• Application Deadline:
• Position: Compliance & Legal Officer


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 6 years


• Location Lagos


• Job Field Finance / Accounting / Audit  , Law / Legal 
  

Job Description

Individually accountable for establishing and embedding compliance through own efforts, over periods of 1 day to 3 months. Initiates and facilitates corrective action where required. Assists management to develop risk management and compliance strategy & policy through own efforts.

• Establishes and embeds compliance in the holding company (Old Mutual West Africa Company and its subsidiaries, namely Old Mutual Nigeria Life Assurance Company and Old Mutual Nigeria General Insurance Company).


• Ensures compliance within area by implementation of compliance risk management and compliance monitoring plans per each operating entity.


• Ensure compliance with internal Old Mutual governance policies, procedure and requirements. Shall be primarily responsible for updating policy manuals, AML/CFT manuals, Compliance Plans etc and changes as required by the business


• Implements the compliance monitoring plan.


• Reports on compliance breaches to line managementand the Governance Executive.


• Prepares detailed up to date compliance reports as required by the line manager to various governance channels and management committees.


• Ensures all regulatory returns are filed as required.


• Facilitates resolution of compliance breaches.


• Assists in mitigation of compliance risks.


• Reports to the Governance Executive.


• Influence is limited to specific assigned functional area.


• Focuses on legislation and impact of legislation on the BU/functional area.


• Flexible and dynamic approach to work demands, expected to provide support to the Governance team on team related tasks as required by line manager.


• Ensures internal Group compliance requirements are adhered to and responsible for ensuring all compliance attestations are concluded within deadlines.


• Ensures regular stakeholder engagements (including regulatory engagements), coordinates all regulatory engagements under the supervision of the Governance Executive.


• Develops and embeds the regulatory strategy and regulatory engagement framework.

Key Result Areas

Compliance:

• Ensures compliance within area by implementation of compliance risk management and monitoring plan, as well as through staff supervised, over periods of up to 3 months.


• Reports on compliance breaches to line management and Governance Executive.


• Facilitates resolution of compliance breaches.


• Assists in mitigation of compliance risk.


• Focuses on legislation and impact of legislation on the BU/functional area.


• Assists the Governance Executive with the effective co-ordination and execution of the quarterly audit, risk and compliance meetings for Old Mutual Nigeria and all the subsidiary companies.


• Challenges and escalates (within the defined escalation framework) where deemed appropriate.

Personal Effectiveness:

• Accountable for service delivery through own efforts.


• Individually accountable for managing own time, tasks and output quality for periods of up to 3 months.


• Makes increased contributions by broadening individual skills.


• Collaborates effectively with others to achieve personal goals.


• Accepts and lives the company values.

Qualifications and Experience

• A first degree or its equivalent in relevant field  (Master’s degree is an advantage), ACAMS or similar certificate in Compliance


• At least 6 years work experience (three of which must be at middle management level)


• Relevant industry experience is required


• Excellent communication skills (verbal and written)


• Strong analytical skills


• Good Excel and PowerPoint skills