Anti-Money Laundering (Sanction Compliance Officer)

Legal Services

Lagos

We are looking to hire a suitable candidate to fill this position. Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) activities and related tasks in the enterprise. Ensure CBN regulations relating to AML/CFT are adhered to.

• Minimum Qualification: HND
• Experience Level: Senior level
• Experience Length: 5 years

• New Merchant on-boarding and documentation review to ensure compliance with the minimum KYC requirements as stipulated by the CBN and AML/CFT (Anti-Money Laundering/Combatting the financing of Terrorism) assessment of the Merchant to ascertain the merchant’s risk exposure.
• AML/CFT Awareness Campaign and training of staff on regulatory guidelines.
• Review of Merchant Service Category (MSC) Changes which involves investigation of unapproved upgrade or modification of merchant services.
• Monitoring of high-end transactions on the Agency network and PayAttitude platform to report peculiar and evolving trends of user activities and to identify AML/CFT concerns and breaches (if any).
• Populating the AML register and Reporting of suspicious money laundering activities to identify peculiar AML/CFT concerns and provide reports gotten from all monitored transactions.
• Monthly regulatory report of suspicious transactions as it relates to PEPs and report rendition to regulators.
• Periodic review and investigation to check merchant's compliance with regulatory processes predominantly bothering on KYC documentation changes. Analysis of merchant Enhanced Due Diligence (EDD) rating to ascertain their level of compliance

• A graduate from a Reputable University/Polytechnic in social sciences, business administration, Computer science and Engineering discipline
• Knowledge of Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) and related activities, CBN regulations relating to AML/CFT

22 Apr, 2024