Transaction Monitoring Officer at Fidelity Bank

Qualification:

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

Experience:

• Minimum of 3 – 5 years working experience

Job Objective(s)

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

Duties & Responsibilities

• Obtain transaction information from IT, IOPs and Control in form of reports and alerts and analyze to determine extract transactions for further review, monitoring and investigation, 
• Monitoring, Unusual transaction, Government accounts to Personal Accounts in cash withdrawals/transfers.(NGN/FX) 
• Monitoring, Transaction involving NGO/NPO/Churches/Mosques (NGN/FX) 
• Monitoring of Huge Cash Lodgments/Huge inflows( NGN/FX) 
• Monitoring of company account doing large multiple transactions(NGN/FX) 
• Monitoring, High Volume of transactions within a short period.(NGN/FX) 
• Huge Cash Payments to BDC’s( NGN/FX) 
• Monitoring; Large and Structured payment into individual account.(NGN/FX) 
• Monitoring of HUGE Cash Withdrawals.(HGN/FX) 
• Monitoring of Multiple cash withdrawals from account (NGN/FX) 
• Review Huge Transaction into PEP accounts (NGN/FX) 
• Monitoring and Review of transactions of MTO’s (NGN/FX) 
• Monitoring and Review of transactions of WUMT/MoneyGram(FX) 
• Monitor wire transfer through SWIFT Sanctions screening and Acuity/ Ensuring Sanction individuals, entities and Nationals are filtered through the SWIFT Engine for Compliance action. 
• Return of FX Inflows and Closure of Accounts That Have Received Suspicious Funds 
• Monitoring and Conduct of Enhanced Due Diligence ( EDD) on customers /accounts 
• Conduct Compliance Investigation and prepare Compliance Investigation Report based on identified Suspicious Transactions red-flags,  
• Schedule and prepare Suspicious Transactions Reports (STR) and ensure they are filed to NFIU though their GoAML Portal, 
• Review and Monitor Customer with full change of Name and their BVN and schedule for proper report rendition. 
• Review of staff Account 
• 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.