Apply for Cluster Compliance Manager at Union Bank
Apapa 1, Lagos, Nigeria, North Central, Yola
Job Summary
To promote a strong compliance culture that ensures adherence to the compliance framework, policies and procedures to prevent loss from non-compliance. The Cluster Compliance Manager is responsible for ensuring that the Bank is not used for the laundering of funds or financing terrorist and proliferation activities in the branch/ compliance cluster.
Job Locations
- Regions Cluster Names
- Lagos Apapa I
- Lagos Apapa II
- North Central Makurdi
- North East Yola
- North East Maiduguri
- North West Katsina
- North West Kaduna
- North West Sokoto
- South West Ibadan II
- South East Abia
- South East Owerri
- South South Delta
- South South Edo
Duties & Responsibilities
- Ensure compliance with key controls inherent in Bank’s policy and products.
- Enforce compliance with the Bank’s KYC, KYCB & EDD risk monitoring for branch transactions.
- Daily monitoring and review of account opening documentation in line with CBN KYC/KYCB policy.
- Carry out EDD for Limit increase requests and High Risk Customers.
- Daily monitoring and review of account closure and reactivation documentation.
- Ensure good record keeping and retrieval process as stated in the Bank’s policy.
- Implementation of AML/CFT/CPF programs at the cluster level.
- Escalate Suspicious transaction incidents in your respective branches immediately to the Chief Compliance Officer.
- Liaise with the business operations to obtain periodically required customer information and regulatory requirements.
- Track & ensure branch regulatory items e.g. licenses, permits are reviewed & renewed promptly.
- Provide feedback on customer investigations and “handhold” client potential exit process.
- Perform mandatory, targeted & ad hoc reviews to assess compliance with regulatory requirements & internal policies such as Whistle Blowing, Anti-Bribery & Corruption, and Sustainability etc.
- Liaise with local regulators, law enforcement and other government bodies and ensure good relationship with the same, including representing the Bank where required.
- Ensure an improved compliance culture by specifically improving the compliance risk assessment and compliance testing standards at the branch/cluster.
- Periodic review and assurance for timely rendition of branch regulatory returns.
- Periodic and timely management reporting on the clusters level of compliance.
- Conduct periodic compliance training for branches in the respective clusters.
- Review of deferral register.
- Review of Gift register.
- Perform other duties as assigned by Chief Compliance Officer.
Key Performance Indicators
- Regulatory liaison with Law Enforcement Agencies/Regulators and providing prompt feedback.
- Adherence to monthly trainings at the cluster (one training per month).
- Adherence to daily review of account opening documentation and providing relevant reports.
- Prompt response to request for account opening documentations and RFI.
- Internal Audit rating.
Job Requirements
- Minimum of 8 years’ experience in a bank / financial institution
- A good first degree in any discipline
- Relevant master’s degree will be an added advantage
- DCP/ACIN, CAMS, and other relevant compliance certification will be an added advantage
- Minimum of 8 years’ experience in a bank / financial institution
Key Competency Requirements
- Comprehensive Banking Operations/Credit (Domestic Foreign) skills
- Comprehensive Treasury skills
- Fraud and Operational Risk knowledge
- Policy and Regulation interpretation and implementation
- Banking, Insurance and Financial services knowledge
- Extensive working knowledge of Microsoft word, Excel and Power point, Intranet Mailing facility and Flexcube
- Analytical and Investigation skills
- Auditing and Accounting skills
- Oral and written Communication skills
- Administration
- Leadership / Influence
- Team building / Conflict management
- Organization and coordination skills
- Coaching and Training
Applications should be sent to talents@unionbankng.com
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