Compliance Officer Grade II , PPF Pensions Fund

Nature and Scope

PPF Pensions Fund was established under the PPF Pensions Fund Act No. 05 of, 2912 and its main objective is to provide pensions and other related terminal benefits for all employees of the formal and informal sectors.

The Fund vision is to be a model provider of comprehensive social security I services and its mission is to provide quality pensions, allied benefits and other social security services to members through utilization of dedicated human capital and modern technology with high degree of accuracy and promptness. .

The Fund Management seeks for applicants who are committed, highly motivated, qualified candidates, result driven professions and proven track record with high degree of integrity and should also be able to work independently.

The available positions together with their specific requirements are as follows:

Expected Duties

The expected candidates will be required to accomplish the following duties:-

To develop and Implement the compliance management process including compliance plan.

Coordinating the review and identification of regulatory compliance risk and recommending mitigationsto minimize the risk.

Assists in the development of risk assessments with respect to the Regulatory Compliance Program

Monitor compliance on all regulatory requirements and internal policies, procedures and guidelines including testing effectiveness on adherence to regulations and established policies with the objective to ensure that the Fund is observing such requirements at all time.

Following up on new laws, regulations, guidelines and circulars issued from time to time –that are applicable to the Fund and coordinate the review in updating the Fund's policies and procedures based on regulatory changes, and examinations by regulatory agencies

Advising Management on applicable laws, rules and standards and keeping them informed on new development in the area.

Reviewing all legal, regulatory and internal requirements and bring into the attention of Management on any issue that its compliance will negatively ( affect the Fund's operations

Coordinate the implementation of new regulations or changes to existing regulations by raising awareness to affected business units

Coordinate all Funds' examination process by gathering files, records, and other pertinent information for review by bank examiners.

Assisting various divisions of the Fund in adherence to relevant laws and regulations by conducting training in relation to regulatory compliance requirements at all levels of Fund employees.

Preparation of compliance and other related reports, reviews and dissemination of Compliance findings and recommendations of appropriate corrective action

Assist with ensuring corrective action is taken on any noted deficiencies. Maintaining a database of all regulatory penalties and warnings issued by the regulators across the Group.

Coordinating the follow up and/or clarifications with regulators on all matters relating to regulatory compliance

To carry out any other lawful work related duties as assigned by supervisor.

Qualifications, Experience and Attribute

The ideal candidate should be a holder of Degree in Insurance, Risk Management, Finance, Business Administration, Law, Economics, B.com or its equivalent from a recognized institution coupled with at least two years work experience in relevant field.

Application Instructions:

Remuneration

The successful candidates will be offered attractive and competitive remuneration packages consistent with PPF Pensions Fund Remuneration Scheme.

Candidates are advised to provide their curriculum vitae by filling in appropriate information and apply" for the job in the system through the following Website

http://www.ppftz.org/recruitment/index.php