Head, Anti Money Laundering Job at Unified Payment Services Limited

Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company that operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.

We are recruiting to fill the position below:

Job Position: Head, Anti Money Laundering
Job Location: Victoria Island, Lagos
Employment Type: Full-time

Job Summary

• The Head of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is responsible for developing, implementing, and overseeing the organization’s compliance program to prevent financial crimes.

Responsibilities

• Develop and review AML/CFT/CPF policies and procedures, ensuring alignment with laws, regulatory requirements and international best practices.
• Ensure effective implementation of system and processes for identification, investigation, and reporting of suspicious transactions/activities to relevant authorities, such as the Nigerian Financial Intelligence Unit (NFIU).
• Develop AML/CFT/CPF training plan and ensure effective implementation.
• 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, keep track of exceptions and ensure timely closure. • Compile and present reports on compliance activities, findings, and recommendations to senior management and the board.Develop Board and Senior Management compliance reports
• Develop mechanism, monitor and analyses ML/TF/PF emerging trends and typologies, ensuring that the organization have adequate preventive measures to protect its system from being used as a conduit for financial crimes.
• 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 performed other compliance functions as assigned by the Chief Compliance Officer CCO.
• In partnership with HR, responsible for attracting, hiring, motivating, engaging and retaining employees in their units/departments and directorates by institutionalizing a positive work culture, fostering career growth through training and advancement opportunities, encouraging open communication and feedback, recognizing contributions, and ensuring fair and inclusive practices

Requirements

• Education: Bachelor’s Degree in Finance, Accountancy, Banking or a related field.
• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS,) Designate Compliance Professional (DCP) or Certified Fraud Examiner (CFE) is an added advantage.

General Experience:

• Understanding of the key technical concepts in AML/CFT.
• Minimum of 10 years of experience in compliance, risk management, or related fields, with demonstrated leadership capabilities.

Method of Application 
Interested and qualified candidates should send their CV to: recruitment@up-ng.com using the Job Position as the subject of the email.