Manager, Compliance and Risk

A Reputable Company

 Accra & Tema Region
Last Seen: 22nd January 2021

IndustryBanking, Finance & Insurance

Valid Until22nd February 2021

Company NameA Reputable Company

Job TypeFull Time

Required Experience10 years

Education LevelMBA / MSc

Job LevelSenior level

·        Manage the day-to-dayoperation of the Group’s Compliance requirements, and ensure that the Board ofDirectors, management and employees are in compliance with the rules andregulations of regulatory agencies such as the Securities & ExchangeCommission (SEC), the Ghana Stock Exchange (GSE), and the FinancialIntelligence Centre (FIC), and that company policies and procedures are beingfollowed.

·        Develop, maintain, andupdate compliance policies and procedures to prevent illegal, unethical, orimproper conduct.

·        Monitor new legal andregulatory developments and update policies and procedures accordingly.

·        Review, maintain, andupdate required compliance and corporate files and produce scheduled regulatoryfilings for Group companies, as mandated by the SEC, the GSE, the FIC and otherapplicable regulators.

·        Respond to regulatoryinquiries and third party examiners, and provide reports on a regular basis,and as directed or requested, to keep the Board and senior management informedof the operation and progress of compliance efforts.

·        Review marketingmaterials and investor communications to ensure compliance with relevant lawsand regulations.

·        Conduct appropriatesurveillance of business activities, including a review of investmentallocations and investment guidelines and restrictions, specifically as itrelates to the firm’s registered investment products.

·        Work with the HumanResources Department to develop effective ongoing compliance training for allemployees and managers.

·        Conduct due diligenceinvestigations into client activity, and analyse transactions and financialdata and investigate and detect possible money laundering activities.

·        Report unusualtransactions that could relate to money laundering or terrorist financeactivities to regulators.

·        Review services andbid agreements of the various subsidiaries and clients.

·        Provide legal adviceon the management of mutual funds and unit trust.

·        Provide internal auditfunction to the Group

·        Special projects asnecessary.


Specific Skills Requirements

·        Knowledge in theSecurities Industry Law, PNDC Law 333, Securities Industry Amendment Act, Act590, Unit Trusts and Mutual Funds Regulations, L.I 1695, relevant Regulatoryand Legislative Policy & Procedures for the Financial Sector.

·        Knowledge in theAnti-Money Laundering Act, 2008 (Act 749) and industry guidelines on Anti-MoneyLaundering and the Combating of the Financing of Terrorism (AML/CFT).

·        Ability to exhibitsound and accurate judgement.

·        Ability to multitaskand meet deadlines.


Educational/CertificationRequirements and Work Experience

·        A minimum of 10 years of investment banking andcapital markets experience.

·        A minimum of a MBA/Mscin Finance/ Risk/ Investment  from areputable university.

·        Should have successfully completed the Ghana StockExchange (GSE) Securities Courses and passed the examinations at all levels.