Compliance Manager

About the Role

Deloitte (Human Capital Consulting, West Africa) is recruiting a Compliance Manager on behalf of a leading financial services institution dedicated to expanding access to inclusive banking and credit solutions for individuals, entrepreneurs and small businesses. The organisation focuses on innovative financial products, exceptional service delivery, responsible banking, operational excellence and talent development

Responsibilities

Compliance Governance and Policy Management

• Develop and oversee control systems to prevent or address violations of legal, regulatory and internal policy requirements
• Draft, review, modify and implement policies, procedures and compliance frameworks that support organisational objectives and regulatory obligations
• Periodically review procedures, reports and operational processes to identify hidden risks, control gaps and instances of non-compliance
• Evaluate the effectiveness of compliance controls and recommend continuous improvements

Regulatory Compliance and Monitoring

• Monitor compliance with applicable laws, regulations, guidelines and industry standards
• Stay abreast of regulatory developments and emerging best practices, assessing their impact on operations
• Interpret regulatory circulars and communicate their implications for business activities
• Coordinate timely responses to regulatory reviews, audits, examinations and identified exceptions
• Prepare and submit compliance reports for senior management, regulators and other stakeholders

Risk Assessment and Control

• Conduct compliance risk assessments to identify, measure, monitor and mitigate compliance risks across the organisation
• Assess proposed business initiatives, products and strategic ventures for compliance and regulatory risks
• Monitor compliance through testing, reviews, spot checks, inquiries, investigations and control assessments
• Follow up on identified deficiencies and recommend practical remediation and process enhancements
• Support the implementation and monitoring of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) controls, including risk detection tools and reporting requirements

Advisory and Stakeholder Engagement

• Serve as the primary point of contact for compliance-related queries and advisory support
• Provide risk-based compliance advice to management and business units on regulatory requirements, policy interpretation and emerging risks
• Assess the compliance implications of new products, initiatives, partnerships and strategic activities
• Collaborate with Legal, Human Resources, Risk Management, Internal Audit and business units to embed compliance requirements in operations
• Review the work of colleagues and business units where necessary and provide guidance, advice or training
• Escalate significant compliance concerns and recommend appropriate remediation actions
• Promote a culture of ethical conduct, regulatory compliance and accountability

Reporting and Continuous Improvement

• Provide periodic compliance updates, dashboards and risk reports to management
• Track regulatory findings, remediation actions and compliance improvement initiatives to ensure timely closure
• Support continuous enhancement of compliance monitoring methodologies, tools and reporting capabilities

Requirements

• Bachelor's degree in Law, Finance, Business Administration or a related discipline
• Professional compliance certification (such as CAMS, ICA, CRCM, Certified Compliance Professional or equivalent) is an added advantage
• 5-7 years of progressive experience in Compliance, Risk Management, Internal Control, Audit or related functions
• Experience in a regulated industry, preferably banking, financial services, fintech or a similar environment
• Demonstrated experience in compliance monitoring, regulatory engagement, policy development and compliance risk management
• In-depth knowledge of regulatory requirements, compliance standards and industry best practices
• Strong understanding of AML/CFT regulations, sanctions compliance and financial crime risk management
• Excellent knowledge of reporting procedures, record keeping and regulatory reporting standards
• Sound judgment and decision-making skills, balancing regulatory requirements with business objectives
• Strong analytical, investigative and problem-solving skills

Job Type

Full-time, on-site

Location

Lagos, Nigeria

How to Apply

Follow the link below