Compliance Officer at Optimus Bank Limited

Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Abuja
Job Type: Full time

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 Closing Date
Not Specified.