Jessie Agwu
Summary
Qualified Compliance Professional and Accountant with a cumulative of over 6 years work experience with proven expertise in AML/CFT/CPF, Anti-Financial Crimes Monitoring, Regulatory compliance, Due Diligence and KYC/CDD. Experience's garnered cuts across Fintech, Banking and others. Possess strong business acumen,great interpersonal skills and an enthusiastic learner seeking a role that offers professional challenges and growth.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Risk & Compliance Officer - Remote
FCMB Bank
Lagos, Nigeria
03.2023 - Current
- Enhanced regulatory compliance by developing and implementing comprehensive policies and procedures.
- Reduced the risk of financial penalties by conducting thorough spot checks on the branches on a monthly basis. This helped to reduce fraud by 70%.
- Streamlined reporting processes for improved efficiency in submitting data to regulatory agencies. Formulated a summary regulatory returns table that incorporates all regulatory rendition expected from the Bank, this resulted in increased tracking of regulatory returns.
- Ensured timely identification of potential issues by establishing robust monitoring systems and controls. Formulated and administered RSCA form for all units as a means to identify risks at their earliest points and provide remediation.
- Collaborated with cross-functional teams to address compliance concerns, fostering a culture of shared responsibility.
- Developed comprehensive training programs to increase employee awareness of compliance requirements and expectations. This increased compliance awareness to 50%.
- Managed relationships with regulators, maintaining open lines of communication to ensure transparent operations. This helped to increase response turn around time for regulators requirements to 80%.
- Identified gaps in existing compliance processes and recommended updates. The led to successful CBN spot check and audit without exceptions.
- Daily transaction review of customers transactions and filling of STR/SAR to NFIU within 24 hours.
Transaction Monitoring Officer-Hybrid
Wema Bank
Lagos, Nigeria
07.2022 - 03.2023
- Reduced regulatory risks by conducting thorough customer due diligence and periodic reviews.
- Improved transaction monitoring processes by implementing risk-based methodologies and procedures.
- Conducted thorough investigations for suspicious transactions, reducing the risk of financial crime.
- Enhanced regulatory compliance by keeping updated on industry standards and applying them to daily tasks.
- Provided training and guidance to junior team members, fostering a culture of continuous learning and growth.
- Analyzed customer profiles and transaction patterns, identifying trends indicative of potential fraud or money laundering activity.
- Utilized advanced data analytics tools to identify high-risk accounts and transactions for further review.
- Supported audit activities related to transaction monitoring by providing necessary documentation and responding promptly to inquiries.
- Developed tailored rulesets for detecting unusual transactions specific to different industries or business lines within the organization.
- Participated in regular meetings with internal stakeholders to discuss ongoing cases and share insights on emerging trends in financial crime prevention efforts.
Account Officer
Pilgrims Nigeria Security Limited
Lagos, Nigeria
01.2018 - 06.2022
- Management of the company's investment portfolio and ensured the effective utilization of ideal funds.
- Assisted in budget preparation and monitoring, contributing to cost-saving measures across the organization.
- Ensuring timely processing and posting of payables and receivables. Achieved a 50% increase processing timeline of vendors invoice from 14 days to less than 5 days.
- Ensure proper reconciliation of vendors and customers account.
- Ensure successful reconciliation of six (6) banks accounts used by the business on a monthly basis.
Education
Bachelor of Science - Accounting
University of Benin
Edo, Nigeria12.2014
Skills
- Risk Management
- Internal Controls
- Trend Monitoring
- Anti-Money Laundering
- Risk Mitigation
- Transaction monitoring
- Sanctions Screening
- Problem-solving aptitude
Certification
- ICAN-2022
- DCP-2022
- ACAMS -2023
Travelling, Reading, Foodie, Intellectual conversation
I love to travel and explore new cultures, people, food and drinks.
Timeline
Risk & Compliance Officer - Remote
FCMB Bank
03.2023 - Current
Transaction Monitoring Officer-Hybrid
Wema Bank
07.2022 - 03.2023
Account Officer
Pilgrims Nigeria Security Limited
01.2018 - 06.2022
Bachelor of Science - Accounting
University of Benin