Head, Compliance At Hope Payment Service Bank

KEY RESPONSIBILITIES:

• Develop, implement and review AML/CFT/CPF policies and procedures, ensuring alignment with laws, regulatory requirements and international best practices.
• Supervise the review and investigation of suspicious transactions/activities and reporting to relevant authorities, such as the Nigerian Financial Intelligence Unit (NFIU).
• Develop and deliver in-house AML/CFT/CPF training to raise awareness among employees.
• Ensure the implementation and management of Targeted Financial Sanctions and PEP screening processes.
• Ensure the implementation of Know Your Customer (KYC), ensuring customers meet regulatory KYC requirements
• Implement effective Customer Due Diligence (CDD) processes and Enhanced Due Diligence (EDD) for high-risk customers
• Support regulatory and external audits, maintain compliance exception tracker and ensure timely closure of observations.
• Liaise with regulators, external auditors, and other relevant stakeholders on compliance matters.
• Develop and maintain compliance rule book to track and ensure compliance with all applicable regulations and legislations
• Provide compliance reports to Board and Executive Management.
• Develop mechanism, monitor and analyze ML/TF/PF emerging trends and typologies, ensuring that the Bank have adequate preventive measures to protect its system from being used as a conduit for financial crimes.
• Collaborate with relevant departments to ensure that ML/TF/PF controls and mitigation measures are in place and effective.
• Ensure the conduct of ML/TF/PF risk assessment of the bank and generate report for Management and the Board.
• Promote a strong culture of compliance, accountability, and ethical conduct across the Bank
• Lead, supervise, and develop the Compliance team.

EDUCATION:

• Bachelor's degree in accounting, Banking and Finance, Economics, Business Administration, Law Risk Management, or a related discipline. A master's degree is an added advantage.
• Professional certification in Compliance, Risk Management, Anti-Money Laundering, or related fields (e.g., DCP, ACAMS, ACA, CISA, CRCMP) is an added advantage.
• Evidence of continuous professional development through relevant training, seminars, workshops, and regulatory certification programmes.

SKILLS NECESSARY FOR JOB FUNCTION:

Strong knowledge of regulatory compliance requirements, AML/CFT/CPF regulations, digital payments processes and systems, banking regulations and industry standards.

• Compliance monitoring, testing, and risk assessment skills.
• Strong analytical, investigative, and problem-solving abilities.
• Excellent report writing, documentation, and record management skills.
• Good understanding of internal controls, corporate governance, and risk management principles.
• Strong attention to detail and ability to identify compliance gaps and regulatory breaches.
• Effective communication, presentation, and stakeholder management skills.
• Ability to interpret regulations, policies, and procedures and provide sound compliance advice.
• Proficiency in Microsoft Office applications and compliance monitoring tools.
• Ability to work independently, maintain confidentiality, and demonstrate high ethical standards.

EXPERIENCE:

• Minimum of 8-10 years\' relevant experience in compliance, risk management, internal control, audit, or regulatory functions within the financial services industry especially in banking, microfinance, fintech, or another regulated financial institution will be an added advantage.
• Experience in compliance monitoring, regulatory reporting, AML/CFT/CPF reviews, and regulatory examination support.
• Practical knowledge of implementing compliance policies, procedures, and control frameworks.
• Experience in identifying, assessing, and reporting compliance risks and breaches.
• Experience in engaging with regulators, auditors, and internal stakeholders on compliance-related matters.
• Experience in digital payments processes and systems, banking regulations and industry standards.