Quality Assurance Officer-NEW POSTING

Company Information:

United Bank for Africa PLC, (‘UBA Group”) is a leading Pan African Bank headquartered in Lagos, Nigeria with a global footprint. Established in 1949, the Group has presence in twenty (20) sub-Saharan African countries, the US, UK and EU.

UBA PLC, America is committed to providing institutions based in North America a credible window into Africa as well as connecting African businesses with the Americas. Leveraging our extensive spread across the African continent, we aim to facilitate inter–and-intra-African trade and also be the pivot for the inflow of investment and developmental capital into Africa. www.ubagroup.com

JOB SUMMARY:

The Quality Assurance Officer reports to the BSA/AML/OFAC Officer and is responsible for performing ongoing assessments and quality assurance reviews within the Compliance Department to evaluate the effectiveness of the Bank’s BSA/AML and Sanctions programs and the related processes, policies, and procedures.

ESSENTIAL FUNCTIONS & ACCOUNTABILITIES

• Maintain and update Quality Assurance Program
• Conducts regular risk and data quality assessments
• Perform ongoing validation of monitoring strategies to ensure appropriate AML and sanctions governance and Assurance.
• Analyze KPIs (key performance indicators) to ensure that existing AML and compliance processes are at a level commensurate with regulatory expectations
• Submit timely and accurate documentation of performed risk assessment and AML quality assurance reviews.
• Conducts review of Transaction Monitoring/OFAC processes including quality of alert/case disposition
• Conducts review of Enhanced Due Diligence (EDD) processes including deep dives of customer account transactional activity
• Conducts review of regulatory compliance processes including quarterly regulatory review activity
• Conducts review of customers file to ensure compliance with KYC/CIP requirements
• Ensure timely follow up on pending/outstanding issues for immediate resolution
• Identify possible improvements to the AML/Sanctions infrastructure and communicate findings to the Head of Compliance
• Participate in ad-hoc projects such as new system implementation, system model validation etc.
• Assist the HoC to respond to audit and regulatory requests for information and during audits/examinations.

QUALIFICATIONS:

Experience:

• Minimum 5 years of AML, compliance, investigations, quality assurance, risk operations or other related experience preferably in a bank of a foreign banking organization.
• Strong knowledge and understanding of BSA, AML, OFAC, FinCEN, and the USA PATRIOT Act laws and regulations
• Knowledge of top AML compliance platforms (FIS, Actimize, etc.) is a plus
• General:
• Excellent interpersonal, organization, and communication skills.
• Excellent writing, presentation, and analytical skills.
• Uses an analytical approach to problem solving, with a focus on managing a team environment coupled with attention to results and a sense of urgency.
• Proven ability to use excellent judgment and solid leadership.

Education & Qualifications:

• Bachelor’s degree required.
• ACAMS certification and membership.
• PC skills:
• Strong working knowledge of Microsoft Word, Excel, Power Point; Lexis-Nexis, World-Check, Banker’s Almanac, etc.
• Strong internet search capabilities.

**Specific duties and responsibilities may vary based upon departmental and Bank needs. Other duties may be assigned similar to the above consistent with the knowledge, skills and abilities required for the position.

UBA America is an Equal Opportunity Employer

Job Type: Full-time

Pay: $4.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee discount
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Quality Review with Foreign Bank: 5 years (Required)
• Foreign Correspondent Bank: 5 years (Required)

License/Certification:

• Certified Anti-Money Laundering Specialist (Required)

This Company Describes Its Culture as:

• Detail-oriented -- quality and precision-focused
• Outcome-oriented -- results-focused with strong performance culture
• Team-oriented -- cooperative and collaborative

Company's website:

• www.ubaamerica.com

Benefit Conditions:

• Only full-time employees eligible

Work Remotely:

• No

COVID-19 Precaution(s):

• Remote interview process
• Personal protective equipment provided or required
• Plastic shield at work stations
• Temperature screenings
• Social distancing guidelines in place
• Virtual meetings
• Sanitizing, disinfecting, or cleaning procedures in place