Job Title: Cluster Compliance Manager
Location: Nigeria
Job Summary:
We are seeking a highly experienced and skilled Cluster Compliance Manager to join our team. The successful candidate will be responsible for promoting a strong compliance culture within the bank, ensuring adherence to regulatory requirements, and preventing loss from non-compliance.
Key Responsibilities:
– Ensure compliance with key controls inherent in the bank’s policies and products
– Enforce compliance with Know Your Customer (KYC), Know Your Customer’s Business (KYCB), and Enhanced Due Diligence (EDD) risk monitoring for branch transactions
– Monitor and review account opening documentation, account closure, and reactivation documentation
– Implement Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Countering Proliferation Financing (CPF) programs at the cluster level
– Escalate suspicious transaction incidents to the Chief Compliance Officer
– Liaise with business operations to obtain required customer information and regulatory requirements
– Track and ensure branch regulatory items, such as licenses and permits, are reviewed and renewed promptly
– Provide feedback on customer investigations and assist with client potential exit processes
– Perform mandatory, targeted, and ad hoc reviews to assess compliance with regulatory requirements and internal policies
– Liaise with local regulators, law enforcement, and other government bodies, and ensure good relationships with these entities
– Ensure an improved compliance culture by enhancing compliance risk assessment and compliance testing standards at the branch/cluster level
– Provide periodic management reporting on the cluster’s level of compliance
– Conduct periodic compliance training for branches in the respective clusters
Key Performance Indicators:
– Regulatory liaison with law enforcement agencies/regulators and providing prompt feedback
– Adherence to monthly trainings at the cluster level
– Adherence to daily review of account opening documentation and providing relevant reports
– Prompt response to requests for account opening documentations and RFI
– Internal audit rating
Job Requirements:
– Minimum of 8 years’ experience in a bank/financial institution
– Good first degree in any discipline
– Relevant master’s degree will be an added advantage
– DCP/ACIN, CAMS, and other relevant compliance certifications will be an added advantage
Key Competency Requirements:
– Comprehensive banking operations/credit (domestic/foreign) skills
– Comprehensive treasury skills
– Fraud and operational risk knowledge
– Policy and regulation interpretation and implementation
– Banking, insurance, and financial services knowledge
– Extensive working knowledge of Microsoft Word, Excel, and PowerPoint, Intranet mailing facility, and Flexcube
– Analytical and investigation skills
– Auditing and accounting skills
– Oral and written communication skills
– Administration leadership/influence
– Team building/conflict management
– Organization and coordination skills
– Coaching and training
Link: https://www.unionbankng.com/Jobs/cluster-compliance-manager
