Team Member, Regulatory Liaison at United Bank for Africa Plc (UBA) - Edo, Enugu, Rivers and Lagos

United Bank for Africa Plc (UBA) is one of Africa's leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.

We are recruiting to fill the position below:

Job Title: Team Member, Regulatory Liaison

Locations: Benin - Edo, Enugu, Port Harcourt - Rivers and Lagos
Employment Type: Permanent

Job Objective(s)

• To assist the GCCO in ensuring prompt response to regulatory issues.
• Ensure prompt rendition of regulatory reports
• Zero regulatory sanctions

Responsibilities

• Identify the relevant role players in accordance with business requirements and dependencies.
• Build a cordial relationship with Law Enforcement Officers.
• Compile a database of major role players among the agencies.
• Manage relationships in accordance with policies, procedures and legal requirements within the allocated time frames.
• Ensure to keep a proper record of enquiries from Law Enforcement Agencies.
• Ensure that required information is collated and reviewed to be satisfactory.
• Transmit such information and documents to the respective LEA.
• Guide staff in honouring LEA invitations and giving evidence on behalf of the bank in courts.
• Obtain and collate reports and inputs from the various other departments and Units.
• Review data/inputs obtained from other departments and units.
• Ensure that the various reports are prepared and that they meet standards.
• Ensure that the reports are transmitted to the respective regulators.
• Ensure that the TAT is met in rendition of these reports.
• Identify such risks posed by high-risk customers in their KYC documentation and other requirements.
• Ensure that complete documentation expected from the customers is obtained for high-risk customers.
• Ensure that PEP customers are identified and rated high.
• Participate in training staff within the group.
• Ensure that staff abide by Group Policies and relevant laws as applicable.
• Carry out enhanced due diligence on high-risk and high-profile accounts.
• Investigate and clear transactions identified against specified watch lists.
• Ensure that due diligence is conducted on transfers to high-risk countries.
• Assist in the management of Compliance Helpdesk.
• Render advisory support to staff through Compliance Helpdesk.
• Provide support to Cluster Compliance Officers.
• Assist in the automation of Compliance Process Application.

Qualifications

• A minimum of Bachelor's Degree
• A minimum of 3 years of experience in operations, internal control or audit & compliance, external auditing, risk management

Candidate's Profile:

• Our ideal candidate must have knowledge of regulatory Liaison Mgt, strong knowledge of CBN policies and interpretation of Policies & law. Must possess strong interpersonal and communications skills.

Knowledge & Skills Required:

• Knowledge of Regulatory Liaison Management.
• Deep knowledge of the Bank’s Products, Services and Processes
• Extensive knowledge of the bank’s policies and procedures
• Knowledge of CBN’s policies and the business environment
• Strong human interpersonal relationship and communications skills.
• Good interpretation of policies and laws.

What We Expect From You:

• High degree of professional ethics, integrity and responsibility.
• Highly organised, proactive, ability to work independently and take ownership of tasks assigned.
• Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
• High sense of confidentiality and discreteness.

What You Should Expect From Us:

• Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards.
• Whatever level you are at in your career, we offer plenty of opportunities and support to build a rewarding career at UBA.
• Here in UBA, our employees are our greatest assets and so we built a recognition and reward system that boosts productivity and enhances staff retention, instituting a culture of meritocracy.

Application Closing Date
22nd July, 2022.