Vacancy title:
Corporate Governance Officer
Jobs at:
Mayfair CIB Bank LtdDeadline of this Job:
17 May 2022
Summary
Date Posted: Friday, May 13, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Role Description:
Reporting to the Corporate governance manager, the successful candidate will be responsible for maintaining a robust governance framework within the bank and monitoring adherence to governance-approved policies, ethical standards, and controls. He/She will also support the Corporate governance manager in ensuring that the bank complies with all applicable governance rules and regulations in order to avoid any adverse regulatory actions, reputational damage, or legal ramifications as a result of non-compliance.
Key Duties & Responsibilities:
• Remain up to date on governance regulatory laws and regulations and recommend amendments to policies and procedures accordingly.
• Review job descriptions versus department guides and make sure that department guides comply with both the approved job description and the organisation chart.
• Ensure that no duplication of responsibilities or duties exists between different departments and that proper segregation of duties is in place for all positions.
• Ensure that reporting lines in different departments are aligned with the department scope and are not conflicting with the department objectives.
• Conduct appropriate analysis and support in the pre-approval process for instances that result in or may result in a conflict-of-interest situation, such as staff outside business activities, staff relatives, gifts, etc., and ensure appropriate mitigation controls are in place as mandated by the conflicts of interest policy.
• Investigate all instances of misconduct, deviations from the applicable governance policies, and producers that have been detected or reported, and follow up on remedial action.
• Obtain facts and information that support the corporate governance manager and the Chief Compliance Officer in solving conflicts of interest when evident.
• Implement approved department policies, processes, and procedures and monitor adherence so that work is carried out in a controlled manner.
• Contribute to the preparation of governance periodic reports to the senior management, the board's relevant committees, and components of the bank's annual report.
• Provide training and advice to all employees on the applicable governance policies, ethical standards, and their roles and responsibilities.
• Perform other duties as assigned by the departmental head or his/her designate.
Key Competencies:
Demonstrated knowledge and experience with;
• A minimum of five (5) years’ experience in compliance in the banking sector with a good understanding of governance, risk management, and banking operations
• Knowledge of corporate governance regulations and applicable laws.
• Experience within the control areas will be of added value.
• Excellent interpersonal and communication skills
• Ability to manage conflict and deal with pressure in a positive manner.
• Ability to evaluate different, complex situations and make appropriate and timely decisions.
• Ability to draught policies, procedures, and report on findings.
Qualifications /Technical Skills Required:
• Minimum of bachelor’s degree in business, economics, or a related field
• Proficiency in Microsoft Office Suite.
• Dynamic, detail oriented and self-driven individual with the ability to work under pressure.
• Demonstrate high integrity and ethical standards.
• A Critical thinker with problem solving skills
• A team-oriented individual
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Use the link(s) below to apply on company website.
• Corporate Governance Officer– Compliance
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