Team Lead, Transaction Monitoring

<p><strong>Job Grade: </strong>SBO - AM</p><p><strong>Reports to: </strong>Head, Financial Crime Monitoring</p><p><strong>Group: </strong>Conduct &amp; Compliance</p><p><strong>Job Overview:</strong> To lead the Transaction Monitoring function by overseeing alert review, investigation, and escalation processes in line with <strong>CBN AML/CFT/CPF Regulations and NFIU guidelines</strong>, ensuring effective financial crime detection, regulatory compliance, and operational efficiency.</p><p><strong>Key Responsibilities</strong></p><ul><li>Supervise and coordinate Transaction Monitoring Analysts; allocate workload; ensure adherence to SLA, quality, and productivity standards.</li><li>Review complex and high-risk alerts; validate investigations; approve escalations for STR filing in line with NFIU requirements.</li><li>Oversee end-to-end monitoring processes; ensure effective alert generation, review and disposition.</li><li>Ensure compliance with CBN AML/CFT/CPF regulations, BOFIA, and NIFU reporting obligations; oversee timely reporting. </li><li>Monitor quality of investigations and documentation; conduct reviews to ensure consistency and accuracy across the team. </li><li>Identify emerging financial crime trends, typologies, and systemic risks; recommend mitigation strategies.</li><li> Liaise with Compliance, Audit, Business Units, and senior stakeholders; manage escalations and reporting requirements. </li><li>Track team performance; prepare management reports on alerts, trends, and risk exposures.</li><li> Identify process gaps; drive automation, system optimization, and operational efficiency initiatives.</li><li>Lead audit engagements; ensure audit readiness; respond to regulatory inquiries and examinations.</li><li>Coach and mentor team members; support capability development and knowledge transfer.</li></ul>