Compliance Officer at RavenPay Limited

Responsibilities

Regulatory Compliance:

• Monitor and ensure compliance with all relevant Nigerian banking laws, regulations, and industry standards, including the Central Bank of Nigeria (CBN) guidelines.
• Conduct regular compliance reviews and audits to identify potential risks and ensure adherence to regulatory requirements.
• Develop and implement compliance policies, procedures, and internal controls to mitigate risks and prevent non-compliance.
• Provide guidance and training to staff on compliance matters.

Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF):

• Develop and implement AML/CTF policies, procedures, and controls in line with international standards.
• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) as required.
• Monitor transactions for suspicious activity and report any potential money laundering or terrorist financing activities to the relevant authorities.
• Coordinate with law enforcement agencies and regulatory bodies as needed.

Risk Management:

• Identify, assess, and manage compliance risks associated with the bank's operations.
• Develop and implement risk mitigation strategies to minimize compliance-related losses.
• Monitor and report on compliance risk indicators.

Governance:

• Assist in the development and implementation of the bank's governance framework.
• Provide advice and support to the board of directors and management on compliance matters.
• Ensure that the bank's compliance function is adequately resourced and supported.

Qualifications and Experience

• Bachelor's degree in law, finance, or a related field.
• Certification in compliance (e.g., Certified Anti-Money Laundering Specialist (CAMS)) is preferred.
• An experienced compliance officer within the financial services industry, preferably in a microfinance bank.
• Strong understanding of Nigerian banking regulations and industry best practices.
• Proven experience in developing and implementing compliance policies and procedures.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.

Compensation

• Competitive salary
• Health Insurance (family cover)
• Retirement benefit.
• Learning and Development