Compliance Officer at ARM Pension Managers (PFA) Limited

ARM Pension Managers (PFA) Limited is one of the first seven Pension Fund Administrators (PFA) granted license by the National Pension Commission in December 2005. It is part of the Asset & Resource Management Company Limited (ARM) Group, one of Nigeria’s most prominent and respected financial service brands. We have pre-eminent reputation in Investment Management, Research and Pension Fund Management.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Lagos
Employment Type: Full-time
Department: Compliance

Summary

The Compliance Officer will be primarily responsible for periodic reviews of regulations/legislations impacting the company’s operations, developing compliance monitoring plans to address areas of key risks as identified.Responsibilities

Responsibilities
This function supports the Head of Compliance Dept. in discharging the following tasks or performing the following activities:

Liaison with all the subsidiaries within the Company’s Group, service providers, external advisers, and government agencies.
Regulatory reporting and SLA Monitoring
Liaison with all regulatory bodies as well as maintaining relationships with relevant bodies and trade associations.
Ensuring compliance with all relevant regulations by National Pension Commission and other relevant regulatory agencies.
Supporting the implementation of the Anti-Money Laundering policy, governance frameworks and the overall execution of financial returns rendition to the Financial Intelligence Unit.
Preparing the Compliance Grid detailing legislation and regulations impacting the Company’s operations
Developing and implementation of compliance risk management plans
Continual compliance risk assessment of company practices together with the development of internal policies and procedures, compliance training and protocols
Monitoring, creating awareness and organising quarterly training for employees and test of knowledge
Tracking/Logging all compliance related correspondence between the stakeholders i.e., PenCom, the Client, and the Company.
Review of client benefit payments & Compliance Report Monitoring
Preparation of Quarterly RMAS report and ensure monthly RMAS returns are re· Following up on the progress of implementation of recommendations and commitments to National Pension Commission and other regulators.
Any other functions assigned by the Head of Compliance

Requirements

First Degree in Accounting, Actuarial Science, Auditing, Finance, Commerce, Law or any other numerate and semi-numerate field.
Minimum of (2) years of relevant experience
Good understanding of Pension Reform Act and the pension Industry in general.
Good understanding of financial markets
Good understanding of the Company’s Products and Services.
Excellent knowledge of MS office applications, Basic XML OperationsPassion for compliance and global regulatory trends

Personal Competencies: