Compliance Manager at CPF Consulting

Job purpose:

The Manager, Compliance, also serving as the Data Protection Officer (DPO), and Money Laundering Reporting Officer (MLRO), is responsible for managing CPF Group’s comprehensive compliance, data protection and anti-money laundering programs. This role ensures the organization’s adherence to regulatory and ethical standards across these domains, fostering a culture of compliance, risk awareness and data privacy throughout the organization

The Manager will work closely with cross-functional teams, regulatory authorities, and stakeholders to mitigate compliance risks and protect CPF Group’s integrity and data. This role reports directly to the Audit, Risk and Governance Committee of the Board and administratively to the Group Managing Director/CEO.

Key duties and responsibilities:
Compliance Program Management:

• Develop, implement, and maintain a robust compliance program to ensure adherence to relevant regulations, internal policies and industry standards.
• Monitor regulatory changes, assess their impact on operations and update policies and procedures accordingly.
• Act as the primary liaison with regulatory bodies for compliance-related matters, ensuring submission of reports, disclosures and inquiries.

Anti-Money Laundering (AML) Responsibilities:

• Design and implement an effective AML and counter-terrorism financing (CTF) framework in accordance with local and international regulations.
• Conduct regular AML/CTF risk assessments and develop actin plans to mitigate identified risks.
• Manage AML investigations, including gathering and analyzing relevant information and preparing suspicious activity reports (SARS).
• Lead AML investigations programs to increase awareness and educate employees on antimoney laundering practices and red flags.

 Data protection (DPO)Responsibilities:

• Ensure CPF Group’s full compliance with data protection regulations, such as per the Data Protection Act 2019.
• Develop and enforce data protection policies, conducting regular audits to ensure effective data governance.
• Oversee data processing activities and maintain a record of processing activities (RoPA) to safeguard personal data.
• Act as the contact point for the Group on all data privacy matters managing data subject access requests (DSARs) and potential data breaches.
• Money Laundering Reporting Officer (MLRO) Responsibilities:
• Serve as the designated MLRO, overseeing the organization’s reporting obligations on money  laundering and terrorism financing.
• Review and submit suspicious activity reports (SARs) to the relevant authorities within required timelines.
• Keep up-to-date with developments in financial crime prevention, ensuring CPF Group’s policies remain aligned with current best practices.
• Establish and maintain appropriate controls and reporting mechanisms for the timely detection and reporting of suspicious transactions.

Training and Awareness.

• Develop and execute a comprehensive compliance training program covering AML, data protection and regulatory compliance.
• Conduct regular awareness sessions and refresher courses for employees on compliance obligations, ethical standards and privacy regulations.
• Coordinate with department heads to ensure that team-specific compliance issues are addressed effectively.

Reporting and Documentation:

• Prepare and present regular compliance, AML, and data protection reports to senior management, highlighting key compliance risks, audit findings and recommended actions.
• Maintain accurate documentation of all compliance-related activities, including audits, investigations, risk assessments and training records.

Knowledge, experience, and qualifications required

Academic and Professional Qualifications/Memberships to professional bodies:

• Bachelor’s Degree in Law, Business Administration, Finance or related field.
• Advanced certifications such as Certified Anti-Money Laundering Specialist (CAMS), Certified Information Privacy Professional (CIPP), or related certifications.
• Master’s degree in Law, Business Administration, Finance or Related field will be an added advantage.

Experience Required:

• Minimum of 8 years of experience in compliance, AML, data protection, or financial crime prevention, ideally in a similar industry.
• Demonstrated experience in managing compliance frameworks regulatory reporting and data privacy programs.

Role Competencies

Technical Competencies:

• Strong knowledge in AML regulations, data protection laws and financial crime prevention.
• Excellent analytical and investigative skills with attention to detail in identifying and assessing risks.

Behavioral Competencies:

• Strong leadership and communication skills, with the ability to collaborate effectively across departments.
• High ethical standards and the ability to handle confidential information with integrity