[Vacancy]: Transaction Monitoring Officer Needed at First Bank

Application deadline closed.

Job Description


  • Review of FX outward fund transfers to ensure the purpose of transaction and parties are not on the Sanction watch list for the Bank and Subsidiaries.
  • Generation, validation, and reporting of suspicious transactions (STRs) to the Nigerian Financial Intelligence Unit.
  • Review daily sanction hits on the Sanction Screening Solution and regular updates of the exception list.
  • Conduct regular download, sourcing, and update of sanction lists on the core banking application for ongoing customer screening at onboarding and periodically to prevent the Bank from doing business with sanctioned Individuals and Entities.
  • Transaction review and document check for FBN Subsidiaries and FBNQuest MB.
  • Review and respond to enquiries from regulatory bodies (NFIU, CBN) and Correspondent Banks.
  • Record keeping on STRs filed and other information for management reports.
  • Boost the compliance image of the First Bank Group.
  • Identify and ensure that requests for funds transfer to destinations with sanctions such as Myanmar, Sudan, Yemen, Iraq, North Korea, etc. are promptly declined and necessary reports filed.



  • Minimum Education: First Degree in any discipline preferably numerate.
  • In-depth knowledge of AML and KYC
  • Conversant with new trends in international terror financing.
  • Detailed knowledge of Sanctions and list of high-risk locations and individuals.
  • Strong business sense and commercial judgment
  • Good communication and interpersonal skills
  • Clear and articulate.
  • Pleasant, calm, tactful, polite, and friendly.
  • Team builder.
  • Good attention to detail.
  • Adaptable and flexible to the changing trends in international trade and payments.
  • Interact professionally with other employees, customers, and third parties
  • Good IT skills including Excel


  • Minimum experience: 5-10 years relevant working experience in Compliance and Foreign Banking Services functions

Click here to apply