Compliance Officer, IMTO Business at Konga Online Shopping Limited – Hiring Now

Job description

• We are looking for an experienced Compliance Officer to join our Compliance team at a Central Bank of Nigeria (CBN) licensed International Money Transfer
• Operator (IMTO). Reporting directly to the Chief Compliance Officer (CCO), the successful candidate will be responsible for overseeing and ensuring the organization’s compliance with relevant regulations, laws, and internal policies.
• This includes managing anti-money laundering (AML) and combating the financing of terrorism (CFT) programs, ensuring proper adherence to KYC (Know
• Your Customer) standards, and helping to mitigate risks in the financial operations of the business.

Key Responsibilities:

• Support the Chief Compliance Officer in managing the company’s overall compliance program and ensuring adherence to all relevant CBN, Nigerian, and international financial regulations.
• Assist in monitoring and reviewing regulatory changes and ensure the company’s policies and procedures are updated accordingly.
• Perform detailed assessments of the company’s operations to ensure compliance with regulatory requirements, especially around AML/CFT regulations, KYC standards, and remittance services.
• Conduct regular audits and compliance reviews to assess internal controls, operational risks, and compliance gaps.
• Oversee the KYC process, including customer due diligence (CDD), enhanced due diligence (EDD), and periodic reviews, ensuring accurate documentation and reporting practices.
• Assist in the development, implementation, and delivery of compliance training programs for staff across the organization.
• Report suspicious activities and significant compliance issues to the Chief
• Compliance Officer and other senior management members as necessary.
• Collaborate with internal departments, including operations, legal, and risk management, to identify and resolve compliance issues.
• Prepare and submit timely reports on compliance status, audit findings, and regulatory matters to the Chief Compliance Officer and relevant authorities.
• Provide recommendations for improvements to the compliance framework and internal controls based on risk assessments, audits, and changing regulations.
• Monitor and support the implementation of corrective actions stemming from compliance reviews and regulatory audits.
• Assist the Chief Compliance Officer in preparing for external audits, regulatory inspections, and assessments by the Central Bank of Nigeria and other stakeholders.

Required Qualifications and Experience:

• Bachelor’s degree in Law, Finance, Accounting, Business Administration, or a related field.
• Minimum of 4 years of experience in compliance or risk management, preferably within a Central Bank of Nigeria licensed IMTO.
• Strong understanding of Nigerian financial regulations, CBN regulations,
• AML/CFT requirements, and global financial standards.
• Proficient in conducting compliance audits, risk assessments, and regulatory reporting.
• In-depth knowledge of KYC/CDD/EDD processes, as well as the regulatory frameworks that govern the remittance industry.
• Ability to work independently and as part of a team, managing multiple priorities and deadlines.
• Strong analytical, problem-solving, and decision-making abilities.
• High level of integrity, ethics, and professionalism in handling sensitive information.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and compliance management tools.

Desirable Skills and Attributes:

• Professional certifications in AML (e.g., CAMS, CFE ICA) or related compliance fields would be advantageous.
• Knowledge of international best practices in financial compliance, fraud prevention, and risk management.
• Strong interpersonal and communication skills, with the ability to interact effectively with colleagues, regulators, and external parties.
• A proactive and solution-oriented approach to compliance challenges.
• High attention to detail with the ability to think strategically about risk mitigation.