Money Laundering Reporting Officer & Compliance Manager at Optimus Bank

Job Description

Are you an experienced Professional in the Money Laundering and Compliance Field seeking a more challenging role? 

We have an exciting opportunity for you!

Responsibilities Include:

• Periodic review of the Bank’s policies to ensure adequacy and effectiveness in mitigating risks
• Reviewing and advising on all laws, regulations, circulars, and policies issued by regulatory agencies. Creating awareness and training for staff on all new regulations, laws, policies, and procedures of regulators.
• Monitoring compliance with the Code of Corporate Governance obligations of the Bank.
• Monitoring compliance with all laws and regulatory guidelines both local and international, adopted by the Bank.
• Periodic review and risk assessment of the Bank’s products and services to ensure compliance with regulations.
• Monitoring and advising on issues related to record keeping and retention of records of customers’ transactions.
• Supervise the monitoring of transactions reported by various business units and those captured by systems and tools deployed by the Bank.
• Managing the rendition of all regulatory reports and returns in relation to AML/CFT compliance.
• Managing, monitoring, and reporting Higher risk customers issues and transactions, such as PEPs and FEPs. 
• Managing and monitoring issues related to KYC implementation.
• KYC/AML questionnaire preparation and management for correspondent banks and FIs/OFIs.

Education/Qualification

• Bachelor's degree in Business, Finance, or related field
• ACAMS/ADVANCED ICA

Experience

• 10-15 years in banking with several years in a leadership role in compliance

Skills/Competencies

• Good communication skills
• Analytical thinking & Report Writing skills
• Knowledge of relevant regulations, internal policies and SOPs
• Organizational skills
• Relationship and people management
• Knowledge of best practice & Local Extant Regulations
• Knowledge of Banking Operations
• Regulatory policy interpretation