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
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion