Responsibilities:

AML / CFT / Sanction compliance 📍Ensure effective AML/CTF/Sanction compliance throughout the business. 📍Identify AML/CTF/Sanction risks associated with the business practices, products and services. 📍Monitor developments and new trends in the Nigerian AML/CFT/CPF framework. 📍Maintain and further development of AML/CTF/CPF Sanction policy, program, practices and procedures in order to be in compliance with the current regulation, requirements of external partners and best practices.

Regulatory compliance

📍Ensure that the business meets its regulatory requirements and mitigate AML/CTF/CPF Sanction risks to avoid breaches, fines, and regulatory sanctions. 📍Assess the effectiveness and adequacy of the policy, procedures and controls through regular or special AML audits. 📍Assess internal trends, external regulatory & law enforcement environment to make recommendations, understand risk areas and alter or add to current processes. 📍Prepare periodic reports to the Board, management and regulatory bodies, e.g. Annual and semi-annual AML/CTF /CPF compliance officer Report, annual AML Risk Assessment Report, annual AML program, etc. 📍Assist with regulatory inquiries and inspections, internal and external audits. 📍Assist with development and adaption of the internal system and other utilized systems for AML purposes. 📍Be responsible for periodic regulatory reports or returns on AML/CFT/CPF matters to the CND and any other regulator within the financial system. 📍Provide advice and assistance to other functions dealing with AML/CTF/CPF Sanction related matters.