Compliance Advisory Officer at United Bank for Africa Plc (UBA)

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: Compliance Advisory Officer

Location: Nigeria

Job Profile

• Our ideal candidate must have between 4 - 8 years’ experience in Operations, Internal Control, Audit

Job Objective(s)

• Ensure adherence to Policy and Regulatory Compliance
• To provide guidance to stakeholders on Compliance matters to ensure the bank’s operations and business transactions follow all relevant regulatory provisions and internal policies
• To provide compliance and advisory services to executive Management
• Ensure Compliance Advisory Portal is always properly manned, and all inquiries are responded to in a timely manner
• Respond to escalations and enquiries with respect to IMTOs
• Re-route STR/SAR escalations from business offices to Transaction Monitoring unit for proper filing
• Attend to all BVN related changes taking into consideration the provisions of the CBN BVN Framework by ensuring completeness of recommended documentation
• Attend to all Foreign Currency Transactions referred to Compliance for advice
• Respond to request for World-Check due diligence screening
• Ensure prompt response to Request for Information (RFI) from Nigeria Financial Intelligence Unit providing requested documents
• Review and approve account opening request for PEPs and Public Sector Accounts
• Review and approve Domiciliary Account Tiering /Due Diligence alerts
• Conduct due diligence for Merchants and Payment Facilitators onboarding
• Review of Vendor Account Opening Requests prior to their commencing relationship with the Bank
• Provide general advisory support and guidance on all Compliance related enquiries
• Review and approve all agent banking a/c opening requests

Minimum Education Qualifications

• Bachelor's Degree

Previous Work Experience Requirements:

• Minimum experience of 4 years in operations, Internal Control and Audit

Skills Required:

• Strategic thinking and problem-solving ability
• Analytic, Conceptual and Investigation Skills
• Proficiency in the use of the computer and basic applications like excel, power point, World Check
• Firm, professional and result-oriented
• Excellent Interpersonal and Communication Skills
• Avid Reader

Knowledge:

• Deep knowledge of the Bank’s Products, Services, Processes and Policies
• Good Understanding of Sanction screening

Application Closing Date
21st August, 2021.