Duties and Responsibilities :
Ensure that the CEO and relevant stakeholders are provided with updates and reports on a regular basis, where necessary
Handling Internal and External queries and reports pertaining to asset risks
Actively identify, grow and leverage key regulatory / licensing relationships and knowledge to ensure compliance and governance according to company policy and local legislation as a minimum.
Ensure great care, attention to detail, due diligence and the necessary approval from the CEO or designate is received for all new agreements prior to authorize signature.
Assess the business’s future ventures to identify possible compliance risks
Verification of service contracts and whether these are compliant with local legislations (whether these are professionally insured, back-to-back liabilities covered or not, business operation licenses in place, building requirements)
Developing, overseeing, and evaluate control systems to prevent or deal with violations of legal guidelines and internal policies
Working in collaboration with Finance concerning compliance with IFRS reporting standards
Conducting Risk Profiling Assessment and Investigations on Companies and Clients.
Screen, identify and verify the background of the Client, the Country’s laws and regulations involved in accordance with the relevant Anti Money Laundering (AML) legislation
Assist in developing, implementing and maintaining internal systems and controls to help detect, monitor and report money laundering activities to the authorities so as to ensure that the company is not exposed to criminal risk, and does not inadvertently facilitate financial crime.
Developing and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering.
Managing the Know Your Customer and Customer Due Diligence for all the companies and ensuring that all documents are in order and ensuring compliance with international legislations such Anti Money Laundering (AML / Comparing the Financing of Terrorism (CFT) regulations per country
Leading in training and educating employees on the importance of following the relevant legislative and regulatory requirements.
These include an explanation of the regulations, 1 the promotion of best practice and keeping staff up to date with changes in the different country laws
Uphold the ethical integrity of the organization and also ensure that business activities are conducted using a regulatory framework
Conduct internal audits and reviews at regular intervals to ensure that compliance procedures are regularly followed and that appropriate corrective actions are identified and closed out