Cluster Compliance Officer at Fidelity Bank

Qualification:

• Bachelor’s Degree in social science or humanities or HND with a Master’s Degree

Experience:

• Minimum of 3 – 6 years working experience

Job Objective(s)

• Ensuring compliance to regulatory guidelines and procedures in relation to Customer Onboarding & Customer Activity Monitoring

Duties & Responsibilities

• Generate and review customer deficiency report, which highlights completeness of customer information. 
• Review and follow up on account opening documentation for deficiencies 
• Review of accounts of Politically Exposed Persons (PEPS), Designated Non-Financial Businesses and Professionals (DNFBPs), etc 
• Carry out follow ups on Annual Due Diligence and Enhance Due Diligence on customers: 
  • Understanding Customers Risk Rating 
• Understanding the Compliance plan: 
  • Ensuring Compliance to Annual/Bi-Annual and Transaction based EDD 
• Generate Customer Deficiency Report (Data quality and integrity – To identify incomplete supply and capture of customer information). 
• Monitor FATCA compliance at branches. 
• Confirmation of Regulatory Display Items in branches 
  • Money Laundering Warning Poster 
  • Dud Cheque Warning Poster 
  • NDIC stickers (One Big and One Small) 
  • Portrait of the President and State Governors/Minister(FCT) 
  • Extract of the Bank’s latest financial report  
  • S553 of CAMA. 
  • Operating License 
  • Certificate of Incorporation 
  • FX Teller and Rate Board Etc 
• Advise, oversee, and train the branch staff on compliance related matters/issues. 
• Following up on non-response from branches to any Compliance related enquiries from Head Office relating the areas of coverage  
• Ensuring Compliance to on-boarding documentation and data for deficiency purposes in branches 
• Acting as the Liaison officer to Transaction Monitoring & Law Enforcement Teams in areas where these teams are not located. 
• Review of customers e-services enrollment 
• Follow up on internal and external audit branch reports and confirm compliance with noted exceptions  
• Monitor Compliance to the Rule Book and Relevant Regulations in branches. 
• Confirmation of compliance procedures for Dud Cheques, BVN, Address and ID Verification 
• Confirmation of AML/CFT Credit Assessment procedure in branches. 
• Adhoc Due diligence, enhanced due diligence, and review of unusual inflows and transaction amounts that suggest structuring/smurfing 
• Adhoc filing of STR on Suspicious Transaction or Activities 
• Confirmation of compliance to process flow to modification of customers’ phone Number and Email addresses in Finacle and SMS Portal. 
• Identification of New and Relocated Branches for proper Risk Assessment 
• Identification of New Relationships with IMTO and other Relevant Third Party Service Providers operating within coverage area for proper administration of EDD. 
• Review of Processed Money Transfers – Western Union, MoneyGram, RIA (IMTOs) 
• To ensure compliance to prompt preparation and submission of Regulatory Reports to the appropriate Regulators from branches under coverage areas 
• Any other task as may be assigned by the supervisor 

Experience / Skills

• Good written and oral communication skills. 
• Good interpersonal and relationship skills.  
• Excellent negotiation skills  
• Good reporting Skills 
• Risk Conscious 
• Independent & Assertive 
• Excellent knowledge of bank and regulatory procedures and policies  
• In-Depth knowledge of Banking Operations/Products 
• In-Depth accounting knowledge/background 
• In-Depth Total Quality Management 
• In-Depth Credit, operations, computer systems (Data Center), GIS, etc.