Cluster Compliance Officer at Fidelity Bank Plc - 4 Openings

Fidelity Bank Plc began operations in 1988 as Fidelity Union Merchant Bank Limited. By 1990, it had distinguished itself as the fastest growing merchant bank in the country. However, to leverage the emerging opportunities in the commercial and consumer end of financial services in Nigeria, in 1999, it converted to commercial banking and changed its name to Fidelity Bank Plc. It became a universal bank in February 2001, with a license to offer the entire spectrum of commercial, consumer, corporate and investment banking services.

We are recruiting to fill the position below:

Job Title: Cluster Compliance Officer

Locations: Lagos, South-South, South-East & North
Job Type: Full-time
Job Field: Compliance

Job Objective(s)

• Ensuring compliance to regulatory guidelines and procedures in relation to Customer Onboarding & Customer Activity Monitoring

Duties & Responsibilities

• Generate and review customer deficiency report, which highlights completeness of customer information. 
• Review and follow up on account opening documentation for deficiencies 
• Review of accounts of Politically Exposed Persons (PEPS), Designated Non-Financial Businesses and Professionals (DNFBPs), etc 
• Carry out follow ups on Annual Due Diligence and Enhance Due Diligence on customers: 
  • Understanding Customers Risk Rating 
• Understanding the Compliance plan: 
  • Ensuring Compliance to Annual/Bi-Annual and Transaction based EDD 
• Generate Customer Deficiency Report (Data quality and integrity – To identify incomplete supply and capture of customer information). 
• Monitor FATCA compliance at branches. 
• Confirmation of Regulatory Display Items in branches 
  • Money Laundering Warning Poster 
  • Dud Cheque Warning Poster 
  • NDIC stickers (One Big and One Small) 
  • Portrait of the President and State Governors/Minister(FCT) 
  • Extract of the Bank’s latest financial report  
  • S553 of CAMA. 
  • Operating License 
  • Certificate of Incorporation 
  • FX Teller and Rate Board Etc 
• Advise, oversee, and train the branch staff on compliance related matters/issues. 
• Following up on non-response from branches to any Compliance related enquiries from Head Office relating the areas of coverage  
• Ensuring Compliance to on-boarding documentation and data for deficiency purposes in branches 
• Acting as the Liaison officer to Transaction Monitoring & Law Enforcement Teams in areas where these teams are not located. 
• Review of customers e-services enrollment 
• Follow up on internal and external audit branch reports and confirm compliance with noted exceptions  
• Monitor Compliance to the Rule Book and Relevant Regulations in branches. 
• Confirmation of compliance procedures for Dud Cheques, BVN, Address and ID Verification 
• Confirmation of AML/CFT Credit Assessment procedure in branches. 
• Adhoc Due diligence, enhanced due diligence, and review of unusual inflows and transaction amounts that suggest structuring/smurfing 
• Adhoc filing of STR on Suspicious Transaction or Activities 
• Confirmation of compliance to process flow to modification of customers’ phone Number and Email addresses in Finacle and SMS Portal. 
• Identification of New and Relocated Branches for proper Risk Assessment 
• Identification of New Relationships with IMTO and other Relevant Third Party Service Providers operating within coverage area for proper administration of EDD. 
• Review of Processed Money Transfers – Western Union, MoneyGram, RIA (IMTOs) 
• To ensure compliance to prompt preparation and submission of Regulatory Reports to the appropriate Regulators from branches under coverage areas 
• Any other task as may be assigned by the supervisor 

Qualification

• Bachelor’s Degree in Social Science or humanities or HND with a Master’s Degree

Experience:

• Minimum of 3 – 6 years working experience

Experience / Skills:

• Good written and oral communication skills. 
• Good interpersonal and relationship skills.  
• Excellent negotiation skills  
• Good reporting Skills 
• Risk Conscious 
• Independent & Assertive 
• Excellent knowledge of bank and regulatory procedures and policies  
• In-Depth knowledge of Banking Operations/Products 
• In-Depth accounting knowledge/background 
• In-Depth Total Quality Management 
• In-Depth Credit, operations, computer systems (Data Center), GIS, etc. 

Application Closing Date
Not Specified.