Job Description

The Chief Compliance Officer (CCO) reports to the CEO and is responsible for ensuring that the Pension Fund Administrator (PFA) operates in full compliance with the regulations and guidelines set by the National Pension Commission (PenCom) and other relevant regulatory bodies. The role is critical in establishing compliance frameworks, monitoring regulatory developments, and mitigating risks associated with non-compliance. The CCO plays a key role in maintaining the integrity of the PFA’s operations, ensuring ethical conduct, and fostering a compliance-driven culture across the organization.

Key Expectations of the Role:

• Develop, implement, and oversee compliance programs in line with PenCom regulations and industry best practices.
• Ensure the PFA adheres to all regulatory requirements, including pension fund management, investment guidelines, reporting obligations, and anti-money laundering policies.
• Conduct periodic compliance audits and risk assessments to identify and mitigate potential regulatory breaches.
• Serve as the primary liaison between the PFA and regulatory bodies, ensuring timely responses to regulatory inquiries and examinations.
• Develop and implement training programs to promote compliance awareness among employees at all levels.
• Monitor and analyse regulatory changes and provide recommendations to management on necessary operational adjustments.
• Ensure that all client interactions, marketing activities, and business operations align with legal and ethical standards.
• Report compliance breaches and recommend corrective actions to the Board and Executive Management.

Expected Competencies

• A minimum of a Bachelor's degree in Law, Finance, Accounting, Business Administration, or a related field. A Master’s degree or professional certification (CFE, ACA, ACCA, CFA) is an added advantage.

• Minimum of 10 years of relevant experience, with at least 8 years in the financial services industry and 4 years in leadership roles within the financial services industry
• Preference will be given to candidates with experience as a Head of Unit/Department within the pension industry

• Strong understanding of the Nigerian pension regulatory framework, financial sector laws, and corporate governance requirements.
• Proven ability to develop and implement compliance policies, procedures, and monitoring systems.
• Excellent analytical skills, with the ability to assess regulatory risks and provide strategic compliance guidance.
• Strong communication and stakeholder management skills, with experience in engaging with regulators and external auditors.
• High ethical standards, attention to detail, and the ability to foster a compliance-driven organizational culture.