Head of Risk

Responsibilities:

• Ensure Compliance Culture in the branch that aligns with the control and business objectives of the Bank
• Build a strong KYC and KYC (B) compliance environment in the bank/ business units.
• Ensure integrity of the transactions and GL accounts in the branch through daily review of the branch's GL balance reports and other relevant ad-hoc and standard reports
• Ensure that open items in the branch GL accounts are current and reflect the true nature of the products recorded therein. Any major deviation from the standard must be escalated following the appropriate escalation procedure
• Ensure capturing of all KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on the file and on the system.
• Daily Independent Call Over of all qualifying Transactions within 24 hours of posting and where practicable online the same day and as may be advised to you from time to time
• Daily Review of all System Generated Override Message/Exception Reports to ensure that appropriate approvals were obtained for it and that they are valid transactions
• Daily Serial review for all Numbered forms (e.g. MC, Deal slip, Draft, Form “M”,  Form “A”, to ensure completeness and proper posting/funding of all cheques issued
• Promptness, Accuracy, and Validity of Exception Reporting//Rendition of all Control Activity Reports
• Exceptions observed in peer review, control adequacy checks, and other internal control quality assurance checks administered on your cluster
• Gaps between the prescribed TAT (Turn Around Time) and the actual service delivery period.
• Proficiency level in the bank core banking application.
• Safeguarding the bank asset.

Requirements:

• B.Sc/HND in Economics, Banking & Finance or any related field
• MCP or any other professional certificate is compulsory
• 5+ years experience on similar job and banking experience