Providus Bank Plc, a leading Personal and Private commercial bank in Nigeria renowned for its robust IT infrastructure and digital channels supporting fin-techs and businesses, is currently seeking qualified candidates to fill the position of Cluster Compliance Officer.
Job Title: Cluster Compliance Officer
Locations: Abuja, Lagos, Port Harcourt – Rivers, and Akure – Ondo
Employment Type: Full-time
Job Summary: The Cluster Compliance Officer will play a crucial role in ensuring adherence to all regulations governing banking operations within the branch/cluster. This includes analyzing risks, reviewing compliance issues, and maintaining a strong control environment across the bank. The primary focus will be on daily reviews of branch activities, risk-based assessments, liaising with branches to resolve compliance issues, and conducting regular training on AML/CFT and other compliance-related areas.
Responsibilities:
- Conduct daily reviews of branch activities, assessing compliance with regulations and AML/CFT programs.
- Perform risk-based reviews of newly opened accounts, ensuring completeness of documentation and accuracy of customer information.
- Liaise with branches to resolve compliance and AML/CFT issues, managing ad hoc compliance projects as required.
- Monthly review of regulatory notices in branches, addressing exceptions noted.
- Conduct monthly training on AML/CFT and other compliance-related areas across the bank/branches.
- Track and report all cases of compliance breaches, evaluating implications on the bank’s business.
- Identify potential areas of compliance vulnerability through regular analysis, propose corrective action plans, and provide guidance on resolution and prevention.
- Daily review of compliance with regulatory requirements on customer profiling/risk rating and advise on Enhanced Due Diligence for high-risk customers.
- Review compliance with regulations and best practices on watchlist and PEPs screening during customer onboarding.
- Prepare Compliance awareness memos for monthly staff sensitization and collaborate with corporate communication for memo publication.
- Identify training needs and assist in developing and presenting compliance training sessions for all staff.
- Weekly reviews and reports on all forms of compliance breaches to the Chief Compliance Officer.
Requirements:
- Minimum of Bachelor’s Degree.
- At least 5 years of banking experience in compliance, internal control & operations.
- Professional Compliance Certification (CAMS, CRCMP, AND DCP) preferred.
- Knowledge and use of technology-based tools for controls and data security compliance.
- Knowledge of Internal Audit, Internal control, and compliance.
- Regulatory liaison and regulator audit management skills.
- Attention to detail, problem-solving abilities, and an understanding of risk & regulatory requirements.
Application Closing Date: Not Specified.
Method of Application: Interested and qualified candidates should Click here to apply online.