Head of Compliance

Hotnigerianjobs.com

Head of Compliance

Location: Lagos

Employment Type: Full-time (On-site / Hybrid)

Key Responsibilities

• Develop, implement and maintain the Bank's compliance framework, policies and procedures.
• Ensure compliance with CBN regulations, BOFIA, CAMA, NDPA, NDIC, NFIU, AML/CFT and other applicable regulatory requirements.
• Oversee KYC/CDD processes, customer onboarding, transaction monitoring and suspicious activity reporting.
• Monitor regulatory developments, assess compliance risks and advise Management on necessary changes.
• Conduct periodic compliance risk assessments and investigate breaches, recommending appropriate corrective actions.
• Review and validate regulatory returns, statutory filings and other compliance reports before submission.
• Liaise with regulators and coordinate regulatory examinations, audits and inquiries.
• Provide compliance guidance on business operations and new product initiatives.
• Oversee data protection and privacy compliance, staff compliance training and remediation of auditor regulatory findings.
• Prepare and present periodic compliance reports to Management and the Board.

Requirements

• Bachelor's Degree in Law or a related discipline; Master's degree is an advantage.
• 6-9 years' experience in compliance, regulatory affairs or risk management within banking, or including at least 4 years in a leadership role.
• Strong knowledge of CBN and MFB regulatory requirements, BOFIA, CAMA, NDPA, NDIC, NFIU and applicable anti-money laundering laws.
• Experience with KYC/CDD, AML/CFT controls, SCUML reporting and FRC requirements.
• Experience drafting and reviewing legal agreements and contracts.
• Proficiency in compliance monitoring systems, Microsoft Office and data analysis tools.
• Strong leadership, analytical, communication and stakeholder management skills.
• Professional compliance certification such as DCP, CCEP or CCO is an advantage.

Application Closing Date

Not Specified.