SBU Compliance Review Officer

4 weeks ago


Lagos, Lagos, Nigeria First Bank Full time

DUTIES & RESPONSIBILITIES

  • Provide support to Team Lead, SBU Compliance Monitoring for compliance monitoring plan across the
    Strategic Business Units.
  • Assist in the review of the framework for ensuring prompt report renditions to regulatory authorities.
  • Assist in responding to regulatory enquiries and examination reports relating to the activities of Strategic
    Business Units.
  • Continuous monitoring of the adherence to the Compliance policies, applicable legal and regulatory
    standards, and assisting in enforcement as needed on SBUs.
  • Escalate recurring compliance issues/breaches to the Team Lead, Strategic Business Units Compliance Monitoring on monthly/quarterly for further follow-up and resolution /escalation.
  • Carry out and prepare investigation reports as the dictates of the compliance activities demands.
  • Participate in Compliance Risk Assessment workshop carried out by Compliance Conduct and Advisory Unit.
  • Carry out spot checks to test the effectiveness of processes/procedures put in place to ensure compliance with applicable laws, regulations and best practices.
  • Perform other duties and responsibilities as may be assigned.

JOB REQUIREMENTS

Education

  • First degree or equivalent in Law, Banking & Finance or related discipline

Experience

  • A minimum of 3 years' experience working in compliance or related areas in financial services
  • Experience of implementing and advising on compliance programmes.


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