Head of Compliance, Nigeria (Country Compliance Officer and Money Laundering Reporting Officer)

 

Join a dynamic team where your expertise in compliance will shape the future of banking operations in Nigeria. This role offers the opportunity to lead regulatory risk management and ensure our business meets the highest standards. You will be at the forefront of adapting to evolving regulations and collaborating with senior leaders. Make a meaningful impact by safeguarding our organization and supporting our growth. If you are passionate about compliance and thrive in a fast-paced environment, this is the role for you.

Job Summary:
As a Compliance Leader in our Banking Operations team, you ensure that we operate in full alignment with regulatory requirements and best practices. You drive the development and implementation of compliance policies, support risk management, and foster a culture of integrity. You collaborate with senior management and regulatory bodies, making a real impact on our business. Together, we build a robust compliance framework that supports our continued success.

 

Job Responsibilities:

  • Ensure operations comply with all relevant laws, regulations, and guidelines issued by the Central Bank of Nigeria
  • Monitor regulatory changes and communicate implications to senior management and relevant teams
  • Oversee timely submission of regulatory returns and reports to authorities
  • Develop, review, and update compliance policies and controls in line with CBN requirements
  • Support self-assessment of compliance controls and processes, ensuring robust risk management
  • Conduct regular compliance risk assessments and report findings to the Board and CBN
  • Design and deliver compliance training programs for staff, emphasizing regulatory requirements
  • Conduct periodic compliance monitoring activities and reviews
  • Prepare and present compliance reports to senior management, the Board, and regulatory authorities
  • Review escalations of potential compliance breaches or suspicious activities, ensuring prompt reporting and remediation
  • Liaise with regulatory bodies and external stakeholders on compliance matters

Required Qualifications, Capabilities, and Skills:

  • Bachelor’s degree in Law, Finance, Business Administration, or related field
  • Professional certification in compliance (such as CAMS, CCEP, Compliance Accreditation)
  • Minimum 15 years post-graduation experience
  • At least 13 years in the banking industry
  • At least 2 years in a senior management function
  • In-depth knowledge of CBN regulations, guidelines, and reporting requirements
  • Strong leadership, analytical, and communication skills in English
  • Knowledge of UK AML regulation and guidance, USA PATRIOT Act, Bank Secrecy Act, EU Money Laundering Directives, and AML regulations issued by EU and US authorities
  • Knowledge of global sanctions programs, including OFAC and UK Treasury programs
  • Solid understanding of markets and banking products and services
  • Excellent organizational, analytical, planning, problem-solving, and decision-making skills

Preferred Qualifications, Capabilities, and Skills:

  • Master’s degree in a relevant field
  • Experience in leading compliance teams in multinational financial institutions
  • Proven track record in managing complex regulatory environments
  • Experience in stakeholder engagement with regulatory bodies and industry forums
  • Advanced research and report-writing skills
  • Experience in developing compliance training programs
  • Strong interpersonal and relationship management skills with senior management
Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...