Internal Risk and Compliance Officer at a Reputable Banking Institution - Willers Solutions Limited

Willers Solutions Limited - Our client, a reputable firm in the banking sector, is recruiting to fill the position below:

Job Title: Internal Risk and Compliance Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• The role is to ensure the Bank’s risks are properly managed, the development and implementation of risk and compliance strategies or programs to find appropriate balance in all forms of credit and operational risks while also ensuring regulatory compliance. The main areas of this are:
  • Risk Management (credit and non-credit risk)
  • AML (Anti Money Laundering)
  • Enterprise Risk
  • Fraud Prevention and detection
  • Business Continuity
  • Compliance.

Responsibilities

• Oversee and enforce risk management policies, including Credit Manual, Anti-Money Laundering (AML) Manual and Policy, and monitor compliance with these policies.
• Develop appropriate Risk Management strategies/tools and disseminate appropriate risk management practices in line with developments in business products, change in clients, markets/industry, laws and regulations.
• Own and ensure that the KYC/AML & CTF policies are kept up to date in line with CBN’s / FATF regulations.
• Ensure that Members of Staff are familiar with the KYC/AML & CTF regulations pertinent to their jobs.
• Carry out internal training / refresher training for all staff to ensure that they are suitably trained.
• Provide an independent review of proposed business plans which include risks identified to the Board Risk Committee and Executive Committee.
• Manage a comprehensive KYC/AML/CTF Compliance program for the company in line with local regulations and internal policy requirements.
• Developing systems to generate a robust system to identify, monitor, manage and control credit, market and operational risks.
• Act as the champion of risk management for the Company and help improve Management team understanding of key risk identification, assessment, monitoring and reporting and mitigation.
• Monitor and manage the performance and development of direct reports.

Requirements

• HND / B.Sc Degree in Finance / Economics / Business Administration, etc. from a reputable University. Post graduate degree an added advantage
• Minimum of 3 years working experience in risk management, internal control or audit in financial services industry/sector.
• Experience of development of policy documents added advantage
• Highly proficient with MS Office and Excel.

Application Closing Date
31st December, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using "Internal Risk and Compliance Officer" as the subject of the mail.