• Application Deadline: Fri, 29 Nov 2024 00:00:00 GMT
• Position: Compliance Manager



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Objective / Summary

• The Compliance Manager will be responsible for implementing and overseeing compliance policies and procedures within the organisation to ensure the MfB is meeting regulatory requirements.


• The Manager will work closely with various divisions, departments and units of the MfB to identify and assess potential compliance risks develop and implement measures to mitigate these risks.

Duties & Responsibilities

• Implement and oversee compliance policies and procedures.


• Monitor regulatory developments and changes to ensure that policies and procedures are upto- date


• Lead compliance training programs for employees to ensure they understand their role in maintaining compliance


• Conduct risk assessments to identify potential compliance risks and develop strategies to mitigate them


• Monitor compliance with regulatory requirements and internal policies


• Report regularly to Chief Compliance Officer on compliance matters


• Collaborate with other departments to ensure compliance with regulatory requirements


• Oversee the implementation of effective compliance monitoring programs


• Third-Level review of account opening documents provided for KYC-adequacy and liaising with the Branches for remediation before transmission to Regulators.


• Responding to enquiries from branches and regulators on AML Reporting issues.


• Review data for completeness and adequacy before Submitting Currency Transaction Reports to NFIU.


• Review of Generated or Rejected Currency Transaction Reports to the NFIU


• Review for Completeness and Adequacy of Foreign Currency Transaction Reports to NFIU and CBN.


• Review of Newly Generated Opened High-Risk Accounts.


• Review of various Risk Based Supervision Reports to CBN and NFIU before submission


• Preparation and Submission of Monthly Compliance reports to the Chief Compliance Officer


• Provision of inputs for the preparation of Management Reports


• Review of Returns to CBN and NFIU on UN Sanctioned entities and individuals


• Review the Completeness and Adequacy of 3-tier KYC returns to CBN


• Preparation, and Submission of returns on Whistleblowing and Code of Corporate Governance to CBN.


• Develop an Annual Compliance Work Plan and Strategy


• Develop Annual AML/ Compliance Training Plan


• Respond to Letters and Requests from Regulators


• Prepare and coordinate Regulatory Examinations.

Working Conditions:

• The Manager will primarily work in an office environment but may be required to travel occasionally to attend meetings or training sessions.


• The role may require extended hours or occasional weekend work to meet deadlines or respond to compliance-related issues.

Education and Experience

• Education: First Degree (or equivalent) in Law, Finance, Business or any related course would.

Experience:

• A minimum of 3 years’ working experience in compliance or related financial services area


• Experience in compliance monitoring and audit /inspection programmes.

Knowledge:

• Specialist knowledge in


• Anti-Money Laundering


• Data Protection


• Financial Markets


• Fraud and Ethics.

Skills / Competencies:

• Strong Knowledge of regulatory requirements and industry best practices


• Excellent communication, interpersonal and analytical skills


• Strong attention to detail and ability to work independently


• Ability to manage multiple tasks and projects and prioritize effectively


• Strong Project Management Skills


• Professional certification in compliance or related filed is preferred.

Salary & Benefits

• Salary: N350,000 - N400,000 monthly.


• HMO, Life Insurance, Paid Leave and Allowance, 13th month and all other statutory benefits


• Opportunities for professional development and growth


• Supportive and collaborative work environment.