Senior Associate, Compliance at Sabi

Sabi, founded with a solutions oriented approach to solving commercial challenges, has grown to become a significant player in global supply chain services, focusing on the processes involved in the sourcing and distribution of physical goods and commodities across diverse global markets. We blend innovative technology with intuition to create solutions to support supply chain management, sustainability and compliance, and financial services.

It goes beyond conventional service provision, serving as a dynamic tool for the growth of retail merchants, exporters, aggregators, distributors, importers, and manufacturers. Through Sabi's technology rails, businesses not only navigate challenges but expand their capabilities and reach on a global scale.

We are recruiting to fill the position below:

Job Title: Senior associate, Compliance

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Purpose

• The Senior Associate will drive the implementation of compliance program for the MFB.
• This will include the creation and implementation of compliance policies, processes and procedures established by the regulatory agencies that regulate our Company.
• He/she will also apply and interpret audit and compliance requirements for various departments.
• He/she will interact with external auditors, including regulators and law enforcement agencies on matters related to audits of our organization’s internal controls, and assess potential fraud activity, plus develop fraud prevention and detection tools.

Job Responsibilities
Regulatory and Compliance Management:

• Ensuring compliance with regulatory requirements by liaising with all internal risk management functions whilst developing and implementing our Company's Compliance policy.
• Oversee Compliance control systems to prevent or deal with violations of Compliance guidelines and internal policies.

Operational Compliance:

• Ensure that business activities within the organization comply with relevant external regulatory and / or voluntary codes and with internal policies and procedures to minimize business risk and to protect the reputation of our Company.

Compliance Risk Management;

• Develop and / or deliver a contingency plan for significant aspects of the risk management and/or control process. Assess future business ventures to identify possible compliance risks and keep abreast of regulatory developments within or outside our Company; communicate evolving best practices in compliance control.
• Partner with relevant stakeholders across our Company to raise awareness on Compliance, and to discuss risk management concerns.

Client and Customer Management (Internal);

• Act as a business partner to key internal customers and manage relationships with them.
• Maintain relationship with relevant stakeholders, and deploy Compliance management policies and standards in projects, systems, and services, across the organization.
• Provide authoritative specialist advice to Senior Management, business unit or regional level to enable the implementation of Compliance policy, projects, and change initiatives.

Requirements

• Bachelor's degree in Accounting, Economics, Banking, or related field.
• 5-7 years relevant experience within Compliance roles ideally within reputable financial institutions, preferably Microfinance Bank.
• Relevantprofessional qualification in financial services or audit.
• Solid working knowledge of financial services regulations with a strong understanding of the local regulatory regime.
• Knowledge of Customer Risk assessment and Compliance Risk Management.
• Experience in applicable payments, card networks, agent banking, and money transmission rules and regulations.
• Experience implementing compliance process automation, and utilization of automated tools for compliance effectiveness.
• Knowledge of regulatory returns/report rendition.
• SQL, Data science knowledge is an added advantage.

Application Closing Date
30th October, 2024

How to Apply
Interested and qualified candidates should:
Click here to apply online