Branch Compliance Officer

About the role

Standard Bank Group, an Africa-focused financial services group, is hiring a full-time Branch Compliance Officer in Yola. The role ensures that the branch and its cluster comply with Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) laws and the bank's own rules, and supports the bank's compliance risk management strategy.

Key responsibilities

• Monitor and enforce regulatory compliance and the bank's rules within the branch/cluster, and resolve compliance issues promptly in line with regulatory requirements and internal policies, liaising with Head Office as needed.
• Support the implementation of all applicable compliance and AML/CFT programmes at branch level.
• Prepare compliance reports on time, document them adequately, submit a monthly branch compliance report covering breaches and issues, and report on KYC monitoring reviews and critical exceptions.
• Liaise with regulators, law enforcement agencies and other government bodies, maintain good relationships with them, and conduct visits where necessary; achieve zero infringement of processing letters from law enforcement agencies within the stipulated time.
• Proactively engage business on identified or perceived compliance and regulatory risks and propose solutions.
• Collaborate with business and give compliance risk management guidance during strategy planning and review sessions.

Required profile

• BSc in Social Science or a related field.
• Relevant professional certification is an added advantage.
• In-depth knowledge of applicable regulations and internal compliance policies and procedures.
• Understanding of the nature of banking business and products.
• Ability to turn an understanding of business needs and operations into risk management solutions.

Required skills

• Evaluation of internal controls
• Financial acumen
• Knowledge of the financial industry regulatory framework and legal compliance
• Process governance and risk awareness