Money Laundering Reporting Officer & Compliance Manager at Optimus Bank Limited

PZ Cussons is a dynamic consumer products group and innovator of some of the world's best known and loved brands. Calling on over 130 years of expertise, we operate internationally in carefully selected developed and emerging markets that present the greatest strategic potential for future growth. Our world-class supply chain and distribution networks enable us to meet our global consumer needs and deliver quality brands that add value and enhance everyday lives.

We are recruiting to fill the position below:

Job Title: Money Laundering Reporting Officer & Compliance Manager

Location: Lagos
Job Type: Full time

Job Description

• Are you an experienced Professional in the Money Laundering and Compliance Field seeking a more challenging role? We have an exciting opportunity for you!

Responsibilities

• Periodic review of the Bank’s policies to ensure adequacy and effectiveness in mitigating risks
• Reviewing and advising on all laws, regulations, circulars, and policies issued by regulatory agencies. Creating awareness and training for staff on all new regulations, laws, policies, and procedures of regulators.
• Monitoring compliance with the Code of Corporate Governance obligations of the Bank.
• Monitoring compliance with all laws and regulatory guidelines both local and international, adopted by the Bank.
• Periodic review and risk assessment of the Bank’s products and services to ensure compliance with regulations.
• Monitoring and advising on issues related to record keeping and retention of records of customers’ transactions.
• Supervise the monitoring of transactions reported by various business units and those captured by systems and tools deployed by the Bank.
• Managing the rendition of all regulatory reports and returns in relation to AML/CFT compliance.
• Managing, monitoring, and reporting Higher risk customers issues and transactions, such as PEPs and FEPs. 
• Managing and monitoring issues related to KYC implementation.
• KYC/AML questionnaire preparation and management for correspondent banks and FIs/OFIs.

Education/Qualification

• Bachelor's Degree in Business, Finance, or related field
• ACAMS/ADVANCED ICA

Experience:

• 10-15 years in banking with several years in a leadership role in compliance

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.

Application Closing Date
Not Specified.