• Application Deadline: Wed, 16 Aug 2023 00:00:00 GMT
• Position: Head, Quality Assurance and Compliance Monitoring


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• City Victoria Island


• Job Field Building and Construction 
  

Job Identification: 364

Job Description

The idea candidate should have the following attributes:

• Supervise preparation of Group BRCC, EXCO, MRC and Board Audit and Compliance reports


• Supervise preparation of Regional Control Reports, Monthly Compliance Report and GIC Pack


• Supervise the preparation of monthly proof /Reconciliation and ensure the final report is shared with management.


• Supervise review of Standard Operations Manuals and process documentations bankwide.


• Review collated monthly critical control issues report from Branch, IS Head Office Compliance, Balance Sheet Assurance, and Reconciliation and AML/CFT/CPF unit advise of issues for escalation.  


• Supervise monitoring of all regulatory reports in the bank for timely rendition to the regulatory authorities on daily, weekly via Compliance monitoring tracker etc


• Supervise monitoring activities over transactions on Remittances business (MoneyGram, Western Union, Wari and RIA)


• Supervise review of new circulars posted on CBN (Central Bank of Nigeria) website and  ensure same is forwarded to Chief Compliance Officer and other Compliance Staff.


• With the Permission of CCO circulate new regulatory circulars and policies


• Supervise updating activities of Rule Book and share details with stakeholders


• Supervise preparation and execution of Compliance activity planning.


• Ensure significant open issues in published compliance reports are uploaded on Control log for proper monitoring


• Ensure reports are issued for completed Compliance/Control activities/tests.


• Ensure timely rendition and good quality of all Compliance activity reports


• Ensure follow up with process owner on all issues reported


• Supervise and review collated reports on cash count exercise /Bank wide stock count, Proof report etc.


• Supervise preparation of monthly Prudential Ratio report and ensure the report is rendered within the approved deadline


• Ensure Periodic review of bank-wide GLs to ascertain the correctness of balances warehoused in the bank GL accounts is carried out


• Supervise preparation and implementation of Compliance Unit Capex budget.    


• Supervise preparation and implementation of regulatory and required trainings for Compliance Officers, Board and other staff bankwide.


• Supervise regulatory return rendition for Compliance Training


• Ensure report deadlines are met for the affiliates where impossible to meet deadlines ensure adequate approval for extension is obtained.


• Ensure cordial relationship with auditors as well as ensure that reports requested by auditors are submitted promptly.


• Mentoring Quality Assurance and Monitoring Unit staff


• Supervise the administrative clerk for smooth administration of Compliance office and Process expenses for Compliance Officers bank wide


• Supervise implementation of GIC and Group Compliance work plan and other adhoc requests from GIC and ENG  management as may be required.  


• Supervise periodic dissemination of Compliance Nugget


• Carry out all other functions as may be required by CCO.