Head, Anti Money Laundering at Unified Payment Services Limited

Job Overview

We invite applications from suitably qualified candidates for the position of Head of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). This role is responsible for developing, implementing, and overseeing the organisation's compliance program to prevent financial crimes.

Key Responsibilities

• Develop and review AML/CFT/CPF policies and procedures, ensuring alignment with laws, regulatory requirements and international best practices
• Ensure effective implementation of systems and processes for identification, investigation, and reporting of suspicious transactions and activities to relevant authorities, such as the Nigerian Financial Intelligence Unit (NFIU)
• Develop an AML/CFT/CPF training plan and ensure effective implementation across the organisation
• Develop and deliver in-house AML/CFT/CPF training to raise awareness among employees
• Implement and manage Targeted Financial Sanctions and PEP screening processes
• Conduct Know Your Customer (KYC), Customer Due Diligence (CDD) processes and Enhanced Due Diligence (EDD) for high-risk customers
• Manage compliance audits, track exceptions and ensure timely closure
• Compile and present reports on compliance activities, findings, and recommendations to senior management and the board
• Monitor and analyse money laundering, terrorist financing and proliferation financing (ML/TF/PF) emerging trends and typologies, ensuring the organisation has adequate preventive measures to protect its systems
• Collaborate with relevant departments to ensure that ML/TF/PF controls and mitigation measures are in place and effective
• Engage in cross-functional responsibilities and perform other compliance functions as assigned by the Chief Compliance Officer (CCO)
• In partnership with HR, attract, hire, motivate, engage and retain employees in their units, departments and directorates