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Head, Compliance at Radix Pension Managers Limited

Radix Pension Managers Limited is a licensed Pension Fund Administrator by the National Pension Commission. On February 15, 2017, Radix Capital Partners Limited, a Securities and Exchange Commission licensed investment banking firm acquired majority share interest in IGI Pension Fund Managers Limited, a company previously owned by IGI Plc.
Further to this acquisition, a new Board of Directors and executive management team was constituted to lead the company.
We are currently sourcing for a suitable candidate to head our Compliance Department.JOB SUMMARY:
Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.
KEY RESPONSIBILITIES:

Ensure compliance with the provisions of the Pension Reform Act 2014
Ensure compliance with any other relevant law(s) of the land, which affects the Company's business
Ensure compliance with the guidelines and pronouncements of the National Pension Commission, which may be issued from time to time
Liaise with the Internal Control Department in making sure that the rules, regulations and procedures of the Company are strictly adhered to
Maintain record of compliance and non-compliance with the provisions of the Pension Reform Act 2014 and the rules, regulations, procedures of the Company
Liaise with National Pension Commission (PENCOM) with regards to any matter which in the opinion of the Commission will enhance compliance of the Company with the provisions of the Act and guidelines issued thereto
Assist staff in carrying out their routine assignments correctly, effectively and efficiently
Prepare and render returns to PENCOM as stated in the Act and as may be required by the Commission from time to time
Prepare and provide for Management, monthly and quarterly reports and information on the activities of the Compliance Department
Carry out a monthly compliance audits covering all operational areas
Continuously monitor and ensure implementation of existing and new regulations, codes, rules and guidelines, as may be issued from time to time by the Commission
Review and monitor corporate/investment activities and policy initiatives, with a view to compliance in accordance with the provisions of the PRA 2014
Ensure appropriate levels of confidentiality and discretion are maintained throughout the compliance monitoring processes
Ensure full disclosure and reporting of violations to appropriate authorities, including the Commission
Organize compliance awareness programme twice a year to promote a positive compliance attitude and culture within the company.
Ensure that all investments and other operational transactions comply with all relevant legislations, regulations and policies through appropriate control systems in order to minimize and mitigate risks
Ensure that information given to customers are clear, straight-forward and not misleading
Ensure that appropriate remedial or disciplinary action is taken, if breaches are identified
Carry out daily risk tolerance exposure review on all funds under management and advice investment team accordingly
Advice Management on compliance issues and keep them informed on developments in this area
Monitor regulatory changes and ensure the dissemination of regulatory updates of regulations, rules or guidelines and periodic compliance changes to concerned offices/officers.
Follow up on all relevant departments to ensure monthly/quarterly returns are rendered to the Commission on or before 10th of the succeeding month
Prepare monthly and quarterly compliance reports to the Management, Board and the Commission

PROFESSIONAL QUALIFICATIONS:

A minimum of first degree or its equivalent in numerate or semi-numerate disciplines such as actuarial sciences, statistics, mathematics, accounting, economics, banking, finance, insurance, law and business studies and other related courses
An acceptable professional qualification from any relevant professional organization
A minimum of 10 years post qualification experience of which at least 8 years must have been in the financial sector and 4 years in a supervisory role

KEY SKILLS REQUIRED:

Technical acumen
Problem-solving and decision-making abilities
Analytical skills and a good eye for detail
Planning and organisation skills
Commercial awareness
Numerical skills and the ability to evaluate costs
The ability to understand broad business issues
The ability to cope under pressure
Negotiation skills and the ability to influence people
Good communication and presentation skills

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