Senior Corporate Compliance Officer at African Trade Insurance Agency (ATI)

The African Trade Insurance Agency (ATI) is a pan-African
multilateral financial institution established in 2001 by African
States. ATI was originally launched with the technical and
financial support from the World Bank Group and has had more recent
support from the African Development Bank. ATI has grown into a
market leader for risk mitigation in Africa, establishing itself as
Africa’s primary trade and investment insurer and one of Africa’s
largest Development Finance Institutions with an outstanding
portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Senior Corporate Compliance
Officer

Location: Africa

Job Description

• Reporting to the General Counsel, the Senior Corporate
  Compliance Officer ensures in general that ATI’s corporate affairs,
  corporate governance, underwriting and business operations are
  conducted within and in compliance with the ATI Treaty and
  constitutive documents, resolutions, underwriting operations
  manual, regulations, policies and other legal and regulatory
  requirements.
• Additionally, he or she provides advice and guidance on
  compliance matters relating to ATI’s corporate affairs, corporate
  governance and underwriting operations.
• The Senior Corporate Compliance Officer will perform in
  particular the following functions and duties under the supervision
  of the Head of Legal:
• Maintain all sections of the compliance policies and procedures
  relating to KYC (Know Your Customer);
• Review KYC documents according to the KYC policy and
  procedures;
• Keeping and maintaining records of high risk customers and
  reporting suspicious activities to the authorities;
• Arranging and implementing inspections and audits from
  third-party organizations and making compliance recommendations
  based on their findings;
• Briefing and reporting to senior management on matters relating
  to internal Anti-Money Laundering compliance policies and
  procedures;
• Developing and maintaining a risk assessment framework for
  products and services, clients and customers and other issues
  relating to money laundering;
• Assist in the overall design and implementation of the
  compliance program for ATI;
• Perform periodic compliance testing/surveillance and ensure
  successful and timely completion of the compliance program;
• Monitor the compliance of existing policies, procedures and
  practices in accordance with the ATI Treaty and Rules;
• Assist in developing and reviewing ATI’s policies and
  procedures in accordance with the Treaty, rules and best
  practice.
• Provide advice and guidance to Management and staff regarding
  new or emerging global compliance issues and market trends;
• Stay abreast of regulatory and legal developments, interpret
  and apply them across the various departments of the
  organization;
• Collaborate with heads of various Departments in establishing
  department-level-mechanisms to monitor compliance by policyholders,
  banks and reinsurers in accordance with the ATI Treaty, rules and
  best practice.
• Assist on compliance issues related to the opening of bank
  accounts, review and execution of custody and asset management
  agreements;
• Identify potential and existing risk compliance issues and
  address them appropriately;
• Develop and implement periodic training for all departments to
  insure staff awareness of potential and existing compliance matters
  and market trends applicable to ATI including but not limited to
  Anti-Money Laundering, Anti-Bribery and Fraud, Sanctions Regime and
  Code of Ethics;
• Provide timely response to ATI stakeholders on compliance
  matters related to ATI’s legal and regulatory framework;
• Undertake research work in the compliance matters related to
  ATI’s legal and regulatory framework and new development;
• Conduct regular review of ATI’s corporate compliance with
  existing policies, procedures and practices and propose amendments
  to Management;
• Perform such other duties as may be assigned from time to
  time.

Qualifications & Skills

• Undergraduate and Postgraduate Degree either in Law or in
  Business related or an appropriate field from recognized
  universities;
• Six to Eight years of experience in compliance, risk management
  and /or audit experience with a strong focus on risks and
  controls;
• Strong knowledge of the legal and regulatory framework
  applicable to multilaterals and development institutions;
• Excellent oral, interpersonal and writing skills in English.
  French will be an added advantage;
• High ethical standards, strong critical thinking and problem
  solving skills;
• Possess a versatile multi-disciplinary skill set, an ability to
  work in a multi-cultural environment, business oriented mind-set
  and analytical skills;
• Ability to work under pressure and meet urgent deadlines;
• Significant experience in drafting and carrying out research
  for the purpose of initiating, developing, implementing and
  maintaining written policies and procedures, testing and risk
  assessment programs, with limited supervision;
• Professional independence: carries out work independently with
  due care under the direct supervision of the Head of Legal,
  Corporate and ultimate leadership of General Counsel;
• IT competence in the use of standard software such as MS Word,
  PowerPoint, Excel and Internet.

Other Requirements:

• The roles requires excellent communications skills in written
  and spoken English.
• Knowledge of French and an ability to work in a multi-cultural
  environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a
  collegial working environment commensurate with other
  multilaterals.

Application Closing Date
Tuesday, 20th April, 2021 at Midnight East African Time.

How to Apply
Interested and qualified candidates should submit their
Applications, which should include an electronic copy of the
following below, to: recruitment@ati-aca.org^[1] using the Job Title
as the subject of the email.

• Application Letter
• CV, plus details of your current remuneration package along
  with details of three referees
• Personal History Form

Click Here to Download the Personal
History Form (Ms Word)^[2]

Click Here for more
information^[3]

Note

• The successful candidates must have suitable qualifications,
  experience and attributes as indicated under the job
  description.
• ATI reserves the right to not make an appointment to the above
  vacancies, or to make an appointment at a slightly higher or lower
  grade, or to make an appointment with a modified job
  description.
• ATI will only contact those applicants who are being actively
  considered for an interview.

The African Trade Insurance Agency (ATI) is a pan-African
multilateral financial institution established in 2001 by African
States. ATI was originally launched with the technical and
financial support from the World Bank Group and has had more recent
support from the African Development Bank. ATI has grown into a
market leader for risk mitigation in Africa, establishing itself as
Africa’s primary trade and investment insurer and one of Africa’s
largest Development Finance Institutions with an outstanding
portfolio exceeding US$6bn at year end 2019.

We are recruiting to fill the position below:

Job Title: Senior Corporate Compliance
Officer

Location: Africa

Job Description

• Reporting to the General Counsel, the Senior Corporate
  Compliance Officer ensures in general that ATI’s corporate affairs,
  corporate governance, underwriting and business operations are
  conducted within and in compliance with the ATI Treaty and
  constitutive documents, resolutions, underwriting operations
  manual, regulations, policies and other legal and regulatory
  requirements.
• Additionally, he or she provides advice and guidance on
  compliance matters relating to ATI’s corporate affairs, corporate
  governance and underwriting operations.
• The Senior Corporate Compliance Officer will perform in
  particular the following functions and duties under the supervision
  of the Head of Legal:
• Maintain all sections of the compliance policies and procedures
  relating to KYC (Know Your Customer);
• Review KYC documents according to the KYC policy and
  procedures;
• Keeping and maintaining records of high risk customers and
  reporting suspicious activities to the authorities;
• Arranging and implementing inspections and audits from
  third-party organizations and making compliance recommendations
  based on their findings;
• Briefing and reporting to senior management on matters relating
  to internal Anti-Money Laundering compliance policies and
  procedures;
• Developing and maintaining a risk assessment framework for
  products and services, clients and customers and other issues
  relating to money laundering;
• Assist in the overall design and implementation of the
  compliance program for ATI;
• Perform periodic compliance testing/surveillance and ensure
  successful and timely completion of the compliance program;
• Monitor the compliance of existing policies, procedures and
  practices in accordance with the ATI Treaty and Rules;
• Assist in developing and reviewing ATI’s policies and
  procedures in accordance with the Treaty, rules and best
  practice.
• Provide advice and guidance to Management and staff regarding
  new or emerging global compliance issues and market trends;
• Stay abreast of regulatory and legal developments, interpret
  and apply them across the various departments of the
  organization;
• Collaborate with heads of various Departments in establishing
  department-level-mechanisms to monitor compliance by policyholders,
  banks and reinsurers in accordance with the ATI Treaty, rules and
  best practice.
• Assist on compliance issues related to the opening of bank
  accounts, review and execution of custody and asset management
  agreements;
• Identify potential and existing risk compliance issues and
  address them appropriately;
• Develop and implement periodic training for all departments to
  insure staff awareness of potential and existing compliance matters
  and market trends applicable to ATI including but not limited to
  Anti-Money Laundering, Anti-Bribery and Fraud, Sanctions Regime and
  Code of Ethics;
• Provide timely response to ATI stakeholders on compliance
  matters related to ATI’s legal and regulatory framework;
• Undertake research work in the compliance matters related to
  ATI’s legal and regulatory framework and new development;
• Conduct regular review of ATI’s corporate compliance with
  existing policies, procedures and practices and propose amendments
  to Management;
• Perform such other duties as may be assigned from time to
  time.

Qualifications & Skills

• Undergraduate and Postgraduate Degree either in Law or in
  Business related or an appropriate field from recognized
  universities;
• Six to Eight years of experience in compliance, risk management
  and /or audit experience with a strong focus on risks and
  controls;
• Strong knowledge of the legal and regulatory framework
  applicable to multilaterals and development institutions;
• Excellent oral, interpersonal and writing skills in English.
  French will be an added advantage;
• High ethical standards, strong critical thinking and problem
  solving skills;
• Possess a versatile multi-disciplinary skill set, an ability to
  work in a multi-cultural environment, business oriented mind-set
  and analytical skills;
• Ability to work under pressure and meet urgent deadlines;
• Significant experience in drafting and carrying out research
  for the purpose of initiating, developing, implementing and
  maintaining written policies and procedures, testing and risk
  assessment programs, with limited supervision;
• Professional independence: carries out work independently with
  due care under the direct supervision of the Head of Legal,
  Corporate and ultimate leadership of General Counsel;
• IT competence in the use of standard software such as MS Word,
  PowerPoint, Excel and Internet.

Other Requirements:

• The roles requires excellent communications skills in written
  and spoken English.
• Knowledge of French and an ability to work in a multi-cultural
  environment, will be an added advantage.

Remuneration

• ATI offers a competitive salary and benefits package and a
  collegial working environment commensurate with other
  multilaterals.

Application Closing Date
Tuesday, 20th April, 2021 at Midnight East African Time.

How to Apply
Interested and qualified candidates should submit their
Applications, which should include an electronic copy of the
following below, to: recruitment@ati-aca.org^[1] using the Job Title
as the subject of the email.

• Application Letter
• CV, plus details of your current remuneration package along
  with details of three referees
• Personal History Form

Click Here to Download the Personal History Form
(Ms Word)^[2]

Click Here for more
information^[3]

Note

• The successful candidates must have suitable qualifications,
  experience and attributes as indicated under the job
  description.
• ATI reserves the right to not make an appointment to the above
  vacancies, or to make an appointment at a slightly higher or lower
  grade, or to make an appointment with a modified job
  description.
• ATI will only contact those applicants who are being actively
  considered for an interview.