Responsibilities
Monitor daily operations to ensure adherence to approved policies and procedures.
Review operational processes and identify control weaknesses.
Conduct routine and surprise checks on operational activities.
Identify operational, financial, compliance, and reputational risks.
Prepare reports on internal control lapses and exceptions.
To conduct Know Your Customer (KYC) requirements on selected customers
Monitor transactions for money laundering and terrorism financing risks.
Review suspicious transaction reports (STRs).
Monitor suspicious transactions and operational irregularities.
Ensure staff comply with internal policies and operational manuals.
Maintain compliance registers and documentation.
Ensure timely rendition of statutory returns.
Monitoring and Review Activities, e.g. Daily transaction call-over and review.
Account review and reconciliation monitoring
Expense and income verification
Loan documentation review.
Skills and Competencies:
Technical Skills e.g. financial analysis, credit review data analysis and report writing
Soft skills e.g. Integrity and confidentiality, attention to detail, and problem-solving ability.