Compliance Officer at Workforce Group

Location: Island, Lagos
Reports to: Board of Directors

Job Summary

• The main responsibility of the Compliance Officer is to focus on mechanisms and processes to implement the policies of the bank and ensure that the institution complies with all the relevant laws and regulations.

Key Responsibilities

• Possesses a working knowledge of Bank Secrecy Regulations, Fair Credit Acts and Anti-Money Laundering Laws.
• Makes sure that the bank’s policies and procedures are in line with all rules and regulations associated with mortgage and consumer lending and customer deposits.
• Researches questions and gray areas regarding banking rules and regulations and ensures that the institution does not break any laws.
• Implements and manages new rules and regulations when they are passed by state or federal governing bodies.
• Understands and enforces public interest and consumer protection laws.
• Offers advice to the Risk Management Department on compliance issues.

Job Requirements

• HND/BSc Degree in Finance, Accounting, Economics, Law and Business.
• 3-5 years’ experience as a Compliance Officer in a Financial Institution
• SEC registered