Manager, Legal & Compliance at SW Global Limited

SW Global Limited – We are one of the largest Information Technology Company to emerge from West Africa with focus on solution delivery for Public and Private Sector Clients. Our market reach for our products have also powered enterprises in the USA, Ghana, Sierra Leon, Liberia, South Africa, Uganda and Sri Lanka.

Our Model provides Institutions with quick and easy access to mission- critical applications that removes the need for the direct total cost of ownership for business applications or expensive ICT infrastructure acquisitions. The turnkey solutions developed ensure cost effectiveness, enhanced operational efficiency and increased transparency.

Join our profound expert and dynamic team in Nigeria for the position below:

Job Title: Manager, Legal & Compliance

Code: LCM 0010
Location: Abuja

Job Summary

The position is to play a key role in developing and maintaining a robust control environment in the operation and across the company in general and will be responsible for coordinating, monitoring and advising on legal & compliance with business, global, regional, and local AML/CFT and compliance on policies, procedures, and requirements.
Identifying and managing internal and external risks, regulatory compliance.
Support strategic business decisions that will track financial transactions better, manage performance and control data, compliance, operations and disclosures.

Responsibilities

Formulate, implement, and monitor all applicable legal strategies that will ensure compliance with all legal, regulatory and corporate governance requirements of the business and all applicable compliance and Anti-Money laundering & Countering Financing Terrorism (AML/CFT) legislations and guidelines, including internal policies, processes and procedures
Ensure reviews/reports are being performed timely, are adequate and appropriately documented, daily resolution and reporting of legal & compliance issues in line with all applicable regulatory requirements and internal policies and liaising with the HQ as necessary
Liaison with local Regulators, Law Enforcement and other Governmental Bodies to ensure good relationships with same
Work closely with the business and other key stakeholders such as Operations and Technology to identify and mitigate the risks associated with existing and new business with emphasis on higher risk customers and transactions and attend to and where necessary, lead compliance related customer interactions and manage ad hoc compliance related projects as required.
Preserve orderly and detailed work papers, assists management with the determination of the cause(s) of violations or exceptions, recommends corrective action, conducts exit meetings with management and drafts reports of compliance findings to the Managing Director.
Conduct investigations with the business line and other staff stemming from system generated and/or external requests; analyze and investigate significant case escalations. Work cooperatively with other institutions or local, state, or federal authorities to investigate suspicious transaction activity.
Contribute to a “no surprise” compliance culture by developing and delivering compliance training programs including providing annual face-to-face training and developing and delivering any other relevant periodic targeted training to employees in the branch/cluster (new hires, transfers and existinq staff);
Raise the visibility of compliance by specifically improving the regulatory & compliance risk assessment and testing standards of the business operation
Monitor changes in relevant legislation within the regulatory environment and communicate current legislation, regulatory or legal compliance & risks issues, that might impact business operations to the Managing Director
Provide support in drafting and reviewing contracts, service level agreements, policies and process manuals for the business to ensure compliance with all legal, regulatory, and contractual requirements
Participate in contract negotiations and advise Management on all contractual arrangements
Provide timely and cost-effective legal advice on all business transactions to avoid or minimize loss and/or exposure to potential litigation and manage relationships with external solicitors, advisors and auditors
Draw up formalities for the amicable settlement of disputes and monitor the implementation of the legal clauses on contracts, service level agreements and policies
Keep custody of the Company seal and ensure security of the company’s legal documents.

Requirements

A minimum of First Degree in Law, Finance, Business Administration or related field
Minimum of 7 years’ experience in the Banking sector
Sound knowledge of Finance/FinTech industry standards and regulations
Hands-on regulatory expertise and compliance on FATCA, AML/CFT, KYC, KYB, CTR, STR, FTR, etc.

Skills & Proficiencies: