Expired 1 year from now
Head of Anti-Money Laundering (AML)
full-time
| Senior Level
Lagos
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Job Summary
The Head of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) in Nigeria is responsible for developing, implementing, and overseeing an organization’s compliance program to prevent financial crimes.
Job Details
Key responsibilities include:
• Policy Development and Implementation: Formulating and enforcing AML/CFT policies and procedures in line with Nigerian regulations and international best practices.
• Team Leadership: Leading a compliance team to review and approve Know Your Customer (KYC) cases, monitor transactions, and ensure adherence to AML/CFT standards.
• Suspicious Activity Reporting: Overseeing the identification, investigation, and reporting of suspicious activities to relevant authorities, such as the Nigerian Financial Intelligence Unit (NFIU).
• Training and Awareness: Developing and conducting training programs to educate staff on AML/CFT regulations, ensuring organization-wide compliance awareness.
• Regulatory Liaison: Serving as the primary point of contact with regulatory bodies, responding to inquiries, and ensuring timely submission of required reports.
• Risk Assessment: Conducting regular assessments of the organization’s products and services to identify and mitigate potential AML/CFT risks.
• Compliance Reporting: Compiling and presenting reports on compliance activities, findings, and recommendations to senior management and the board.
Requirements
Qualifications:
1. A bachelor’s degree in a related field.
2. Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) are advantageous.
Experience:
- Understanding of the key technical concepts in AML.
- At least Ten (10) years of experience in compliance, risk management, or related fields, with demonstrated leadership capabilities.
About Company
UNIFIED PAYMENT SERVICES LIMITED
Unified Payment Services Limited (UP®) is Nigeria’s premier payments and financial technology group, providing shared infrastructure and services to the banking community and payment service providers within and outside Nigeria. At UP, we empower businesses by delivering secure and customer-focused solutions across the digital financial ecosystem. Guided by our Vision to be the trusted enabler of businesses and lifestyle and our Mission of building shared technology infrastructure and partnerships, UP® is committed to creating lasting value to its stakeholders through professionalism, respect, innovation & customer centricism, dependability and execution. UP® Group comprises: (i) UP® - Nigeria's premier payment and financial technology service provider. (ii) Hope PSBank - Nigeria's premier payment service bank. (iii) Payattitude® - Digital-first payment scheme. (iv) UP Digital - Telecom value added service provider; and (v) TM30 - Software Solutions provider.