18 hours ago
Job title : Area Compliance Officer
Job Location : Lagos
Deadline : October 02, 2024
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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.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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