• Application Deadline:
• Position: Compliance Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 4 - 5 years



• Location Abuja




• Job Field Banking  , Finance / Accounting / Audit 
  
  

Job Description

• Reviewing published regulations, circulars, laws and directives, breaking them down and identifying the section that impact upon the Bank’s business;


• Periodic review and risk assessment of the Bank’s products, services and vendors to ensure compliance with regulations;


• Preparing training manuals and facilitating trainings on AML/CFT compliance for the Bank’s employees;


• Ensure daily monitoring of transactions on AML Software, desktop reports / internally developed alert systems, escalated mails from back office and e-STR portal.


• Prompt detection, identification and reporting of STRs;


• Managing and rendering CTR, FTR and STR reports to regulators;


• Managing and rendering monthly, quarterly, half-yearly and end of year reports.


• Monitoring of business units/groups responsible for rendering reports (statutory renditions) on behalf of the Bank to regulators and law enforcement agencies;


• Monitoring of escalated or suspected trade transactions for AML/CFT concerns;


• Risk-based review of trade transactions processed by settlement units;


• EDD and KYC on High Risk customers such as Gaming Entities, Bureau De Change (BDC), PEPs;


• KYC and EDD for Foreign Financial Institutions;


• To receive, time stamp and log into the compliance register and closing out of all LEA and Regulatory correspondence;


• Preparations of Management reports on the activities of The Legal and Regulatory activities for the period under review. Monthly, Quarterly

Requirements

Education/Qualification

• Bachelor's degree in Business, Finance, or related field

Experience

• 4-5 years in banking

Skills/Competencies

• Good communication skills


• Analytical thinking & Report Writing skills


• Knowledge of relevant regulations, internal policies and SOPs


• Organizational skills


• Relationship and people management


• Knowledge of best practice & Local Extant Regulations


• Knowledge of Banking Operations


• Regulatory policy interpretation