Job Summary

To support the Risk & Compliance function in identifying, assessing, monitoring, and reporting risks across the business; ensure adherence to regulatory requirements, company policies, and internal control standards; and promote a culture of compliance and good governance within Noor Takaful.

Responsibilities

Risk Management Functions

• Assist in maintaining and updating the organisation’s risk register.
• Conduct periodic Risk and Control Self-Assessments (RCSA) with business units.
• Support in Monitoring Key Risk indicators (KRIs) and escalating breaches or exceptions.
• Participate in incident reporting and follow-up of remediation actions.
• Assist in preparing risk management and Compliance reports for management and Board committees.

Compliance Functions

• Monitor compliance with regulatory requirements (e.g., NAICOM, NDPC, CBN, SEC as applicable).
• Assist in preparing and filing regulatory returns within stipulated timelines.
• Support in policy and procedure reviews to ensure alignment with regulations and best practices.
• Track implementation of compliance recommendations from audits, inspections, and regulatory exams.
• Conduct basic compliance monitoring checks on core business activities (e.g., underwriting, claims, data protection, AML/CFT)

Key Relationships

• Internal: All business departments, Internal Audit, Legal, Finance, IT.
• External: Regulators (e.g., NAICOM, NDPC), consultants, auditors.
  

Data Protection and Confidentiality

• Uphold the highest standards of confidentiality in handling company-related information, ensuring compliance with data protection laws and internal policies.
• Adhere to the company’s information security guidelines, including proper storage, transmission, and disposal of sensitive materials.
• Promptly report any suspected data breaches or unauthorized access to the appropriate company authority.
• Participate in periodic data protection training to stay informed about evolving security risks and best practices.

General Assignment

• Execute any other duties and tasks that may be designated or assigned by the Company.
• Participate in the knowledge sharing programme of the department and the companyTo provide supports to your manager, Managing Director and Vice Chairman as may be
  required towards serving the Board, Management and staff members.

Qualification

Education

• Bachelor’s degree in Accounting, Finance, Business, Economics, or related
  discipline.

Experience

• Minimum 3 years’ experience in risk management, compliance, internal audit, or
  related function.
• Basic knowledge of regulatory frameworks (e.g., NAICOM Guidelines,
  NDPA 2023/NDPC directives, AML/CFT laws).
• Knowledge of Microsoft Office (Excel, Word, PowerPoint).

Skills and Competencies

• Strong analytical and problem-solving skills.
• Attention to detail and ability to work with data.
• Good communication and report-writing ability.
• Integrity, confidentiality, and sound judgment.
• Willingness to learn and develop professionally (certifications like CISA, ISO 31000, ICAN, CFE, related courses are an advantage).

KPIs and Performance Metrics

1. Risk Identification & Assessment
2. Risk Mitigation Implementation: Ensure 80% completion rate of recommended risk mitigation actions.
3. Regulatory Compliance: Ensure 100% adherence to risk and internal control policies.
4. Timeliness of Reports: Submit all assigned control and risk reports before deadlines.

Kindly send your resume to hr@noortakaful.ng