• Application Deadline: Wed, 2 Oct 2024 00:00:00 GMT
• Position: Area Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 6 years


• Location Lagos


• Job Field Law / Legal 
  

Responsibilities

• Carry out first level support to the Branches for all regulatory and compliance activities


• Promoting positive compliance culture in branch.


• Providing compliance advisory support to business and operations within designated branches.


• Coordinating KYC/AML/CFT & Compliance training and awareness at branch level.


• Review all transaction alerts escalated by the Monitoring tool and other designated transactions on high-Risk accounts


• Investigate all unusual transactions and ensure appropriate escalation/reporting to designated regulatory agencies


• Conducting spot checks/inspections within the Branch to assess the level of voluntary compliance maintained and providing support to branches to ensure timely closure of exceptions


• Performing regular compliance risk assessment of regulatory activities and develop remediation plans


• Monitoring the implementation of branch compliance and conduct remediation plans and escalate open activities to Branch Head and Head, Compliance Monitoring and Reporting.


• Conduct periodic review of newly opened and existing accounts for compliance with regulatory requirement.


• Coordinate and review due diligence on customers with changed risk ratings as generated by Oracle KYC for branches.


• Conduct periodic branch visitation to ascertain adherence to regulatory provisions and internal policy expectations.


• Conduct Agency Banking visitation review or any review as assigned by Head of unit


• Conduct reviews on the activities of the Money Transfer Operations (FLAs)

Requirements

• First degree (or equivalent) in Law, Banking & Finance or related discipline.


• A minimum of 6 years experience working in compliance or related areas in financial services


• Experience of implementing and advising on compliance programs.