Compliance Manager West Africa - Corporate and Institutional Clients at Standard Chartered Bank Nigeria

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer.
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Standard Chartered Bank Nigeria is recruiting to fill the position of:

Job Title: Compliance Manager West Africa - Corporate and Institutional Clients
Job ID: 441725

Location: Nigeria - SCB
Job Function: Legal & Compliance

Job Description

• The role holder advises and oversees the CIC business with respect to its management of regulatory and reputational risk for West Africa.
• Compliance of the Corporate and Institutional Clients (“CIC”) segment, through the development of an overall strategy across CIC for delivering appropriate regulatory guidance, and the establishment of an integrated programme to identify, manage, monitor, and report Compliance risk.
• Support the Group and function’s refreshed strategy, One Bank commitment and strategic aspirations, including raising the bar on conduct, promotion of global standards and demonstrating we are Here for good, with a dedicated focus on the CIC segment.

Key Roles & Responsibilities

• Supporting CIC in the region, and representation of L&C to CIC business management.
• Ensure close links with the central CIC L&C team, raising relevant issues, including material transactions, conduct/fair accountability issues, people issues and business feedback. Work with the central team to deliver global initiatives to the region.
• Maintain close relationships with CIC leadership in the region, assisting Regional Head of L&C CIC, FCC, Control Room and L&C product teams to interface with and support such stakeholders.
• Support the Regional Head of L&C in promoting, leading and managing the culture and practice of compliance with legal and compliance standards (including conducting business to high ethical principles) within CIC and embed a Here for good culture and the Group Code of Conduct. This may involve assisting management of the local regulatory relationship.
• Support Product L&C in delivering products and transactions to regional CIC clients in an appropriate and compliant manner, promoting the culture and practice of global standards, while managing local requirements.
• Establish close links with your L&C segments colleagues in the region to achieve common platforms and work plans, implementing a One Bank approach to covering all Clients, particularly the Commercial Clients segment.
• Support Heads, L&C CIC in delivery of a programme to increase L&C functional awareness of business strategy, together with CIC focus areas such as establishment of the regional Middle Office teams, management of cross border lending, balance sheet and capital efficiency, and client selection.
• Ensure that the tasks set out in this Job Description are performed in the region. This will involve delegation depending on how resource is split between CIC Legal, CIC Compliance, and potentially working with the Regional Head, L&C on allocating to other L&C colleagues.
• Controls development and implementation
• Develops Compliance policies and procedures applicable to West Africa WB, particularly as they relate to existing or anticipated regulatory requirements.
• Assists in the development and enforcement of product standards and controls.
• Works collaboratively with the business, Country Compliance and Operational Risk in the LKCSA and BKCSA process, including lending expertise to Country Compliance as they complete the Control Book, Compliance Monitoring Reviews, RRMI and other Country responsibilities.
• Ensures appropriate documentation of controls and control decisions.
• Training
• Actively participates in the delivery of a program of activities that educates and encourages business managers and staff to operate in compliance with relevant laws, regulations and policies, with particular focus on embedding the key concepts of Appropriateness & Suitability, Managing Conflicts of Interest, and Cross-border Compliance.
• Provides ad-hoc additional training as and when appropriate.
• Assists in the development of an effective internal business compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance.
• Provides product-specific training to local specialists.
• Distributes knowledge on “lessons l

Qualifications & Skills

• Minimum of a second class degree in law, accounting or similar field
• Substantial experience (in excess of 12 -15 years’ relevant practice) in legal or compliance and regulatory risk management.
• Substantial experience in the banking industry, including demonstrated success in a similar role.
• Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, proven record of relationship building with a spectrum of stakeholders, excellent and multi-cultural awareness and sensitivity.
• Strategic vision for the function.
• Sound understanding of the principles of financial crime Compliance, and the Bank’s AML and sanctions controls.
• Advanced leadership and management skills. Strong leadership qualities and demonstrated success in the ability to effectively manage and lead large and geographically dispersed legal and compliance teams across a complex financial institution.
• Advanced knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting. Able to prioritise and manage multiple tasks in a high pressure environment.
• Technical knowledge of laws and regulations relevant to the CIC business with advanced ability to analyse the same and co-relate regulatory issues to products and business models. Track record of good judgment enabling the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of legal, regulatory and reputational risks.
• In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required
• Diversity & Inclusion
• Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Application Closing Date
No Stated

How to Apply
Interested candidates should
Click here to apply