Tolu Soetan

Experience

• 

  Asset Management Corporation (AMCON)

  Jan 2010 - Jan 2024

  • Led the automation of KYC, Compliance, and vendor onboarding processes, enhancing efficiency and ensuring Compliance across over 500 Eligible Bank Assets valued at over £3.75 billion while collaborating with banks to develop secure online applications for KYC reviews and vendor onboarding.• Implemented robust operational risk frameworks and provide expert advice, proactively identifying risks, assessing control adequacy, and recommending enhancements to strengthen the organization's risk management culture.• Curated and executed a Business Continuity Disaster Recovery plan as part of the Covid-19 Task Force, successfully introducing a remote work policy that ensured full Compliance with government regulations while maintaining business operations and staff safety.• Developed and monitored control assurance testing on critical risk controls, presenting results to senior management and recommending risk remediation and mitigation improvements.• Provided expert guidance on compliance and governance issues, regularly reviewing regulatory reports, analyzing changes in compliance regulations, and advising internal groups like Compliance, Legal, and Operations on risk control matters.• Designed and monitored Risk and Compliance KPIs, creating and reporting critical management information on risk exposures, control effectiveness, and ensuring timely mitigation of internal and external audit points. Show less • Supported the organization in achieving its strategic mission, stabilsing and revitalizing the financial system by resolving non-performing loan assets while ensuring Compliance with regulatory frameworks and corporate ethics.• Provided expert legal advice on credit, commercial, and corporate matters, drafting and reviewing documents such as MOUs, NDAs, service contracts, and conveyance agreements to support key corporate transactions.• Conducted comprehensive reviews and assessments of collateral and credit documentation, analyzed Eligible Bank Assets (EBAs) and restructured files to facilitate the smooth transfer and resolution of debts, increasing asset recovery efficiency.• Performed due diligence and legal analysis on loan files and assets acquired by the organisation, generating recommendations to enhance Compliance, mitigate risk, and ensure the integrity of transferred assets.• Led contract negotiation and transaction documentation processes, ensuring all agreements were thoroughly vetted, aligned with the organisation's goals, and legally sound to avoid potential liabilities.• Spearheaded case management and due diligence for asset and facility management, ensuring all processes complied with corporate governance standards and regulatory requirements, efficiently handling unresolved debt resolutions. Show less

  • Compliance/Risk Manager

    Jan 2019 - Jan 2024

  • Legal Compliance Analyst

    Jan 2010 - Jan 2019
• 

  Retom Properties Ltd

  Jan 2024 - now

  Compliance Analyst

  • Implement a more rigorous KYC and AML process, ensuring that all client onboarding processes adhered to regulatory requirements while reducing onboarding time by 25%.• Spearhead the adoption of a compliance monitoring solution, allowing for continuous oversight of property transactions and legal obligations, resulting in faster identification and resolution of potential compliance issues.• Streamline the documentation process for regulatory filings and audits, leading to quicker submissions and improved accuracy, which ensured that all regulatory deadlines were met without delays or errors.• Organise monthly compliance training workshops, keeping the compliance team and other departments well-informed of evolving regulations, resulting in fewer internal compliance issues and inquiries.• Develop an in-house compliance framework, allowing internal teams to handle a higher volume of compliance-related tasks autonomously, reducing dependency on external legal advisors and achieving a 20% reduction in legal consultation costs.• Conduct risk assessments and regular internal audits, identifying and addressing compliance gaps before they escalated into significant legal or financial repercussions for the company, minimising potential fines and penalties by 15%. Show less

• 

  Lulus

  Jan 2024 - now

  Compliance Manager

  • Develop and implement a comprehensive legal compliance program, increasing adherence to internal controls and improving regulatory audit outcomes.• Coordinate with health inspectors and external auditors to ensure all regulatory documents were prepared accuraelu and submitted on time, reducing compliance-related issues by 10%.• Train 100% of the staff on food safety and industry regulations, boosting compliance with health and safety procedures and reducing operational and sancions risks.• Conduct regular assessments of control systems, recommending and implementing improvements that enhanced operational efficiency by 10% while mitigating potential risks.• Review business activities and company procedures, identifying hidden risks that resulted in a 15% reduction in non-compliance issues and an improvement in overall business performance.• Manage production supply inventory, optimising ordering processes to maintain stock levels, reducing supply shortages by 20%, and ensuring seamless production operations. Show less