United Bank for Africa (UBA) is currently recruitingsuitably qualified and interested candidates for the position of Team Member, Transaction Monitoring. Learn about the job requirements, and how to apply.
About UBA
At UBA, we strongly believe that our people are critical to our success in building a sustainable and dominant business in the countries we operate in, across Africa and beyond. We go to great lengths to source, attract, recruit, develop and retain the best talent, wherever they may be in the world. To this end, we are always striving to:
– Provide a non-threatening environment that encourages and rewards role-model performance.
– Help our workforce maintain a healthy balance between work and their personal lives amongst others.
Job Objective(s)
- To carry out ongoing monitoring of accounts in line with extant regulations and internal policy to identify and report suspicious transactions to the requisite statutory authorities.
- To manage and support the bank’s Compliance Risk Management strategy in ensuring that the Bank’s AML and Counter Financing of Terrorism efforts are in line with the Group standards and international best practices.
- To carry out enhanced due diligence reviews to prevent the Bank from being exposed to the risk of sanctions and associated financial/reputational loss that the Group may incur as a result of failure to comply with regulations
- Ensure capacity building of staff to improve Compliance culture in the bank.
Duties & Responsibilities
- Use of Actimize for Suspicious Activity Monitoring (SAM).
- Sanctions Screening Compliance.
- Money Remittance (Western Union & MoneyGram) Transactions Monitoring.
- Compliance Investigations, Reporting and Returns Rendition.
- Response to Request for Information (RFI) from Correspondent Banks.
Knowledge & Skills Required
- Extensive knowledge of the bank’s policies & procedures.
- Deep understanding of the Bank’s Products, Services and Processes.
- Good knowledge of Banking Operations.
- Excellent understanding of national and International AML/CFT Regulations.
- Interpretation of red flags of unusual transactions into suspicious transactions reporting.
- Strong Analytical skills.
- Good investigative skills.
- Report writing skills.
- Proficiency in the use of the computer and basic applications like excel, PowerPoint etc.
- Critical thinking and problem-solving skills.
- Good interpersonal and Communication skills.
- First degree in any field.
- Experience in Compliance, Operations, Audit, Internal Control or Risk Management.
Minimum Educational Qualification
Others
Minimum years of work experience required
3 years
METHOD OF APPLICATION
Interested and
qualified applicants should follow the link below to submit CV and application
letter for the position of Team Member,
Transaction Monitoring.
Application Deadline: Ends Friday, December 23rd, 2022
0 Comments