Team Member, Investigation Monitoring & Enforcement at United Bank for Africa Plc (UBA)

United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.

We are recruiting to fill the position below:

Job Title: Team Member, Investigation Monitoring & Enforcement

Location: Nigeria
Job Type: Full-time

Job Objective(s)

Ensure policy and regulatory compliance.
Provide compliance and advisory function services to management.
Raise the culture of Compliance in the bank.
To manage and support the bank’s compliance risk management strategy by monitoring and enforcing regulatory compliance and compliance with the bank’s laid down rules.
Be involved in helping Cluster Compliance Officers in ensuring compliance with the external and internal rules guiding the bank across the various cluster arrangement.
Promote initiatives to ensure compliance with the bank’s laid down policies/rules in order to enhance the compliance culture in the bank through spot checks, regular risk based reviews etc.
Be involved in the activities of Cluster Compliance Officers to organize and facilitate AML training sessions, enforcing complete documentation/ applying adequate KYC controls, investigations and handling of unusual/suspicious transactions, records keeping.
Assist Cluster Compliance Officers to respond to and close out enquiries on Compliance HelpDesk, respond to enquiries from regulatory and law enforcement agencies, review questionable transactions referrals (QTRs) from BOs.
Ensure Cluster Compliance Officers submit spot check reports etc to the Chief Compliance Officer are received as planned. etc.
Monitor regulatory changes, level of compliance to Internal and External regulations by through monthly incidence reporting.
Facilitate in Compliance training.
Monitor transactions according to Policy.
Dispose Actimize alerts.
Track Compliance & AML Audit Review comments of the subsidiaries and Group Compliance to ensure that corrective actions are implemented and escalate to Chief Compliance Officer when necessary.
Track Regulatory Compliance examination comments of the subsidiaries and Group Compliance to ensure that corrective actions are implemented and escalate to Chief Compliance Officer when necessary.
Other ad hoc tasks.