Compliance Officer

Recruiter
Africell Angola
Location
Angola (AO)
Salary
Negotiable
Posted
03 Aug 2022
Closes
02 Sep 2022
Job role
Audit, Compliance/risk, Credit control
Sector
Banking and financial services, IT/Telecoms
Contract type
Permanent
Hours
Full time
Experience level
Manager
  • Meet statutory reporting requirements in the capacity of local MLRO and Data Controller
  • Stay abreast of all relevant compliance and regulatory requirements, assess the impact of these and assess whether the business is adequately informed to prepare for changes
  • Monitor compliance to relevant laws and regulations and policies and processes, through the execution of the Company’s Compliance program
  • Promote and support a risk minimizing culture in alignment with the compliance role as the second line of defense
  • Implement standards for testing methodologies, techniques and procedures and conduct a robust quality standard program
  • Hold relevant business units accountable for the implementation of effective strategies to ensure compliance to all relevant laws and regulations and policies and processes
  • Build and maintain a compliance universe for both regulatory obligations and policies and processes, that will be used as the base for development, enhancement, monitoring and oversight over compliance requirements in this space
  • Provide input into development of new Africell policies around Risk, Fraud, AML, Ethics, and other compliance sub-functions
  • Monitor, report and guide Africell Executives on the compliance of best practice and processes, ensuring understanding of the impact of potential changes to regulations, industry, marketplace, and/or legal environment.
  • Execute compliance audit programs to determine organizational vulnerabilities and highlight risks
  • Analyze Regulatory trends and perform risk assessments to identify areas of impact. Adapt the compliance monitoring programs and company policies and processes accordingly. Assess whether the business is informed accordingly in order to proactively prepare for changes
  • Manage the departmental budget and monitor financial performance versus the budget, ensuring all departmental activities are conducted in line with the approved guidelines
  • Develop and implement initiatives and programs for predictive data analytics of mobile money transactions and Call Data Records to proactively identify non-compliance issues and ensure prompt resolution.
  • Liaise with Mobile Money Leadership to guide effective operational compliance, ensure adherence and provide guidance to mitigate and prevent fraud risk exposures.
  • Evaluate the effectiveness of existing policies and procedures, and work with business units to initiate enhancements as identified
  • Drive continuous improvement on standardization of processes across Africell’s mobile payment business leading to an improved internal control environment
  • Establish training programs on compliance, monitoring and testing requirements.
  • Report on monitoring and testing results to Compliance leadership and present reports to relevant Exco and Boards
  • Lobby and engage external stakeholders to shape and develop policy and draft legislation impacting on mobile payment licensing and compliance