Compliance Officer at New Dawn Microfinance Bank Limited

New Dawn Microfinance Bank aims to reduce poverty and make financial services available to the huge catchment of unserved active poor in the urban and semi-urban areas of Uyo and Akwa Ibom State in general. We are a group of private citizens from diverse professional backgrounds who met and conceived the idea of establishing a Microfinance Bank that would be like no other. At New Dawn, we tailor our customers’ needs specifically to bespoke products to fit perfectly their needs. No matter what your priorities are, our exceptional service, unique benefits and expert solutions are tailored to help you achieve them all.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Akwa Ibom
Employment Type: Full-time

Job Responsibilities

• Monitor regulations and regulatory change as well as industry best practice and update the Bank
• Communicate actions to relevant stakeholders from the analysis of regulations and track until completion. Share updates on activities with the Bank's Management
• Ascertain regulatory consultations and other relevant publications to present at the bank’s Management Committee Meetings.
• Update and maintain the communication updates tracker to keep track of communications made to the Bank
• Undertake traceability reviews on new regulations affecting the Bank.
• Obtain necessary information from Stakeholders to the Bank's Management. 
• Maintain the Compliance Policy register and update it where required.
• Support the 1 st Line of Defence in embedding best practice in relation to compliance matters and also  providing insightful recommendations.
• Maintain the Audit Tracker for any actions that the Compliance Department are required to complete, and track the actions until completion. Also assist in the closure of audit issues.
• Support in the monitoring and testing of deliverables.
• Perform ad-hoc projects or tasks when requested.
• Support the Compliance Team, with the delivery of the Bank’s vision for Compliance and complement the actions of the other team members towards de-risking the Bank.
• To periodically support the Compliance Team in managing Financial Crime Risk, by providing 2nd line advisory support.

Requirements

• Education level : HND / B.A. / B.Sc in any related discipline, and must have completed NYSC or possess an exclusion certificate.
• Minimum of one (1) year experience as a Compliance Officer preferably in a financial institution
• Candidate must be based in Uyo, Akwa Ibom State
• Proven compliance experience in Compliance and Risk roles as well as in the business supporting risk decision- making and undertaking Compliance within a financial services entity.
• Professional qualification in Compliance and/or a legal or audit background or experience working as a regulator will b an added advantage
• Experience writing or updating Compliance Policies
• Horizon scanning or experience analysing or summarising regulatory publications

Technical Skills:
A comprehensive understanding of the:

• regulatory framework and compliance requirements associated with financial services 
• core banking systems
• industry best practice
• Working knowledge of MS Office and databases

Interpersonal Skills:

• Exceptional communicator, results orientated, able to meet demanding deadlines and a good team player
• Excellent oral and written presentation skill with experience at reporting at senior level and forging strong relationship with the business

Application Closing Date
27th April, 2025.

Method of Application
Interested and qualified candidates should send their Applications, attached Resume, and copies of their credentials to: hr@newdawnmfb.com, using the Job Title as the subject of the email.