Vacancy For Risk & Compliance Officer In A Reputable Specialist Life Assurance Company

⏲ Jan 31, 2019, 1:29 PM
⋕ View all Banking & Financial Services jobs
⌂ See more jobs at PricewaterhouseCoopers (PwC)

PricewaterhouseCooper (PwC) - Our client is a widely recognised Specialist Life Assurance Company in Nigeria, serving thousands of customers with bespoke insurance products tailored for each phase of their lives. The company is aimed at improving the quality of life of clients by providing prompt and quality insurance service delivery. They offer a range of insurance products such as annuity, investment plans, group life plans and much more. They are recruiting to fill the position below: Job Title: Risk & Compliance Officer Reference Number: 130-PEO00905 Location: Lagos Department: People & Change Nigeria Job Type: Permanent Roles & Responsibilities

The successful candidate will be reporting to the Controller (CRO) Risk & Compliance
This individual will be responsible for ensuring that the business activity of the Company are carried out within a regulatory framework
Prove compliance support to various departments by collecting and coordinating internal compliance data with auditors
Provide administrative support by implementing systems, procedures, and policies; completing projects in support of compliance auditors within the Organisation in line with the Company’s Policy.

Other responsibilities are as follows:

Contribute to robust and effective compliance and controls with the Company
Review marketing materials, presentations and websites to ensure compliance with regulatory requirements
Assist in the gathering of internal information in response to regulatory requests.
Collate quarterly /yearly ERM reports
Report and analyse identified risks
Keep, update and report on risk register
Coordinate and Compile Statutory Returns timely.
Compile weekly report for Management meetings.
Liaise with Risk Champions weekly and reporting on risk identified.
Collaborate with other departments to create a culture of compliance.
Perform risk assessments to understand the level, significance and scope of risk.
Keep to date with, and understand, relevant laws and regulations
Monitor compliance with laws, regulations and internal policies
Ensure that Risk and Compliance findings are recorded and follow up with Management to rectify identified issues
Educate employees on internal policies, laws and regulations; as well as the impact to the Company if these are not complied with.
Investigate irregularities and non-compliance issues
Report back to business functions on current risk and compliance performance.
Highlight or escalate areas of concern

Requirements Qualifications:

An advanced Degree in Finance or an MBA strongly preferred
HND or BSc. in Actuarial Science, Economics and relevant professional qualifications e.g. Chartered Institute of Securities and Investment.

Experience: