Chief Compliance Manager

Job Summary

• The Chief Compliance Manager plays a strategic leadership role in safeguarding Rosabon Financial Services’ integrity and reputation through effective compliance management.
• This position is responsible for developing, implementing, and overseeing the organization’s compliance framework, ensuring adherence to applicable laws, regulations, and internal policies.
• The Chief Compliance Manager serves as a trusted advisor to executive management and the Board on compliance and regulatory matters, fostering a culture of ethical conduct, transparency, and accountability across the organization.
• This role is pivotal in ensuring that Rosabon’s operations align with regulatory expectations and industry best practices, supporting the company’s mission of sustainable growth and operational excellence.

Core Responsibilities
Governance and Oversight:

• Develop, implement, and maintain a comprehensive compliance framework, policies, and procedures.
• Advise the Board and Executive Management on compliance obligations, risks, and emerging regulatory issues.
• Ensure the independence and authority of the compliance function within the organization.
• Chair or actively participate in Risk & Compliance Committee and Audit Committee meetings.
• Oversee compliance reporting and provide assurance on adherence to internal and external requirements.

Regulatory Compliance:

• Ensure adherence to all relevant local and international regulations, including but not limited to:
• - CBN, NDIC, SEC, and EFCC guidelines.
• - Data protection regulations (NDPR and GDPR, where applicable).
• Oversee timely preparation and submission of all regulatory filings, reports, and correspondences.
• Maintain professional relationships with regulators, auditors, and law enforcement agencies.
• Track and interpret new or amended regulations, ensuring internal processes are updated accordingly.

Risk Management:

• Identify, assess, and monitor compliance and operational risks across all business units.
• Develop and maintain a comprehensive Compliance Risk Register.
• Collaborate with Internal Audit and Enterprise Risk Management teams to align risk controls, audits, and testing processes.
• Recommend corrective actions to mitigate identified compliance gaps.

Training and Culture:

• Design and conduct regular compliance training and certification programs for employees.
• Promote a “speak-up” culture through effective whistleblowing and ethics mechanisms.
• Embed compliance awareness in business processes, policies, and performance objectives.
• Drive behavioral change initiatives to strengthen the organization’s compliance culture.

Monitoring and Reporting:

• Establish and maintain continuous monitoring mechanisms for transactions, employee conduct, and processes.
• Conduct compliance audits, internal investigations, and reviews of business operations.
• Report key compliance metrics, findings, and remediation actions to management and the Board.
• Track and ensure closure of audit and regulatory findings within agreed timelines.

Anti-Fraud / AML / CFT:

• Oversee Know Your Customer (KYC) procedures, due diligence, and suspicious transaction reporting.
• Develop and maintain fraud detection and response frameworks.
• Coordinate with Internal Audit, Risk, and external law enforcement on investigations.
• Ensure compliance with Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) obligations.