Compliance Officer - Microfinance Bank

About the role

A microfinance bank is looking for a detail-oriented, ethical and proactive Compliance Officer to make sure its operations comply with banking laws, regulatory requirements, internal policies and industry standards. The post holder monitors compliance activities, identifies regulatory risks, supports internal audits and ensures adherence to the guidelines of the Central Bank of Nigeria and other financial regulators. The work is full-time, Monday to Friday, based in New Kenyatta, Ugwuaji Enugu, with a stated net monthly salary of N250,000.

Key responsibilities

• Monitor operations against applicable laws, CBN regulations and internal policies.
• Develop, review and implement compliance policies, procedures and internal controls.
• Ensure adherence to AML, CTF and KYC requirements.
• Carry out periodic compliance reviews and identify regulatory breaches or operational risks.
• Prepare and submit regulatory reports and returns on time.
• Track changes in banking regulations and advise management on their implications.
• Investigate breaches, document findings and recommend corrective actions.
• Collaborate with internal audit, risk management and operations, and support regulatory examinations, internal audits and external inspections.
• Deliver compliance training and awareness sessions for staff and keep accurate records of compliance activities and audit findings.

Required profile

• Bachelor's degree in Accounting, Finance, Banking and Finance, Business Administration, Law or a related field.
• 3-5 years of experience in compliance, risk management, internal control or regulatory affairs in banking or financial services.
• Good knowledge of CBN regulations and AML/CTF/KYC procedures; professional certifications in compliance or risk management are an added advantage.
• Strong analytical, investigative and problem-solving skills, excellent written and verbal communication, and a high level of integrity and confidentiality.

Required skills

• Regulatory knowledge and compliance monitoring
• Risk assessment and internal control
• Report writing and documentation
• Microsoft Office proficiency