Job vacancy: Compliance officer kyc

Job vacancy: Compliance officer kyc

Internal /External

Job title : COMPLIANCE OFFICER KYC

Department : INTERNAL CONTROL & compliance

Reporting Line : Head Internal Control and Compliance

Location : Douala

ROLES & RESPONSIBILITIES:

Customer risk assessment and profiling of customers following the

Risk Based Assessment system

Account opening and monitoring of High risk Accounts such as Peps, BDC, MFIs, NGOs, Minors, Low KYC,
Act as an adviser on KYC issues pan bank on a day to day basis
Onboarding and review of Agents and Sub Agents activities
Onboarding and review of Merchant activities
Opening and monitoring of accounts for Non-residents (in FCY & FCFA) and residents (in FCY)
Periodical update of correspondent bank KYC
Deferral approvals and follow up of accounts with incomplete documentation
Reporting on FATCA accounts
Review all new products and new business relationships as well as periodic reviews of existing products vis-à-vis regulatory changes.
Suspicious Transaction reporting (STR) that may arise from the review of these activities.
Group and Country Compliance Reports
Follow up for Customer base data update as per the risk rating matrix
Regulatory inventory
Regulatory Reporting

Qualification required:

Minimum education level : LL.B /Bachelor Degree Law; Accounting Experience required:
At least 5 years in a Banking Institution or 2 years in a reputable Law Firm

Key Competencies:

Sound grasp of Banking Laws and regulations; Reporting requirements of financial institutions; prior AML/CFT experience; Bilingualism is a big advantage

Knowledge

Excellent in-depth knowledge of major statutory requirements affecting Cameroons banking sector
Excellent knowledge of internal policies and procedures

Skills/Competencies/Aptitudes

Banking Industry Developments
AML & KYC trends
Good communication and writing skills
Good IT skills
Capacity to manage and absorb pressure
Leadership
Mastery of Excel and another spreadsheet software;
Strong sense of initiative, inventiveness and organization required.

Application submission

Candidates should send their resume and motivation letter to hcmrecruitcameroon@ubagroup.com, with the heading KYC COMPLIANCE OFFICER” later October 12, 2021 COB

Only shortlisted candidates will be contacted to proceed to the interview stage.