• Application Deadline:
• Position: Head, Legal & Compliance


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 12 years


• Location Lagos


• Job Field Law / Legal 
  

Description

Our client, a leading insurance company is looking to fill the position of Head, Legal & Compliance

Job Summary

The job incumbent will be responsible for overseeing and ensuring that business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures. Also, he/she will be responsible for ensuring that all regulatory permissions remain current and appropriate for business needs.

Job Duties and Responsibilities

Compliance Responsibilities/Accountabilities

• Ensure implementation of a robust and consistent compliance programme, in line with the Group / regional policies and standards and in compliance with local and international regulations.


• Provide support to address any compliance and regulatory-related issues or investigations and maintain an up-to-date view of regulatory and business developments.


• Develop a framework for the ongoing identification, monitoring (including relevant key risk indicators), management and reporting of AML, ABC, sanctions, fraud and conduct risk.


• Keep up to date with, and understand, relevant laws and regulations, monitor compliance with laws, regulations and internal policies.

Legal & Governance Responsibilities/Accountabilities

• Preparation, review and interpretation of documents from a legal perspective including the creation and review of all types of agreements - new and/or amended laws, regulations, guidelines, e.t.c., issuance of letters and response to letters, amongst others.


• Educate employees and leadership (stakeholders) on not only the legal requirements but also the impact on the organisation if these aren't complied with.


• Coordination and preparation of internal statutory reports and documentation to ARH and supporting the external Company secretary on corporate governance deliverables.


• Legal documentation drafting and conveyance, review, negotiations and pricing.

General Leadership, Advisory, Relationship & Stakeholder Management

• Advise on general business law issues and managing legal issues including corporate matters, procurement, health and safety and governance.


• Provide stewardship through collaboration and role modelling with other departments/functional leaders to create a culture of compliance.


• Supporting management and the Board through preparation of any legal and compliance related reports or updates that warrant the attention of the Board and attendance at the requite Board and Board Committee meetings to provide the appropriate advice and assurances if necessary.

Requirements

• 12 years+ experience functioning in similar capacity as highlighted above


• Experience garnered in the financial services, specifically, Insurance sector (most preferable) or delivering similar services via the professional services firms (any of the top “big 4”)


• Minimum of a bachelor’s degree in Law – LLB & BL with at least a 2:2 (second class lower)


• Additional and relevant professional certification (e.g. ACTI, ACArb, CIIN, etc) – preferred