Branch Compliance Officer

Job title : Branch Compliance Officer

Key Responsibilities

Strategy:

• Provide timely regulatory advice and recommendations on key issues for the branch.
• Ensure AML regulations, policies and requirements are clearly communicated to branch staff.
• Provide support to the branch in complying with the new and changing regulations, as well as Group policies and standards.

Business: 

• Provide general Customer Due Diligence (CDD) advisory to the branch and ensure the Bank operates in accordance with the relevant laws, regulations and Group policies in relation to KYC/CDD.
• Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions as it relates to the branches. 
• Assist the Head of Compliance to ensure that the procedures, and controls in place are operating effectively to mitigate money laundering risk. 

Processes: 

• Coordinates and performs Branch Reviews and Reporting
• Prepare and send Management Information (MI) to Country, Head Compliance on the activities within the branch. This includes reporting of trends and risks (both existing and emerging) for management actions and decisions

Risk Management:

• Adherence to laws and regulations, internal risk and compliance policies and the Group Code of Conduct
• Timely reporting and escalation of existing and emerging Compliance Risk issues
• Completion of all mandatory risk and compliance training including e-learning
• Proactive identification and reporting of risks and concerns.
• Mitigation of risks and resolution of issues in a timely manner including developing suitable controls and measuring their effectiveness

Governance:

• Provide oversight over the branch and ensure adherence to local, national and international laws and the requirement that the branch staff show integrity and honesty in all their dealings.
• Propose compliance improvements, enhancements and simplifications where appropriate.
• Assist in the implementation of the bank’s co-ordinated strategy for managing issues surrounding governance, enterprise risk and corporate compliance with regards to regulatory requirements
• Embed the Group’s values and code of conduct, to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.

Regulatory & Business Conduct:

• Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders:

Internal:

• Regional Branch Managers
• Branch Managers
• Branch Operations Managers
• Client On-boarding team
• WRB Operations
• Country Head of FCC
• Head, Wealth & Retail Banking 

External:

• Central Bank of Nigeria
• Nigeria Deposit Insurance Corporation
• Economic & Financial Crime Commission
• Nigeria Police Force
• Department of State Securities
• Code of Conduct Bureau
• National Assembly

Other Responsibilities:

• Embed Here for good and Group’s brand and values in the branch
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience:

• Business Ethics
• Effective Communication
• Industry Knowledge
• Internal Control
• Risk Management

Qualifications

• Academic Qualification
• ACAMS; ACIN will be added advantage
• English Language

What we offer

• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.