Compliance Manager at HR-WIT

Role Summary

Our client is seeking a Compliance Manager to join their expanding team and ensure that operations fully align with PenCom guidelines and other regulatory requirements. The successful candidate will be responsible for ensuring the organization's operations, processes, and reporting adhere to regulatory requirements as set by the National Pension Commission (PenCom).

This role ensures the company maintains strong internal controls, manages compliance risks effectively, and promotes a culture of compliance and ethical conduct within the pension industry framework.

Key Responsibilities

• Monitor and ensure compliance with the Pension Reform Act, PenCom guidelines, circulars, and other applicable laws and regulations
• Develop, implement, and maintain internal compliance policies, frameworks, and procedures
• Conduct regular compliance risk assessments and ensure effective compliance monitoring programs are in place
• Review and monitor investment activities, contributions, benefit payments, and record-keeping for regulatory compliance
• Prepare and submit compliance reports to PenCom and the Board of Directors within stipulated timelines
• Liaise with regulators and external auditors on compliance and regulatory matters
• Provide compliance advisory services to management and staff on regulatory updates and industry practices
• Organize compliance training and awareness programs for employees
• Investigate and resolve compliance issues, escalating breaches or potential violations promptly
• Maintain accurate compliance documentation, including registers of breaches, complaints, and regulatory correspondences

Qualifications & Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, Economics, or related field
• Minimum of 6 years of relevant experience
• Professional certification such as ICAN, ACCA, or compliance-related certification (advantageous)