Requirements

Education

• Master's or bachelor degree in finance, accounting, business management, legal or another related field.

• Ideally holds professional qualification e.g. CIA, ACA, ACAMS (USA).

Experience

• Three to five years experience in financial services or banking.

• Background in legal, accounting or audit

• In-depth knowledge of local/regional financial regulatory requirements.

• Ability to manage changes

• Ability to understand, interpret and adapt legal and regulatory requirements to the business

• Must be able to respond to inquiries from regulatory agencies, courts, and external consultants

Requirements

Education

• Master's or bachelor degree in finance, accounting, business management, legal or another related field.

• Ideally holds professional qualification e.g. CIA, ACA, ACAMS (USA).

Experience

• Three to five years experience in financial services or banking.

• Background in legal, accounting or audit

• In-depth knowledge of local/regional financial regulatory requirements.

• Ability to manage changes

• Ability to understand, interpret and adapt legal and regulatory requirements to the business

• Must be able to respond to inquiries from regulatory agencies, courts, and external consultants

• Provide advice on laws, regulations to the bank and ensure its compliance with the related requirements

• Prevent unethical, illegal or improper conduct in the Bank.

• Ensure that staff, management and board of directors comply with the rules and regulations

• Be part of the Bank Management Committee

• Adhere to the Compliance Charter.

• Implement the Group Compliance Manual and adapt it to local risks and legal and regulatory requirements.

• Ensure that Compliance Manual is available to all Staff and its requirements implemented in operational procedures

• Implement the Group Compliance Monitoring Plan (CMP) and adapt it to local risks and legal and regulatory requirements.

• Perform reviews planned by the CMP and perform planned reviews. Report finding to Management and Group Compliance.

• Liaise with Group Internal Audit, Internal Audit and Internal Control en ensure that their recommendations are implemented.

• Monitor evolution of the legal and regulatory framework and make impact analysis for the business. Ensure that, further to news changes, policies and operational procedures are updated accordingly.

• Communicate changes which may help to improve or comply with laws and regulations, best practices recommendations and internal policies pertinent to team members and impacted persons.

• Ensure and review implementation of requirements related to new law or regulations.

• Advice business on specific compliance matters.

• Monitor and advise on all marketing documents and communication.

• Report potential issues, new business and publications on a monthly basis to Management and Group Compliance.

• Ensure liaison with local regulators, Group Internal Audit (GIA), Group Risk, Group Internal Control, Group Legal, External Auditors and Lawyers.

• Prepare Compliance reports to Senior Management and the Board.

• Responsible for the monthly compliance reporting to Group Compliance

• Ensure that Compliance reporting to regulators, counterparties or partners are sent at due time with the required information and quality.

• Become a stakeholder in key projects and development initiated by the bank.

• Ensure that compliance issues identified are tackled with the adequate measures.

• Liaise with Group Compliance in order to advice the bank on compliance best practices

• Ensure that SIRON (AML, Embargo, PEP) controls are performed and issues tackled with adequate measures.

• Ensure Compliance with Data Protection rules

• Act as the Money Laundering Reporting Officer (MLRO) for the bank

• Responsible for all AML/CFT cases and ensure that they are properly handled.

• Organise in-house AML/CFT trainings to staff

• Follow up of the implementation of GIA and Internal Control, External auditors and Regulators recommendations.

• Responsible for the identification of Correspondent banks

• Ensure that KYC documents provided by clients are complete and regularly updated where required

• Participate actively in industry working groups and represent Ecobank view and interests

• Review AML/CFT related wording in agreements

• Plans, organizes, and controls the Bank's day-to-day administrative, lending and operational compliance activities

• Interact with people from other departments and communicate with them the issues related to compliance.

• Update the standards of conduct and develop periodical reviews to ensure continuing currency.

• Initiates, investigate procedures in case, there is a violation of procedures, policies, rules or regulations.

• Guides the members of the compliance committee on how to avoid risks in future.

• Monitor activities of all affiliates of Ecobank in order to identify different trends.

• Provides reviews and carries out evaluation of compliance activities in the company to ensure that all the activities are running smoothly.

• Conducts staff training related to new hires, compliance, customer service, main frame and software computer programs.

• Advises the compliance officers of emerging compliance issues and consults and guides them in the establishment of controls to mitigate risks.

• Monitors the compliance efforts of the Bank and presents reports based on study.

• Guides and provides suggestions on compliance-related matters to the senior management team and Board

• Recommend changes in bank policy to meet compliance regulations

• Provide bank management with regular reports on the institution’s compliance