Officer, Branch Compliance Job at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

We are recruiting to fill the position below:

Job Position: Officer, Branch Compliance

Ref ID: 80439133A-0001
Job Location: Port Harcourt, Rivers
Employment Type: Full-time 

Job Description

• Ensuring compliance with the relevant Anti-Money Laundering and Combating the Financing of Terrorist (AML/CFT) and legislations governing related activities.
• Monitoring transactions of customers to determine whether the transactions are in line with the customers’ profile else probe further.
• Monitoring of sanctions and Politically Exposed Persons (PEP) alerts timely. Investigation of suspicious and unusual logged customers’ activities within agreed timeline on remedy.
• Review and escalation of Suspicious transaction reports through Team Lead, AML/CFT, Compliance Manager to the Chief Compliance Officer.
• Continuous training and awareness creation of evolving and current AML/CFT issues. Providing advisory support to the branches on know Your Customer (KYC) issues/enquiries for optimal risk management
• Assist and advise on the process of identifying and monitoring PEPs and other targeted high-risk persons and entities

Qualification

• Minimum of First Degree

Behavioural Competencies:

• Team Working
• Proactive Problem Identification and Solving

Technical Competencies:

• Use of technology and innovation in ensuring compliance 
• Knowledge of regulatory requirements and risk management.