Compliance Officer at Optimus Bank Limited

Job Title: Compliance Officer

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 a 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.

Benefits
What’s in it for you?

• Limitless Growth.
• Positive and Inclusive Work Environment.
• Tailored Rewards and Recognitions.
• Continuous learning environment.
• Health and Wellness Benefits.

Application Instructions:

The application deadline is on Not Specified. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Official Website: https://www.optimusbank.com/