirements and proposition of improvement to senior management (recommendations).
  • Implementation of permanent/regular controls .

Customer Protection:

  • Identification and analysis of regulations on customer protection and its impacts (e.g. information to provide to customers, management of customer complaints, etc.) .
  • Monitoring of customer protection rules’ implementation and proposition of action plans if necessary .

Procedures:

  • Responsible to follow set up and update of procedures and the compliance of validation process with Baobab Group rules (in collaboration with the Group General Secretary) via:
    • Review of all procedures set up by Baobab departments .
    • Monitoring the update of procedures following potential changes in operational processes .
    • Monitoring the approval process.
    • Ensure communication to employees.

Follow-Up of Reportings:

  • Set up and update of the list of reporting requirements to local authorities, to shareholders and to Baobab Group .
  • Follow-up of reporting requirements .

Reporting of Compliance Department
The Compliance department is responsible for setting up with:

  • Regulatory reporting to local authorities on the topics of compliance and anti- money laundering .
  • Reporting to senior management of Baobab on tasks performed by the Compliance department .
  • Reporting to the Group Head of Compliance in charge to supervise Compliance function within the Group.

Other Missions
Projects:

  • Upon senior management request, involvement in projects in collaboration with other departments .
  • Set up specifications and participation in the choice of new softwares for specific projects .
  • Monitoring of tests’ achievement required before production implementation .

Required Profile

  • Ability to use independent judgment and to manage and impart confidential information.
  • Knowledge of current and emerging equal opportunity and affirmative action legislation, issues, and trends.
  • Knowledge of public policies, legislation, guidelines, and standards pertaining to discrimination and sexual harassment in the work place.
  • Demonstrated ability to develop institutional policies and procedures.
  • Supervisory, employee development, and leadership skills.
  • Strong critical thinking skills and the ability to analyze, summarize, and effectively present data.
  • Knowledge of concepts, practices, principles and procedures of strategic business planning and reporting.
  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.
  • Strong analytical, evaluative, and objective critical thinking skills.
  • Knowledge of federal and state employment laws and regulations, and public sector employment policies and procedures.
  • Demonstrated understanding of compliance systems and controls.
  • Detailed knowledge of laws and regulations affecting business operations.
  • Knowledge of local, state and federal accounting and auditing compliance laws.
  • Knowledge of employment and educational regulatory requirements, guidelines, and procedures for the administration of federal and state laws on civil rights and the Clery Act.
  • Ability to interpret and advice on the application of various laws and regulations.
  • Knowledge of team building principles and techniques.
  • Knowledge of fiscal principles to oversee budgets and financial activity within the areas of oversight.
  • Must maintain certification status.

Educational and Professional Qualification

  • Master's degree at least 10 years of experience directly related to the duties and responsibilities specified.
  • Previous Banking experience in related fields.
  • Certification/Licensure Certified Public Accountant (CPA), Certified Internal Auditor (CIA).
  • Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis.

Experience:

  • At least 10 years of experience directly related to the duties and responsibilities specified.
  • Must be grounded as regards to financial compliance regulation of affiliated countries. Banking experience is Key, and Microfinance Banking experience will be an added advantage.

Skills:

  • Depth knowledge of regulations, standards and rules of financial industry and products .
  • Ability to communicate orally and written with other departments and externally with authorities .
  • Ability to work in a team and manage several subjects / issues simultaneously.

Personal skills:

  • Fluent in English
  • The highest ethical and professional standards.
  • Strong analytical, and decision-making skills.
  • Demonstrated effective leadership, team building and coaching skills.
  • Demonstrated ability to motivate people, assess and develop employee skills.
  • Excellent planning and organizational skills.
  • Demonstrated ability to use logic, reasoning, and critical thinking in identifying the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Ability to work with teams and lead decision-making processes in a team environment.
  • Ability to interact with Senior staff within an organization as well as teams in a foreign HQ.

Application Closing Date
28th January, 2021.

How to Apply
Interested and qualified candidates should send their Application Letter and Resume to: [email protected] and cc [email protected] with the following reference: Chief Compliance Officer.


  

Comments (0)


Post a Comment
Name: *
Email: *
Comment: *