Chief Compliance Officer at Westfield Consulting

Purpose/Job Dimension

• Implement measures that would ensure the adherence to appropriate compliance framework and procedures to minimize loss from non-compliance.
• Ensure that the rules and principles set by CBN and other regulators are being adhered to, under the guidance of the organisation’s senior management team and the Board.

Key Roles and Responsibilities 

• Regular update of the Compliance Policy Manual as well as the AML/CFT Procedure manual. 
• Identify and review all rules, regulations and laws applicable to the Bank and its strategic business units and develop rule-books for them. 
• Instill a compliance culture which is self-supporting across the Bank. 
• Identify compliance issues and provide mitigating solutions. 
• Maintain cordial relationship with all regulatory bodies and statutory agencies. 
• Ensure all systems and procedures are compliant in the Bank. 
• Provide compliance services to the Bank in order to ensure sanction free operations. 

Required Skills and Competencies    

• Knowledge of CBN Guidelines and Legal/Regulatory framework.
• Knowledge of Accounting and tax.
• Knowledge of Business risk management and Operations risk
• Knowledge of Credit analysis.
• Knowledge of Investment and Portfolio Management.
• Knowledge of Assets and Liabilities Management.
• Knowledge of banking transactions and Money Laundering risks.
• Knowledge of National and International Regulations as regards AML/CFT and Compliance matters.
• IT and Computer appreciation 
• Data gathering and analysis 
• Business environment analysis
• Financial Analysis and Interpretation
• Total Quality Management
• Documentation 

Experience and Qualifications    

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field CA/MBA/PGDM/CFA or other relevant post graduate qualification.
• Minimum of 10 years cognate experience in Risk/Control functions within the Financial Services Industry.
• Relevant certifications in risk management, credit analysis, or financial analysis are highly desirable. CRM, PRM or similar certifications.
• Completion of relevant industry training programs or courses in credit risk management, credit analysis, and financial modelling.
• Knowledge of and adherence to industry regulations, compliance standards, and ethical guidelines governing credit monitoring and risk management activities.
• Excellent communication skills and the ability to work collaboratively with internal and external stakeholders.