Compliance Analyst at a Stockbroking Firm

About the company

A new Stockbroking Firm, a subsidiary of a leading investment management group is recruiting for the position of SEC-sponsored Compliance Analyst.

Your tasks

The Compliance Analyst will support the Stockbroking firm’s regulatory compliance framework and ensure adherence to all applicable regulations governing Stockbroking operations. The successful candidate will be responsible for monitoring compliance activities, reviewing transactions, supporting regulatory reporting, and ensuring compliance with rules issued by the Securities and Exchange Commission (SEC), Nigerian Exchange (NGX) and other relevant regulatory bodies.

Regulatory Compliance & Monitoring

• Monitor the firm's activities to ensure compliance with SEC regulations, stock exchange rules, and other applicable laws.
• Conduct periodic compliance reviews and risk assessments across business functions.
• Ensure timely implementation of regulatory circulars, directives, and updates.
• Review internal policies and procedures to ensure alignment with regulatory requirements and industry best practices.
• Track compliance breaches, recommend corrective actions, and monitor remediation efforts.

Transaction Monitoring & Surveillance

• Monitor client transactions and trading activities for potential market abuse, insider trading, market manipulation, or other regulatory violations.
• Conduct compliance checks on trade executions and account activities.
• Prepare reports on unusual or suspicious activities for management review.

AML/CFT & KYC Compliance

• Ensure compliance with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Know Your Customer (KYC) requirements.
• Review client onboarding documentation and perform customer due diligence checks.
• Escalate suspicious activities and support the filing of required regulatory reports.

Regulatory Reporting

• Prepare and submit periodic compliance and regulatory reports to the SEC, stock exchange, and other relevant authorities.
• Maintain regulatory compliance registers, filings, and documentation.
• Assist during regulatory inspections, audits, and compliance examinations.

Compliance Advisory & Training

• Provide compliance guidance and support to business units on regulatory matters.
• Assist in developing and delivering compliance awareness and training programs.
• Promote a strong culture of compliance and ethical conduct across the organization.

Record Keeping & Documentation

• Maintain accurate compliance records, monitoring logs, incident reports, and regulatory correspondence.
• Ensure proper documentation and retention of compliance-related activities.

Requirements

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Economics, Law, Business Administration, or a related discipline.
• A master’s degree is an added advantage.
• Must be a SEC Sponsored Individual
• Minimum of 4 years' relevant compliance experience within a stockbroking, securities trading company is compulsory.
• Demonstrated experience in regulatory compliance, surveillance, AML/CFT monitoring, and regulatory reporting.
• Associate, Chartered Institute of Stockbrokers (ACS)/Authorized Dealing Clerk qualification.
• ACAMS, ICA, CRCM, or other compliance-related certifications.

Required Skills and Competencies

• Strong knowledge of SEC rules, capital market regulations, and stock exchange requirements.
• Understanding of AML/CFT regulations and KYC standards.
• Excellent analytical and investigative skills.
• Strong report-writing and documentation abilities.
• High level of integrity, professionalism, and attention to detail.
• Effective communication and stakeholder management skills.
• Proficiency in Microsoft Office Suite, particularly Excel and Word.
• Ability to work independently and manage multiple priorities effectively.