Responsibilities:

Work with the HR department to render annual employee conduct on AML to CBN/NFIU.
Work with the concerned department on timely remittance/dues of the following on a monthly and annual basis: PENSION, NHF, NSITF, PAYE, WHT, VAT, (CIT, NAMB, ITF, NDIC Report premium)
Proper filing of all correspondences
Weekly review of waivers and deferrals on account opening.
Ensures branches achieve high-level compliance as regards operational & credit policies of the bank and maintain a high standard of service delivery, including branch visitation.
Works with the Human Resources Department and others as appropriate to develop an effective compliance training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
Monitors the performance of the Compliance Program and related activities continuously, taking appropriate steps to improve its effectiveness.
Prepares regulatory reports for the management and regulators.
Prepares and files the following report.
Weekly/monthly currency transaction report/Anti-money laundering report to NFIU/NDLEA
Fraud and forgeries in monthly returns to CBN/NDIC
Politically exposed persons to NFIU, NDLEA, and CBN
Suspicious transaction to NFIU (on a need basis)
Monitor the complaint register bank-wide
To keep abreast of current regulations and regulatory management.
Ensures the KYC requirements are being met, inactive accounts are regularly monitored, and account opening, maintenance, and closing are properly authorized in line with the bank’s policies and approved by the internal control.