UP® otherwise known as Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company founded in 1997 by a consortium of leading Nigerian banks. UP® operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.Job Objectives
The Head, Ethics & Compliance ensure that ethical conduct is entrench in the organization’s operations, ML/TF/PF risks are effectively managed and effective data protection measures have been implemented.
Duties and Responsibilities
Regulatory and Compliance Management:
Contribute to the design and implementation of a Compliance program and work with regulators and internal management to ensure the compliance program adheres to regulatory and compliance standards.
Monitor compliance with the organization’s code of conduct and ensure it operates legally, ethically, and responsibly.
Ensure compliance with data privacy laws and regulations.
Ensure there is an effective system for the reporting of AML/CFT/CPF and code of conduct violations and investigation within the organization.
Conduct regular ML/TF/PF risk assessments of the organization’s operations, products and services to identify and mitigate potential ML/TF/PF risks.
Maintain an updated risk register, develop risk assessment reports for the approval of senior management and the Board.
Develop mechanism, monitor and analyses ML/TF/PF emerging trends and typologies, ensuring that the organization have adequate preventive measures to protect its system from being used as a conduit for financial crimes.
Collaborate with relevant departments to ensure that ML/TF/PF controls and mitigation measures are in place and effective.
Develop and facilitate compliance risk assessment training workshops for all stakeholders.
Engage in cross-functional responsibilities and performed other compliance functions as assigned by the Chief Compliance Officer CCO.
Requirements
Education:
University Degree in Finance, Accountancy, Banking, Law or financial management Member of any of the following professional bodies is mandatory:
Association of Certified Anti-money Laundering Specialists (ACAMS)
International compliance Association (ICA)
Designate Compliance Professional (DCP)
Certified Compliance & Ethics Professional (CCEP) Relevant professional certificate in risk management would be an added advantage.
General Experience:
A minimum of 7 years of relevant Compliance and Audit experience, preferably in reputable financial institutions or in the payments industry.
Solid working knowledge of financial services regulations with a strong understanding of the local regulatory administration.
