The role supports the Head of Compliance in ensuring the bank adheres to AML/KYC regulations, internal policies, and international compliance best practices. It functions as an independent body for reviewing, evaluating, and mitigating compliance risks, ensuring regulatory adherence at all levels.

2. Job Context & Key Competencies

• Strong understanding of compliance risks and mitigation strategies.
• Awareness of Ecobank’s strategy and operational landscape.
• Attention to detail and ability to identify risks and control weaknesses.
• Knowledge of legal, regulatory, and financial industry requirements.
• Ability to train and educate staff on compliance issues.
• Strong integrity, accountability, and results-driven approach.

3. Key Responsibilities

Regulatory Compliance & Advisory

• Provide guidance on AML/CFT laws and regulations at local, regional, and international levels.
• Support the Head of Compliance in ensuring regulatory adherence across the organization.
• Monitor and ensure compliance with AML/KYC rules, regulations, and policies.
• Implement the Group Compliance Manual, adapting it to local legal requirements.
• Ensure staff and management adhere to compliance frameworks.
• Advise the bank on best AML/CFT compliance practices.

AML/CFT Case Management & Monitoring

• Manage all AML/CFT cases, ensuring timely resolution.
• Review and monitor SIRON alerts (AML, Embargo, PEP, KYC).
• Conduct RT alert reviews and compliance screenings.
• Ensure daily and periodic monitoring of transactions, high-risk clients, and remittances.
• Maintain proper records of Suspicious Activity Reports (SARs).
• Ensure timely submission of Suspicious Transaction Reports (STRs) and Currency Transaction Reports (CTRs) to the Financial Intelligence Centre (FIC).

Compliance Monitoring & Risk Management

• Implement and adapt the Compliance Monitoring Plan (CMP) to legal and regulatory risks.
• Conduct branch and business unit compliance reviews.
• Ensure proper evaluation, investigation, and resolution of compliance concerns.
• Monitor the effectiveness of the compliance program and recommend improvements.
• Conduct annual reviews of Bureau de Change and high-risk clients.

Training & Staff Awareness

• Develop and conduct AML/CFT training for employees.
• Work with HR to implement effective compliance training programs.
• Conduct mandatory training for new hires and ongoing staff education.

KYC & Due Diligence

• Ensure client KYC documents are complete, updated, and regulatory compliant.
• Review AML/CFT clauses in agreements.
• Assess and review correspondent banking relationships and Swift exchange compliance.

Collaboration & Reporting

• Communicate compliance issues with other departments and provide resolutions.
• Support the Head of Compliance in preparing compliance reports for senior management and the Board.
• Recommend policy changes to enhance AML/KYC compliance.
• Investigate potential violations of AML/CFT policies, regulations, or procedures.

General Responsibilities

• Perform additional tasks as required to maintain regulatory compliance and operational efficiency.

4. Job Profile

Experience & Qualifications

• Minimum 5+ years in banking, finance, legal, audit, or compliance.
• Bachelor’s or Master’s degree in Finance, Accounting, Business, Legal, or related fields.
• Strong background in AML/CFT regulations (local, regional, international).
• Experience responding to regulatory agencies, external consultants, and courts.
• Ability to manage organizational and regulatory changes effectively.

Skills & Personal Attributes

• Strong interpersonal and communication skills.
• Excellent analytical and problem-solving abilities.
• Organizational skills with attention to compliance efficiencies.
• Ability to work under pressure and in a fast-paced environment.
• Strong adaptability to changing regulatory landscapes.
• Proficiency in computer applications for compliance monitoring.
• Self-motivated and results-oriented approach.