Compliance Officer at Optimus Bank Limited

⏲ Jan 21, 2025, 4:58 AM
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Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Abuja
Job Type: Full time

Job Description

Reviewing published regulations, circulars, laws and directives, breaking them down and identifying the section that impact upon the Bank’s business;
Periodic review and risk assessment of the Bank’s products, services and vendors to ensure compliance with regulations;
Preparing training manuals and facilitating trainings on AML/CFT compliance for the Bank’s employees;
Monitoring of escalated or suspected trade transactions for AML/CFT concerns;
Risk-based review of trade transactions processed by settlement units;
EDD and KYC on High Risk customers such as Gaming Entities, Bureau De Change (BDC), PEPs;
KYC and EDD for Foreign Financial Institutions;
To receive, time stamp and log into the compliance register and closing out of all LEA and Regulatory correspondence;
Preparations of Management reports on the activities of The Legal and Regulatory activities for the period under review. Monthly, Quarterly
Ensure daily monitoring of transactions on AML Software, desktop reports / internally developed alert systems, escalated mails from back office and e-STR portal.
Prompt detection, identification and reporting of STRs;
Managing and rendering CTR, FTR and STR reports to regulators;
Managing and rendering monthly, quarterly, half-yearly and end of year reports.
Monitoring of business units/groups responsible for rendering reports (statutory renditions) on behalf of the Bank to regulators and law enforcement agencies;