Vice President Compliance
Vice President Compliance
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Job Description
Our Client is the largest and the first licensed on/offramp platform for stablecoins in Africa. They are dedicated to offering innovative solutions in the African stablecoins space. Our client is committed to making stablecoins accessible and understandable for everyone providing their customers with secure and userfriendly platforms for their financial transactions.
Role Overview
As the VP of Sanctions Compliance for our client you will assume a pivotal position in ensuring their Groups adherence to regulatory and statutory requirements across all areas of operation. Your expertise will play a key role in shaping and strengthening their compliance practices on a global scale. You will provide technical advice undertake compliance reviews/risk assessments develop policies and devise procedures and monitoring controls to help the Group comply with relevant laws regulations and regulatory reporting licensing requirements across its worldwide operations.
Job Type: Full Time/Permanent
Workplace: Remote
Requirements
- University degree compliance specifically Sanctions and risk management certifications banking financial services Fintech Digital and cross border payments or another relevant field
- 10 years of experience in a compliance role.
- Strong knowledge of OFAC reporting requirements and experience filing Sanctions & Terror Reports dealing with and managing regulatory exams and internal audits
- Deep understanding of corporate governance antimoney laundering (AML) investment and/or payment services regulations crypto asset regulatory frameworks and other relevant legislation
- Experience in dealing with regulatory bodies.
- Solid understanding of legal and AML/CFT and antibribery and corruption compliance requirements and controls.
- Excellent spoken and written English communication skills.
Responsibilities
- Anticipate challenges and implement solutions in order to manage the expectations.
- Manage a team of Sanctions Compliance analysts who focus on regulator driven and internally developed sanction watch lists. The team conducts investigations into potential sanctions concerns including searches of transactions digital assets and reviews referrals looking for designated highrisk subjects and sanctioned transactions.
- Create a collaborative compliance framework and foster collaboration by liaising with Global Chief Compliance Officer and our Compliance teams worldwide. Through an aligned and holistic compliance framework you will help strengthen our global compliance efforts and ensure consistency.
- Engage with Sanctions regulatory authorities and act as a point of contact and build relationships with Sanctions regulatory authorities and industry standards organisations as necessary.
- Assist in the development of regulatory and internal audit responses/materials and participate in internal audit and regulatory exams.
- Manage sanctions global governance forum/committee prepare and review materials submitted by Lines of Business and perform followup with key stakeholders as required.
- Work with the Global Financial Crimes Compliance partners and thirdparty training partner(s) to develop and review sanctions training materials and provide training to relevant teams.
- Review selfidentified issues perform check and challenge of reported details and track remediation plans and monitor deadlines with relevant issue owner(s).
- Update the sanctions risk assessment sanctions country risk rating methodology and review/finalize the comprehensive qualitative writeup.
- Perform strategic Compliance monitoring planning and reporting: Develop and implement strategies for monitoring compliance and conducting audits reviews and action plans.
- By creating and revising the annual Sanctions compliance work plan you will ensure our practices efficiently align with evolving regulatory requirements.
Your challenges Guide compliance excellence:
Help steer our clients business by providing comprehensive compliance guidance and ensuring a deep understanding of applicable legislation for the Group and its subsidiaries. Your insights will be instrumental in aligning their operations products and services with regulatory standards.
Navigate regulatory changes: Stay vigilant and monitor new and proposed changes in standards legislation and regulatory notifications. By promptly updating internal policies and procedures you will ensure the Group remains ahead of the compliance curve.
Mitigate compliance risks: Identify and assess potential compliance risks strategize on effective mitigation measures and share detailed risk reports. Your expertise will enable us to proactively address compliance and regulatory challenges safeguarding the Groups reputation.
Benefits
- Marketbased salary
- Annual performance bonus and employee benefits
Remote Work :
No
Employment Type
Full Time
