PPF Pensions Fund Compliance Officer Grade II Job Vacancy in Tanzania

Job Title: Compliance Officer Grade II (One Post –
HQ)
Area: Dar Es Salaam
Application Deadline: Jun 14, 2013

Position Description:
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 mitigations to 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 Link Below
Applications should be submitted not later than 14 June, 2013. ) Only
shortlisted candidates will be contacted.
http://www.ppftz.org/recruitment/index.php

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