Role Summary

• Our client is sourcing for a Compliance Manager to join thier team and ensure that their operations fully align with the 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).
• The 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.

Job Responsibilities

• Monitor and ensure compliance with the Pension Reform Act, PenCom guidelines, circulars, and other applicable laws/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.
• Professional certification such as ICAN, ACCA, or a compliance-related certification is an added advantage.
• Minimum of 6 years’ relevant experience in compliance, risk management, or audit within the pension industry (PFA or PFC).
• Sound knowledge of the Pension Reform Act 2014 and PenCom guidelines.
• Strong analytical, investigative, and problem-solving skills.
• Excellent communication, report writing, and presentation skills.
• High ethical standards and attention to detail.

Key Competencies:

• Regulatory knowledge (pensions).
• Risk & compliance monitoring.
• Policy development & enforcement.
• Stakeholder engagement.
• Problem-solving & advisory skills.