Compliance Manager

Role Summary

To effectively and efficiently manage the day-to-day operations regarding the compliance operations within the Office 
of the Official Receiver, ensuring that all activities are conducted in accordance with relevant insolvency legislation, 
regulations, policies, and established operation guidelines.

Role Responsibilities

1. Direct and coordinate the compliance operations of the Office of the Official Receiver to ensure the effective execution of its statutory functions, including oversight of insolvency practitioners and related regulatory responsibilities.
2. Develop, review, document, and implement compliance-related legislation, policies, procedures, and operational systems relating to insolvency administration and regulatory oversight.
3. Promote awareness and understanding of applicable insolvency legislation, regulatory requirements, policies, and procedures among stakeholders to support compliance with statutory obligations.
4. Develop and implement an annual programme of compliance inspections for licensed insolvency practitioners to ensure adherence to legislation, professional standards, and regulatory requirements.
5. Conduct or direct compliance examinations and reviews of insolvency practitioner operations, records, and procedures, and review inspection reports to ensure regulatory objectives are achieved and supported by appropriate documentation.
6. Monitor compliance systems and regulatory oversight programmes to assess effectiveness and recommend improvements as needed.
7. Maintain accurate records and documentation of compliance inspections, investigations, complaints, and enforcement activities involving insolvency practitioners.
8. Prepare reports resulting from compliance inspections and investigations, and produce periodic reports on the regulatory activities and performance of the Office of the Official Receiver.
9. Provide administrative and operational support to the Asset Seizure and Forfeiture Management Committee, including coordinating meetings, maintaining records, and supporting the management and oversight of seized and forfeited assets in accordance with legislation.
10. Support the statutory functions of the Official Receiver, including administration oversight of insolvency matters where the Official Receiver is appointed or required to act under relevant legislation.
11. Provide compliance support in the administrative processing of Bona Vacantia matters and company restoration applications, including reviewing requests, preparing recommendations, and ensuring adherence to relevant laws 
and procedures.
12. Serve as a point of contact and provide guidance to insolvency practitioners, legal professionals, and internal stakeholders on compliance matters related to insolvency administration and regulatory processes.
13. Stay current on developments in insolvency regulation, compliance practices, international standards, and best practices to strengthen regulatory oversight and operational effectiveness.
14. Attend meetings, conferences, workshops, and training sessions to remain informed of legislative, regulatory, and procedural developments relevant to the role.
15. Supervise and direct the work activities of assigned personnel, including coordinating and delivering training, monitoring and evaluating performance under the Public Service Performance Management programme, and 
providing mentorship to support professional development and performance improvement.
16. Complete a minimum of 60 Essential Learning Hours annually to enhance professional knowledge and skills.
17. Perform additional duties that are reasonable, job-related, and within the scope of this position, supporting the 
objectives and effectiveness of the Unit, as assigned by the Supervisor or senior officer.

Minimum Qualifications

• Bachelor’s degree in Law, Finance, Business Administration, Public Administration, Accounting or related field, from 
  an accredited institution
• Five (5) years working experience inclusive of supervisory experience
• Professional certification – CCEP, CPA, ACCA, GRC or equivalent certification preferred
• Three (3) years’ experience in compliance monitoring, regulatory inspections, compliance, auditing, investigations, insolvency/bankruptcy administration and financial regulation/company administration
• Three (3) years management experience
   

Knowledge & Skills

• Sound organisational and interpersonal skills 
• Sound decision making and problem- solving skills 
• Ability to work  well under pressure 
• Sound supervisory and management skills. Handling of confidential and sensitive regulatory and policy information is expected.
• Expert knowledge of Government structure, policies and procedures
• Expert knowledge of applicable policies, regulations and laws
• Excellent knowledge of accountancy principles and procedures
• Excellent knowledge of JD Edwards Accounting Software
• Excellent analytical and decision-making skills
• Sound knowledge of the use of standard office equipment and computer applications
• Sound knowledge of computer programmes used for analysis and databases
• Sound knowledge of business management and accounting
• Sound oral and written communication skills
• Expert knowledge of public financial management, regulatory compliance, and auditing principles
• Sound proficiency in data analysis, reporting, and the preparation of regulatory documentation
• Sound project management, organizational, and planning skills
• Strong stakeholder engagement and negotiation skills
• Ability to interpret legislation, policies, and procedures and apply them effectively
• Excellent knowledge of insolvency, company restoration, and bona vacantia processes