Job Description
Temple is a leading firm in the investment banking sector in Ghana, committed to delivering innovative financial solutions in capital markets, fund management and private equity to our clients. We operate at the forefront of
investment banking, and we are committed to maintaining the highest standards of compliance and risk management. Our team is at the heart of our success, and we are currently seeking a Risk and Compliance Officer to help us continue to meet our commitments to our clients and regulatory bodies.
Role and Responsibilities
As a Risk and Compliance Officer, you will play a critical role in ensuring that Temple operates within all regulatory frameworks and internal policies. You will be responsible for developing, implementing, and monitoring risk management and compliance programs within Temple. This role involves identifying and assessing risks, ensuring compliance with regulatory requirements, and implementing controls to mitigate risks effectively as well as ensuring compliance with local, national, and international laws and regulations.
Key Responsibilities:
1. Risk Management:
- Conduct risk assessments and gap analyses to identify vulnerabilities and potential areas of exposure.
- Develop risk mitigation strategies and action plans to address identified risks, working closely with relevant stakeholders.
- Monitor and evaluate the effectiveness of risk controls and mitigation measures, adjusting strategies as needed to manage emerging risks.
2. Compliance Management:
- Ensure compliance with relevant laws, regulations, standards, and industry best practices applicable to the Temple’s operations.
- Develop and maintain compliance policies, procedures, and guidelines to promote adherence to regulatory requirements.
- Conduct regular compliance reviews and audits to assess adherence to policies and identify areas of non-compliance.
- Provide guidance and training to employees on compliance matters, including ethics, anti-corruption, anti-money Laundering, data privacy, and regulatory requirements.
3. Regulatory Reporting:
- Prepare and submit regulatory reports and filings in accordance with regulatory deadlines and requirements.
- Monitor changes in regulatory requirements and communicate updates to relevant stakeholders.
- Coordinate with regulatory agencies and external auditors during regulatory examinations and audits, providing necessary documentation and support.
- Handle communication with regulatory bodies and facilitate external audits and inspections.
- Report to the board on current risk exposures and compliance issues; recommend solutions.
- Stay updated with changes in the regulatory environment and advise on adaptation to these changes.
4. Internal Controls:
- Establish and maintain internal controls to prevent fraud, errors, and non-compliance with policies and regulations.
- Design and implement control frameworks, including segregation of duties, access controls, and monitoring mechanisms.
- Conduct periodic reviews and assessments of internal controls to ensure effectiveness and compliance with established standards.
- Develop, implement, and maintain internal compliance policies and procedures..
5. Stakeholder Engagement:
- Collaborate with internal stakeholders, including senior management, finance, and operations teams, to promote a culture of compliance and risk awareness.
- Serve as a subject matter expert on risk and compliance matters, providing guidance and support to business units and functional areas.
- Build relationships with external stakeholders, including regulators, industry associations, and professional organizations, to stay abreast of regulatory developments and best practices.
- Educate and train employees on regulations and industry practices, including anti-money laundering (AML) and data protection laws.
Qualifications
- Bachelor’s degree in Business Administration, Finance, Law, or related field. Advanced degree or professional certification in Compliance preferred
- Proven experience in risk, compliance, or related roles within. A proven experience in a risk management and compliance role, ideally within the financial services industry or other regulated industry.
- Ghana Securities Industry Course and Data is a mandatory requirement
- Data protection certification
- Strong knowledge of relevant regulations, such as AML/KYC, DPA, and industry-specific regulations.
- Experience with risk management software, compliance management systems, and data analytics tools is a plus.
Skills
- Strong knowledge of the financial regulatory environment, including but not limited to SEC regulations and compliance best practices.
- Experience with ESG (Environmental, Social, and Governance) compliance.
- Excellent attention to detail, analytical and problem-solving skills.
- Ability to work independently and as part of a team.
- Strong interpersonal and communication skills, with proficiency in explaining complex regulations.
- Detail-oriented with a proactive approach to identifying and resolving issues.
- Ability to manage multiple projects in a fast-paced environment
- Strong organizational and time management skills.
- Collaborative team player with an entrepreneurial spirit.
Why Join Temple?
- Competitive Salary and Benefits: We offer a competitive salary package and comprehensive benefits.
- Career Development: Opportunities for professional growth and advancement in a supportive and dynamic environment.
- Impactful Work: Play a key role in shaping the financial strategies of businesses in Ghana and beyond.
- Collaborative Culture: Be part of a diverse, inclusive, and collaborative work environment that values innovation and creativity.
Method of Application
Kindly email your cover letter and resume to [email protected] with the following subject line “Risk and Compliance Officer”.
Deadline for Application: May 8th, 2024.
We appreciate all applicants for their interest in joining Temple, however, only selected applicants will be contacted.