Western Union, a renowned financial services company specializing in money transfers and payments, is currently seeking qualified candidates for the position of Officer, AML Compliance. Established in 1851, Western Union has grown to become one of the largest and most trusted money transfer companies globally, offering a wide range of financial services.
Job Specifications:
Position: Officer, AML Compliance
Employment Type: Full-Time
Required Qualifications: Bachelor’s Degree (BA/BSC/HND)
Location: Lagos, Nigeria
Job Description:
As an AML Compliance Officer, you will play a crucial role in supporting Western Union (WU), its affiliates, agents, and sub-agents in complying with anti-money laundering laws applicable to Money Services Businesses. This position is based in Lagos, Nigeria.
Role Responsibilities:
- Conduct regular reviews of Western Union locations and Points of Sales, both onsite and offsite.
- Implement and execute established WU AML Compliance & Anti-Fraud programs, principles, standards, and oversight expectations within the assigned territory.
- Develop and enforce policies and procedures to mitigate risks and enhance compliance activities.
- Ensure the Compliance program at various locations is maintained, relevant, and aligned with Western Union Compliance Minimum Standards.
- Provide ad-hoc training on Anti-Fraud/Anti-money laundering awareness to location operators during onsite reviews.
- Offer guidance, policy interpretation, and support to Agents locations within the region.
- Actively participate in Region Compliance discussions on risk and contribute to governance and risk mitigation meetings as required.
- Perform other duties as assigned by the regional manager, including GDD-FIU-FRM referrals and escalations, agent reviews, and regulatory outreach.
Qualifications and Requirements:
- Bachelor’s degree in Business Administration, Law, Finance, Accounting, Economics, or related fields.
- Minimum of 3 years of experience in a similar position within the financial services industry or as a compliance officer, risk analyst, auditor, or internal controller.
- Proficiency in English; French language skills are optional but advantageous.
- Strong attention to detail, excellent computer skills (MS Office proficiency), and outstanding presentation abilities.
- Aptitude for continuous learning and understanding of AML risks and concerns, as well as product uses and risks.
- Ability to collaborate effectively with internal business partners and Agents across multiple regions.
- Capability to work independently in a self-directed and remote environment.
- Familiarity with Western Union’s business practices and organizational structure.
- Demonstrated ability to draft clear and professional reports and documents of a legal, compliance, and business nature.
- Excellent analytical and problem-solving skills, with the ability to handle multiple priorities in a dynamic environment.
- Willingness to travel abroad as needed.
Application Deadline: March 29, 2024
Interested and qualified candidates are encouraged to apply before the deadline by submitting their applications to the specified email address.