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
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
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
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
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