Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.
We are recruiting to fill the position below:
Job Title: Team Member, Regulatory Liaison
Locations: Benin – Edo, Enugu, Port Harcourt – Rivers and Lagos
Employment Type: Permanent
Job Objective(s)
To assist the GCCO in ensuring prompt response to regulatory issues.
Ensure prompt rendition of regulatory reports
Zero regulatory sanctions
Responsibilities
Identify the relevant role players in accordance with business requirements and dependencies.
Build a cordial relationship with Law Enforcement Officers.
Compile a database of major role players among the agencies.
Manage relationships in accordance with policies, procedures and legal requirements within the allocated time frames.
Ensure to keep a proper record of enquiries from Law Enforcement Agencies.
Ensure that required information is collated and reviewed to be satisfactory.
Transmit such information and documents to the respective LEA.
Guide staff in honouring LEA invitations and giving evidence on behalf of the bank in courts.
Obtain and collate reports and inputs from the various other departments and Units.
Review data/inputs obtained from other departments and units.
Ensure that the various reports are prepared and that they meet standards.
Ensure that the reports are transmitted to the respective regulators.
Ensure that the TAT is met in rendition of these reports.
Identify such risks posed by high-risk customers in their KYC documentation and other requirements.
Ensure that complete documentation expected from the customers is obtained for high-risk customers.
Ensure that PEP customers are identified and rated high.
Participate in training staff within the group.
Ensure that staff abide by Group Policies and relevant laws as applicable.
Carry out enhanced due diligence on high-risk and high-profile accounts.
Investigate and clear transactions identified against specified watch lists.
Ensure that due diligence is conducted on transfers to high-risk countries.
Assist in the management of Compliance Helpdesk.
Render advisory support to staff through Compliance Helpdesk.
Provide support to Cluster Compliance Officers.
Assist in the automation of Compliance Process Application.
Qualifications
A minimum of Bachelor’s Degree
A minimum of 3 years of experience in operations, internal control or audit & compliance, external auditing, risk management
Candidate’s Profile:
Our ideal candidate must have knowledge of regulatory Liaison Mgt, strong knowledge of CBN policies and interpretation of Policies & law. Must possess strong interpersonal and communications skills.
Knowledge & Skills Required:
Knowledge of Regulatory Liaison Management.
Deep knowledge of the Bank’s Products, Services and Processes
Extensive knowledge of the bank’s policies and procedures
Knowledge of CBN’s policies and the business environment
Strong human interpersonal relationship and communications skills.
Good interpretation of policies and laws.
What We Expect From You:
High degree of professional ethics, integrity and responsibility.
Highly organised, proactive, ability to work independently and take ownership of tasks assigned.
Team player with the ability to work under pressure and ability to work with a wide variety of people and maintain an excellent business relationship.
High sense of confidentiality and discreteness.
What You Should Expect From Us:
Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards.
Whatever level you are at in your career, we offer plenty of opportunities and support to build a rewarding career at UBA.
Here in UBA, our employees are our greatest assets and so we built a recognition and reward system that boosts productivity and enhances staff retention, instituting a culture of meritocracy.
