JOB DESCRIPTION
To cultivate and advance a robust compliance culture, fostering voluntary adherence to regulatory and operational mandates throughout all branch activities and processes. This entails executing and enforcing critical customer onboarding compliance standards.
To oversee compliance activities across branches within the designated coverage area, identifying the underlying causes of noncompliance and collaboratively developing corrective measures to drive improvement.
As the on-site compliance advisor and risk management officer at branch locations, you will foster strong, collaborative relationships with business partners while ensuring adherence to regulatory standards and mitigating potential risks. This role involves providing expert guidance on compliance matters, conducting risk assessments, and implementing effective control measures to safeguard organizational integrity and operational excellence.
Cultivating a culture of voluntary adherence and proactive compliance within the branch is essential.
Minimize infractions
The role encompasses a range of critical duties and responsibilities designed to ensure operational excellence and team success. Key tasks include managing daily workflows, overseeing project execution, and collaborating with cross-functional teams to achieve organizational objectives. The position demands meticulous attention to detail, strong problem-solving abilities, and the capacity to uphold high standards of performance under dynamic conditions. Additionally, the role requires adherence to established policies and procedures while fostering a culture of accountability and continuous improvement. Candidates must demonstrate proficiency in relevant tools and technologies, along with exceptional communication and leadership skills to drive team cohesion and deliver results.
Develop and execute the Compliance Monitoring calendar to ensure comprehensive coverage across all designated areas.
Offering expert guidance on regulatory adherence to business units and operational teams across specified branches.
Spearheading the delivery of KYC, AML, and CFT compliance training and awareness initiatives at the branch level ensures robust adherence to regulatory standards.
Conducting transaction monitoring through the FCC-ECM AML module and flagging suspicious transactions for additional review and reporting purposes.
Periodic on-site inspections are performed throughout the branch to evaluate the extent of adherence to voluntary compliance standards.
Conducting systematic evaluations of branch operations to identify compliance risks and formulating corrective action strategies.
Overseeing the execution of branch compliance protocols and implementing corrective measures, while elevating unresolved items to the Branch Management team and the Head of Compliance Monitoring and Reporting (via Zonal Compliance Officers and Area Compliance Coordinators).
Quarterly on-site inspections are conducted at bank agents to verify adherence to Anti-Money Laundering and Counter-Terrorism Financing regulatory standards.
Periodically visit branches to ensure compliance with Know Your Customer (KYC) regulations.
Regular oversight of substantial cash transactions is conducted to verify alignment with client profiles, examine atypical cash deposits, and promptly report any suspicious activities in accordance with Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) regulations, as well as internal guidelines.
Ensure thorough verification of Know Your Customer (KYC) compliance for customer accounts and issue KYC certificates specifically for loan-related transactions.
Verification of Know Your Customer (KYC) compliance for client accounts, followed by the issuance of KYC certificates to facilitate limit enhancement requests.
Ensuring the onboarding of all identified Politically Exposed Persons (Peps) in accordance with PEP guidelines and regulations.
Regular oversight is required to ensure the timely completion of regularization for all high-risk accounts that have Known Your Customer (KYC) exceptions.
All suspicious activities detected through transaction monitoring must be escalated without delay to the Nigerian Financial Intelligence Unit (FIU) for immediate action.
Responding promptly to inquiries and requests for approvals pertaining to all compliance-related matters necessitating the ACO’s involvement is a key responsibility.
Responsibilities include conducting Monthly Targeted branch reviews for all branches within the designated Cluster to ensure targets are consistently met.
The professional is responsible for overseeing the completion of the annual thematic review process for all accounts identified as high-risk.
The responsibility includes overseeing the completion of the quarterly branch compliance certificates submitted by all branches.
Perform regular audits of online accounts to verify adherence with regulatory standards.
We are responsible for processing LEA requests to ensure prompt and compliant responses to law enforcement agencies.
JOB REQUIREMENTS
We seek a candidate with a relevant academic background, holding at minimum a bachelor’s degree in education or a closely aligned field. Ideal applicants will possess specialized training or certification in instructional design, curriculum development, or a comparable discipline. Prior to teaching experience, whether in K-12, higher education, or corporate training environments, is highly valued. Strong proficiency in educational technology and digital learning platforms is required, along with the ability to adapt instructional methods to diverse learner needs. Excellent communication skills and a commitment to fostering inclusive, engaging learning experiences are essential.
A recognized degree (or equivalent qualification) in Law, Banking & Finance, or a closely related field, along with a valid compliance certification, is required.
Experience
Minimum of six years’ experience in compliance or a related field within the financial services sector is required.
Demonstrated expertise in designing and providing guidance on compliance frameworks and initiatives.
Seeking a candidate with a strong foundation in key competencies, including [insert specific competencies here], essential for fulfilling the role’s demands. Proficiency in [mention any required skills or tools] is mandatory, alongside demonstrated expertise in [list additional relevant skills]. The ideal applicant will exhibit exceptional problem-solving abilities, effective communication skills, and a collaborative approach to teamwork. Prior experience in [relevant field or industry] is advantageous, with a proven track record of [specific achievements or responsibilities]. The position requires meticulous attention to detail, adaptability to evolving challenges, and a commitment to delivering high-quality results.
Knowledge
Designs, establishes, and maintains the organizational framework, regulatory compliance measures, and operational guidelines governing the bank’s operations.
Proficiency in the relevant industry is essential, encompassing a comprehensive understanding of current trends, key players, and emerging technologies. Familiarity with industry standards, regulations, and best practices is required to ensure alignment with organizational goals and compliance with legal frameworks. Candidates must stay informed about advancements in the sector to contribute effectively to strategic initiatives and innovation efforts.
Banking operations encompass the critical processes and functions vital to the smooth, secure, and efficient functioning of financial institutions. These responsibilities involve overseeing transaction processing, account management, and regulatory compliance to ensure accuracy, integrity, and adherence to industry standards. Professionals in this field must possess strong analytical skills, meticulous attention to detail, and a deep understanding of banking protocols, risk management, and financial regulations. Collaborating with various departments, they play a pivotal role in maintaining operational excellence, mitigating risks, and supporting customer service initiatives to enhance overall institutional performance.
We are seeking a skilled professional to oversee and enhance our banking systems, ensuring seamless integration, robust security, and optimal performance. The ideal candidate will possess expertise in financial software, data management, and regulatory compliance, with a strong background in system administration or IT infrastructure. Key responsibilities include maintaining system stability, troubleshooting technical issues, implementing security protocols, and collaborating with cross-functional teams to drive innovation. Proficiency in banking software, database management, and cybersecurity measures is essential, along with the ability to analyze system performance and recommend improvements. Strong problem-solving skills and a commitment to continuous learning are required to adapt to evolving industry standards and technological advancements.
We are seeking a professional with expertise in legal and regulatory frameworks to ensure compliance and mitigate risks. The ideal candidate will have a strong background in interpreting and applying relevant laws, regulations, and industry standards. Responsibilities include advising stakeholders on compliance obligations, monitoring changes in legislation, and implementing policies to align with current requirements. Proficiency in analyzing legal texts, conducting risk assessments, and developing mitigation strategies is essential. Additionally, the role demands excellent communication skills to convey complex regulatory concepts clearly and collaborate effectively with cross-functional teams.
The CBN Guidelines outline comprehensive regulatory standards and procedures essential for maintaining stability and integrity within the financial sector. These directives are designed to govern monetary policy implementation, banking operations, and risk management practices across all licensed financial institutions. Compliance with these guidelines is mandatory, ensuring adherence to capital adequacy requirements, anti-money laundering protocols, and corporate governance frameworks. Institutions must also align with reporting obligations and operational directives to foster transparency and accountability in line with CBN mandates.
We are seeking a candidate with a strong foundation in technical and interpersonal skills to fulfill this role effectively. The ideal applicant must demonstrate proficiency in [list specific skills, e.g., project management, data analysis, or software development], along with the ability to collaborate efficiently within cross-functional teams. Familiarity with [relevant tools, methodologies, or frameworks, if applicable] is essential, as is a commitment to continuous learning and adaptability in dynamic environments. Additionally, the role requires excellent problem-solving capabilities, meticulous attention to detail, and the capacity to manage multiple priorities under tight deadlines. Strong written and verbal communication skills are equally important to convey complex ideas clearly and engage stakeholders at all levels.
Proven ability to collaborate effectively with diverse teams, build strong professional relationships, and communicate clearly with stakeholders at all levels. Must demonstrate emotional intelligence, active listening, and conflict resolution capabilities to foster a positive and productive work environment. Seeks an individual who thrives in team-oriented settings, adapts to varying interpersonal dynamics, and consistently delivers results through strong interpersonal connections.
IT and Computer appreciation
Proficient in both written and verbal communication skills is required.
A strong candidate should demonstrate initiative, independence, and a solid understanding of the business landscape.
With a strong emphasis on precision and accuracy, we seek an individual who demonstrates meticulous attention to detail in all aspects of their work. This role requires the ability to thoroughly review information, identify discrepancies, and ensure consistency in deliverables, as well as the capacity to maintain high standards across various tasks and projects. Applicants should possess the discipline to carefully verify data, spot potential errors, and correct them promptly to uphold the integrity of our processes and outputs. Whether analyzing reports, processing documentation, or managing records, a keen eye for detail is essential to meeting the demands of this position.
Ensures adherence to ethical standards and maintains a commitment to honesty and transparency in all professional interactions. Demonstrates reliability and accountability in fulfilling obligations, with a focus on doing what is right, regardless of the circumstances. Upholds the organization’s values and fosters trust through consistent and principled behavior in both individual and team settings.
Complexity Management:
Overseeing intricate systems and processes to ensure optimal performance and efficiency, this role demands a deep understanding of multifaceted challenges and the ability to devise strategic solutions. It requires assessing variable dependencies, identifying potential bottlenecks, and implementing robust frameworks to mitigate risks and streamline operations. Strong analytical skills, experience with systems thinking, and proficiency in problem-solving are essential to navigate dynamic environments and deliver sustainable results.
Drives talent development initiatives to enhance individual and organizational capabilities, empowering employees to achieve their full potential and contribute to the company’s success through skill enhancement and career progression opportunities.
Dynamic and engaging presentation abilities, coupled with a proven aptitude for delivering effective training sessions, are essential. Candidates should demonstrate a strong capacity to articulate ideas clearly and interactively, ensuring knowledge transfer and skill development among participants. Proficiency in utilizing diverse instructional methods to accommodate varied learning styles is highly desirable, as is the ability to captivate and sustain audience engagement throughout sessions.
Qualifications
BA/BSc/HND
Experience Required
6 years
