Summary
Overview
Work history
Education
Skills
Timeline
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Chinedu Okafor

Lagos

Summary

A highly skilled and certified compliance professional, holding credentials in Anti-Money Laundering (CAMS) and Microsoft Excel for Business Analysis, Reporting, and Presentation. Demonstrates in-depth expertise in compliance and ethics, underpinned by specialized training from UBA Academy and FITC. Committed to continuous professional development in banking operations and regulatory compliance, with a strong emphasis on upholding ethical standards and fostering a culture of integrity.

With over eight years of progressive experience in compliance, client relationship management, and business operations, primarily within the banking sector. I bring a proven track record of delivering exceptional service and measurable impact. I am a self-motivated and results-oriented professional, adept at ensuring operational efficiency while aligning with complex regulatory requirements.

As a versatile team member and leader, I offer strong administrative capabilities and supervisory acumen, consistently driving the implementation of cost-effective, compliant business processes. My compliance expertise spans transaction monitoring, customer due diligence (CDD), Know Your Customer (KYC) advisory, customer risk profiling, and timely reporting of suspicious transactions to relevant regulatory authorities.

Known for my adaptability and effective communication across all organizational levels, I excel in dynamic environments, managing competing priorities while maintaining an unwavering commitment to excellence, quality, and regulatory compliance.

Overview

9
9
years of professional experience

Work history

Team Lead, Regulatory Compliance

Providus Bank Limited
, Lagos
05.2024 - Current
  • Overseeing and mentoring team members, ensuring effective communication, collaboration, and professional development.
  • Review, breakdown and disseminate compliance policies and regulatory Circulars to ensure clear understanding among stakeholders.
  • Establish a centralized repository for all circulars, guidelines, and policies, with appropriate access for user departments to promote a culture of compliance.
  • Staying updated on relevant laws, regulations, and industry standards, and ensuring the team is informed.
  • Developing and implementing processes to monitor compliance with regulations and internal policies.
  • Preparing compliance reports for management, highlighting risks, issues, and progress towards compliance goals.
  • Assisting in the creation and revision of compliance policies and procedures.
  • Providing training sessions for employees to ensure understanding of compliance requirements.
  • Regularly respond to letters and requests from regulators.

Transaction Monitoring Officer

Keystone Bank Limited
, Lagos
11.2021 - 04.2024
  • Continuously monitor and uphold compliance with regulatory directives from the apex bank to ensure 100% conformity.
  • Confirm that customer activity/transaction is consistent with CDD information e.g. occupation, expected account activity and sources of funds and wealth, type of business, size and target market. Ensure STR is filled on all identified unusual or suspicious transactions.
  • Confirm that all PEP, DNFBP, NGO and other High-Risk accounts are properly coded as such on T24 and classified as "High Risk". Identification and reporting of customers with unusual transaction patterns and high-risk rating
  • To ensure that customers’ transactions are reflective of their sources and origins of wealth. Ensures that unusual transactions being identified, reviewed and whether the account officer has knowledge of the customer and the unusual transaction.
  • To ensure that customers transactions are reflective of their status and profile based on established KYC conducted. To ensure that the Bank is not exposed to smurfing or layering and confirm complete documentation on all accounts reviewed as a result of Transaction Monitoring
  • To ensure alert rules meet expected thresholds for the review of unusual/suspicious transactions, review alerts generated by the monitoring system regularly, assess their accuracy and relevance, adjust thresholds or parameters as needed, and collaborate with relevant units to ensure timely and effective investigation and resolution of flagged issues.
  • Respond to investigations from regulators promptly and accurately within a defined period.
  • Conduct effective banking activities and account transaction monitoring using the banks monitoring tool, Compass.
  • Screen transactions against blacklisted countries, entities, and individuals using the TSS portal.
  • Daily Risk-Based Customer Transaction Monitoring of High-Risk Accounts and Filing of Suspicious Activity Report (SAR) and Suspicious Transaction Report (STR) to NFIU.

Domestic Operations Officer

Keystone Bank Limited
, Lagos
05.2020 - 11.2021
  • Processing and disbursement of expense raised from various unit/departments of the bank.
  • MC issuance and liquidation.
  • Processing of salaries for corporate customers, NIP/NEFT AND RTGS transfers.
  • Processing of the Bank’s End-of-Month postings with Financial Control Unit.
  • Preparing the monthly proof for internal GL for the Unit/ Division.
  • Collaborating with relevant departments to develop, monitor, and update budgets for various operational expenses.
  • Identifying opportunities for process improvements to enhance the efficiency of expense management procedures.
  • Interacting with vendors and negotiating contracts to secure favorable terms and pricing for services.
  • Examining and assessing financial data to ensure accuracy and compliance with financial policies and regulations.

Head Of Processing

United Bank For Africa
, Lagos
02.2019 - 04.2020
  • Evaluated daily cash levels and ensures they meet short-term operating needs and long-term project financing requirements
  • Coordinated & authorized cash activities in the branch and ensured proper supervision of cash processing staff.
  • Prepare monthly performance reports for management and handle daily exception reports.
  • Acted as the back-up to the CSM in areas of the branch supervision and vault / ATM management & custodianship.
  • Manage and maintain cash limits at Branch and ensure prompt expatriation of excesses.
  • Plan and coordinate delivery and collection of cash to and from the Central Bank.
  • Verify that vault/reserve cash movement differences are resolved daily.
  • Supply cash both local and foreign with minimum delay to Customer as per SLA.
  • Hold in joint custody the Banks Certificates of investments (Commercial Papers, Treasury Bills or Bonds, Government Stock) and avail same to the Bank’s auditors on demand

Customer service officer

United Bank for Africa
, Lagos
04.2016 - 02.2019
  • Collaborate with Relationship Managers to enhance the efficiency and quality of customer service delivery.
  • Serve as a primary point of contact for customer support functions, ensuring seamless account operations.
  • Support Relationship Managers in managing customers from diverse business entities, finding optimal solutions.
  • Engage with customers, fostering relationships, and addressing inquiries related to accounts or operational matters.
  • Coordinate with internal departments, issuing instructions to relevant parties for account maintenance tasks.
  • Generate monthly performance reports for management and manage daily exception reports.
  • Aid the Customer Service Manager in addressing requests and undertaking general office administrative responsibilities.

Education

Bachelor of Arts - English Language

University of Lagos
Lagos
/2009 - /2014

West Africa Senior School Certification Examinatio -

Saint Anthony International College
Lagos

Skills

  • Certified Anti-Money Laundering Specialists (CAMS) - 2024
  • Designate Compliance Professional – 2022
  • Certification in Microsoft Excel for Business Analysis, Reporting & Presentation organized by Tabs & ICONS31st August 2022
  • Basic Banking Operations from FITC – 2016
  • Code of conduct and Ethics from UBA Academy – 2016

Timeline

Team Lead, Regulatory Compliance

Providus Bank Limited
05.2024 - Current

Transaction Monitoring Officer

Keystone Bank Limited
11.2021 - 04.2024

Domestic Operations Officer

Keystone Bank Limited
05.2020 - 11.2021

Head Of Processing

United Bank For Africa
02.2019 - 04.2020

Customer service officer

United Bank for Africa
04.2016 - 02.2019

Bachelor of Arts - English Language

University of Lagos
/2009 - /2014

West Africa Senior School Certification Examinatio -

Saint Anthony International College

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Chinedu Okafor