Executive Head of Department - Compliance (Internal/External) at Safaricom Telecommunication Ethiopia

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Executive Head of Department - Compliance (Internal/External)

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Employer: Safaricom Telecommunication Ethiopia

Employment: Full-Time | Permanent

Place of Work: Addis Ababa, Addis Abeba - Ethiopia

Posted date: 1 year ago

Deadline: Submission date is over

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Role purpose: The role holder will be responsible for establishing and maintaining a robust compliance framework to ensure that Safaricom Ethiopia is compliant with all applicable laws, regulations, and rules; and all company policies, codes, and standards; and to implement adequate systems and processes to monitor and enforce compliance.

Key accountabilities and decision ownership:

• Institutionalize and manage the implementation of compliance standards across Safaricom Ethiopia.
• Assist and oversee the implementation of effective systems and processes to ensure compliance with all laws and regulations, policies, rules, and codes and industry standards.
• Oversight of the Legal and Policy Universe for Safaricom Ethiopia
• Implement, enforce, and conduct periodic reviews of the Anti-bribery, Trade Control Economic Sanctions, Privacy, Anti-money laundering, MPESA and ESG programs across Safaricom Ethiopia.
• Coordinate ESG initiatives across Safaricom Ethiopia both horizontally between ESG pillars and business units and vertically across hierarchical levels up to the CEO and Board
• Reporting ESG activities to the CEO and Board and communicating with all key Stakeholders
• Assist in the implementation of the Trust by Design methodology and ensure that all controls are periodically reviewed and closed within the timeframes set by Safaricom Ethiopia.
• Monitor developments in the legal and regulatory and governance environment and keep abreast of new policies and legislation as well as changes to existing legislation
• Perform compliance risk assessments and develop compliance risk management plans for all high-risk legislation
• Provide training and advice on compliance-related matters.
• Monitor, review and enforce compliance with all Safaricom Ethiopia Policies; laws and regulations; rules, codes and industry standards.
• Liaise with applicable stakeholders to ensure an integrated approach to legal and policy compliance management.
• Preparation of reports to various audit, risk and compliance, as well as social and ethics, committees.
• To liaise with other Safaricom Ethiopia departments and Subject Matter Experts (SME) to ensure compliance risks are identified and mitigation controls are implemented by the business.
• To maintain expert knowledge within the field on current legislation, risks, technology and industry best practices.
• To prepare the required report packs for, the RMC, the Audit Committee and Safaricom Ethiopia’s Financial and Risk Review Committees.
• To undertake other projects as required under the control of the Chief Legal and Risk Officer.

Core competencies, knowledge, and experience:

• Experienced compliance professional who understands compliance, risk and operational frameworks in a fintech or financial services environment
• Ability to prioritize, multi-task and be comfortable with a changing environment and work well under pressure.
• Planning, problem-solving, conflict and, relationship management skills combined with the ability to work in virtual and global teams in a matrix.
• Strong interpersonal, communication and presentation skills (written and verbal)

Must have technical/professional qualifications:

• Minimum of 8-12 years of relevant compliance and risk management experience
• LLB Degree, bachelor’s degree in law or a bachelor’s degree in commerce

Desired :

• A certificate in Compliance Management would be an added advantage.
• Postgraduate Qualification in Anti Money laundering ( AML) will be advantageous
• Higher relevant law degrees will be an advantage.
• Higher relevant specialist qualifications in e.g., Compliance will be an advantage.

Reports to:

• Chief Legal and Risk Officer

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