Risk and Compliance Manager at Guaranty Trust Holding Company Plc(GTCO)

As Risk and Compliance Manager, you will work in a team responsible for developing a comprehensive regulatory compliance framework. Your team is responsible for implementing and maintaining processes, systems and controls to ensure our compliance across multiple jurisdictions. The ideal candidate will come from “start-up” like environments, be mission-driven, a clear communicator with a solid background in the payments space.

Job Duties and Responsibilities.

• Safeguard the company from non-compliance with laws and regulations and protect it from using resources for illegal activities (AML, KYC, CF, OFAC etc.)
• Establish, implement, and manage compliance policies, procedures, and monitoring throughout the organization to ensure that the compliance program is effective and efficient in identifying, preventing, detecting, and correcting non-
• compliance with internal policies and regulatory requirement.
• Monitor implementation of regulatory recommendation, audit exceptions and regulatory changes.
• Risk based merchant monitoring and reviews of compliance control.
• Monitor alerts generated from merchant monitoring Tools
• Monitor and investigate all sanctions generated alerts
• Investigate compliance breaches
• Remain up to date on laws, regulations, circulars issued by regulators.
• Carry out target review of KYC compliance
• Coordinate responses to regulatory letters i.e EFCC, CBN, NDLEA
• Interface with key regulatory agencies (with exclusion of CBN liaison
• Co-ordinate all regulatory invite to staff
• Conduct Due Diligence on merchant’s Activity.
• Regulatory reporting and filing of SAR/STR on goAML
• Work closely with internal functions including Disputes, Recoveries, Customer Service, and Fraud Operations.
• Prepare summary reports on breaches, newly released circulars, and activities for the week.
• Other functions assigned by the Head of Risk and Compliance

Requirements

• A Bachelors' degree in Law, Finance or associated courses from an accredited university
• You have at least 4 years cumulative risk and compliance experience,
• You have an experience working in Fintech or Bank.,
• You have experience working with KYC/AML requirements in Nigeria,
• You have experience working with regulators, especially CBN.
• You understand card scheme regulations on card processing
• You have critical problem-solving skills
• You can thrive, adapt and embrace change in rapidly changing regulatory environments
• You have an excellent sense of judgment – able to help steer the company to balance innovation and growth with regulatory