Sterling Alternative Finance Conduct & Compliance Officer at Sterling Bank

Job Summary

• Responsible for compliance to Rules, Regulations, Policies, Guidelines of Sterling Alternative Finance across departments, activities and transactions.

Job Description

• Responsible for the coordination of CBN/NDIC examination
• Ensure shariah compliance on all classes of credit facilities before disbursement by Credit Administration
• Manage disbursed SAF facilities to ensure compliance with shariah post conditions
• Ensure invested funds are recouped and underlying investments are shariah compliant.
• Ensure income Assurance on consummated transactions such as Mudarabah deposits and other NIB transactions and activities
• Ensure that the AltMall facilities are paid down without outstanding PDOs.
• Ascertain propriety of expenses processed and check for abuses such as authorization of transactions above limit, non-compliance with policies
• Review investment for shariah compliance and ACE approval before disbursements

Requirements

• Minimum of First Degree in Accounting or any related field.
• Knowledge of Shariah - Islamic Commercial Jurisprudence
• 1-4 years’ experience in an Accounting related field in a Financial Institution.