Compliance Manager at Aku Fintech Services Limited

Role Description

• This is a full-time hybrid role as a Compliance Manager at Aku.
• The Compliance Manager will be responsible for overseeing and implementing regulatory compliance policies and procedures within the organization.
• They will conduct audits, monitor transactions, and ensure adherence to legal and regulatory requirements. This role will require on-site location in Lagos, with flexibility for some remote work.

Duties and Responsibilities

• Work with Head, Legal & Compliance to ensure Aku’s operations compliant with all regulatory obligation including schemes/acquiring bank rules.
• Rendering of regulatory returns to the CBN and NFIU.
• Review of customer KYC/onboarding documents.
• Collaborate with relevantdepartments in the company to ensure efficient data analysis and data-gathering for law enforcement agencies and regulatory authorities.
• Utilize internal and external applications to assist in financial crime investigations.
• Working closely with the Data Analytics, Internal Audit, Legal and Fraud teams in handling investigations, setting up controls, monitoring, and reporting system.
• Provide technical advice on issues relating to financial crime and fraud.
• Resolve standard Compliance queries from internal or external customers or suppliers by providing information on policies and procedures.
• Support in areas relating to AML/CFT, KYC, fraud, and AB&C policies.
• Develop weekly progress reports which include activities progress against set timelines, key risk and control indicators, and overall improvements on current 
• processes and procedures that minimize relevant risks.
• Investigate standard incidents using current regulatory and compliance processes, systems, and procedures, and take action to solve immediate compliance issues.
• Analyze business processes and workflows to identify bottlenecks and redundant compliance tasks and execute processes enhancements to increase output efficiency.
• Maintain an up-to-date high level of knowledge and understanding of internal policies and procedures, including 'Compliance’, 'Prevention of Money Laundering and Combating Terrorist Financing’, 'Financial Crime’, 'Customer Due Diligence’, 'Treating Customers Fairly’, 'Complaints Management’, 'Client Assets’, 'AntiBribery and Corruption’, 'Conflicts of Interest’, 'Market Abuse and Personal Dealing’, 'Gifts, Benefits and Entertainment’.

 Qualifications

• Strong knowledge of banking and financial regulations
• Experience in developing and implementing compliance policies and procedures
• Audit and risk management skills
• Attention to detail and analytical thinking
• Excellent communication and interpersonal skills
• Ability to work independently and in a team
• A degree in Industrial Relations and Personnel Management