Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
OLUWARINUMI OLAWALE

OLUWARINUMI OLAWALE

Compliance/Administrator
5, Wale Aboundrin Close, Ade Oni Estate, Ojodu Berger, Lagos, Nigeria,Lagos

Summary

Detail-driven Compliance Officer focused on maximizing company compliance with applicable laws and standards. Knowledgeable about internal controls, process evaluations and procedural reviews. Proficient in MsPPT, MsWord and basic knowledge in MsExcel.

Overview

4
4
years of post-secondary education
18
18
years of professional experience

Work History

Head, Compliance

Capital Bancorp Plc
Lagos, Lagos
10.2017 - Current
  • Liaise with risk management, internal audit and head of units to direct compliance issues to appropriate channels for investigation and resolution;
  • Identify potential areas of compliance vulnerability and risk to develop and implement corrective action plans;
  • Review company forms, marketing materials and communication procedures for compliance with applicable laws and guidelines;
  • Ensure prompt management/resolution of all issues related to clients and regulators;
  • Developing and implementing a Compliance Programme, policies and procedures for the Group;
  • Responsible for periodical and timely rendition of regulatory/ad-hoc reports to Securities and Exchange commission(SEC), The Nigerian Exchange Group, ASHON, NASD, CBN, NDPR and the Nigerian Financial Intelligence Unit(NFIU);
  • Responsible for compliance planning and reporting of compliance issues to the relevant Board committees and the Board of Directors;
  • Ensuring total Compliance in Customer Due Diligence on new clients, employees and vendors;
  • Conduct staff AML/CFT and culture training;
  • Ensures the organisation’s risk management policies and strategies are in compliance with applicable industry;
  • Nurture a positive working environment.

Compliance Manager

Anchoria Asset Management Limited
Lagos
03.2017 - 09.2017
  • Developing and implementing a Compliance Programme, policies and procedures for the Group;
  • Developing Business Processes and compliance checks for the Group;
  • Responsible for periodical and timely rendition of regulatory/ad-hoc reports to Securities and Exchange commission(SEC), Fund Managers Association of Nigeria(FMAN) and the Nigerian Financial Intelligence Unit(NFIU);
  • Maintain regulatory registers (training, risk rating, complaints management, suspicious activities/transactions);
  • Responsible for compliance planning and reporting of compliance issues to the relevant Board committees and the Board of Directors;
  • Liaison officer with SEC, NFIU and as a point of contact for all employees on compliance issues;
  • Ensuring total Compliance in Customer Due Diligence on new clients, employees and vendors;
  • Interface with other Relationship Managers to monitor clients’ needs and ensure that they are adequately met;
  • Ensure prompt management/resolution of all issues related to clients and regulators.

Compliance Manager/Head of Operations

Capital Express Securities Limited
Lagos
01.2011 - 03.2017
  • Developing and implementing a Compliance Programme, policies and procedures: involved in the development of codes of conduct for approved persons as a Member of Codes, Governance and Risk Committee of the Nigerian Stock Exchange;.
  • Responsible for periodical and timely rendition of regulatory/ad-hoc reports to Securities and Exchange commission(SEC), the Nigerian Stock Exchange(NSE), the National Association of Securities Dealer(NASD) and the Nigerian Financial Intelligence Unit(NFIU);.
  • Ensuring total Compliance in Customer Due Diligence and Know Your Customers;.
  • Confirmation of all documents presented by clients for business transactions;.
  • Develop, recommend, implement and interpret the client service procedures;.
  • Periodic evaluation of the effectiveness of current stockbroking operations and systems;.
  • Management of Estate Account documentation and Transmission Processes;.
  • Ensure evenly distribution of work levels across the teams;.
  • Participate in client review meetings, external audit feedback sessions and new business processes ideas;.
  • Construct and effectively manage team budgets, Active member of NSE compliance committee on Codes of Conducts and Corporate Governance- Providing key inputs for exposure drafts.

Operations Manager

Capital Express Securities Limited
Lagos
01.2008 - 01.2011
  • Close supervision of four officers, making sure that all received clients’ mandates are processed and executed timely.
  • Implement and interpret the client service procedures.
  • Periodic evaluation of the effectiveness of current stockbroking operations and systems.
  • Management of Estate Account documentation and Processes.
  • Ensuring customer complaints are identified and recorded.
  • Reconciliation of clients’ stocks account.
  • Ensure evenly distribution of work levels across the teams.
  • Participate in client review meetings, external audit feedback sessions and new business processes ideas.
  • Construct and effectively manage team budgets.
  • Relationship Management Key achievement(s).
  • Coordinated the team to reduce the outstanding unverified clients’ share certificates.

Officer

Capital Express Securities Limited
Lagos
01.2006 - 12.2007
  • Supervised all intra and inter account activities, ensuring timeliness and correctness with little or no reconciliation issues.
  • Coordinate stock trading activities.
  • Keep proper records of all clients’ accounts.
  • Attest and approve the stockbroking transaction documents.
  • Authorize and approve any requisition and other documents Key achievement(s).
  • Timely execution and processing of clients’ trades.

Clients Relation Officer II

Capital Express Securities Limited
01.2003 - 01.2006
  • Undertake analysis of Buy and Sell Orders on daily basis on return of the Dealer from Trading Floor.
  • Collation of applications for Primary Market Issues.
  • Preparation of Certificate Deposit Forms (CDF), Jobbing Book, Scrip Receipt and Contract Notes.
  • Collection of share certificates for sale or depository.
  • Preparation of certificate deposit forms, jobbing book.
  • Management of clients’ stocks account Key achievement(s).
  • Maintained reliable customers’ relationship.

Education

ACIS -

Chartered Institute of Stockbrokers
01.2018 - 12.2018

M.Sc. - Finance

University of Lagos
01.2007 - 01.2010

B.Sc - Economics

Usman Danfodio University

Skills

    Policy compliance

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Accomplishments

· Successfully Implement Brain storming/Knowledge sharing session

· Part of the team that facilitated the issuance of the operating licence Securities and Exchange Commission(SEC) to Bancorp Asset Management Limited

Part of the team that facilitated the unbundling of Stockbroking Licence from the Group

· Successfully developed the company’s compliance policies and procedures.

Timeline

ACIS -

Chartered Institute of Stockbrokers
01.2018 - 12.2018

Head, Compliance

Capital Bancorp Plc
10.2017 - Current

Compliance Manager

Anchoria Asset Management Limited
03.2017 - 09.2017

Compliance Manager/Head of Operations

Capital Express Securities Limited
01.2011 - 03.2017

Operations Manager

Capital Express Securities Limited
01.2008 - 01.2011

M.Sc. - Finance

University of Lagos
01.2007 - 01.2010

Officer

Capital Express Securities Limited
01.2006 - 12.2007

Clients Relation Officer II

Capital Express Securities Limited
01.2003 - 01.2006

B.Sc - Economics

Usman Danfodio University

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