Compliance Officer, IMTO Business at Konga Online Shopping Limited

About the Role

We are seeking 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), you will be responsible for overseeing and ensuring the organization's compliance with relevant regulations, laws, and internal policies.

This role 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
• Monitor and review 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 compliance reports as required by regulatory authorities

Location

Lagos, Nigeria