REGIONAL COMPLIANCE MANAGER AT POLARIS BANK LIMITED

About Company:

Polaris Bank was established by the Central Bank of Nigeria (CBN) on September 21, 2018 to offer commercial banking services to the Nigerian public. The bank commenced services on the same day, having purchased the assets and assumed certain liabilities of the defunct Skye Bank.With a footprint of over 350 branches across the country, Polaris Bank prides itself in delivering exceptional customer experience, leveraging best in class/state of the art Information Communication Technology (ICT). By focusing on ICT solutions across multiple service delivery channels (mobile banking, ATMs, POS and online platforms) Polaris Bank maintains a pivotal role in the Nigerian banking industry, providing customers with simple, convenient and secured banking services.

We are recruiting to fill the position below:

Job Description:

• The role is responsible for overseeing compliance operations within a specific region by ensuring that the bank's activities in the region comply with relevant regulatory requirements and internal policies.
• The role assists in implementing compliance strategies, and monitoring compliance activities, while collaborating with Branch Managers and Internal Control Officers and branch officers to maintain a strong compliance culture and provide guidance on regulatory issues.
• The role also acts as a point of contact with regulatory agencies and assists in audits examinations specific to the region.

Responsibilities

• Compliance Advisory & Strategy: Provide expert advice on complex regulatory issues, identify emerging risks, and develop innovative, effective solutions. This role requires strong communication skills to engage stakeholders and promote a culture of continuous learning.
• Regulatory & Risk Compliance: Ensure the bank's operations comply with all legal requirements and internal policies. This involves a deep understanding of banking regulations, evaluating compliance levels, and proactively identifying and reporting potential risks.
• Compliance Technology: Utilize and manage compliance tools and technologies, identifying and mitigating advanced risks. This includes integrating complex technologies into the compliance architecture and training other team members.
• Reporting & Stakeholder Engagement: Accurately complete complex compliance reports and analyze data for accuracy. The role also involves engaging with external regulators, ensuring all responses and reports are accurate and complete.
• Best Practices: Stay current with industry regulations and standards, applying them to specific situations and continuously identifying and evaluating compliance risks.

Requirements:

• Bachelor’s Degree in Banking & Finance, Business Administration, Law or any related field.
• 7-10 years cognate experience
• Additional academic qualification is an advantage.
• Relevant Professional certification (CIBN, DCP, ACAMs, ACA, ACCA, ICAN etc) is an advantage.

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY