Sterling Alternative Finance Conduct & Compliance Officer at Sterling Bank Plc

Sterling Alternative Finance Conduct & Compliance Officer at Sterling Bank Plc

Sterling Bank Plc

Sterling Alternative Finance Conduct & Compliance Officer at Sterling Bank Plc. Please make sure you read the job requirements before applying for this position.

Sterling Bank Plc “Your one-customer bank” is a full service national commercial bank in Nigeria. In over 50 years of operations, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank; and completed a merger with 4 other banks – Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank and Trust Bank of Africa – as part of the 2006 consolidation of the Nigerian banking industry.

We are recruiting to fill the position below:

Job Title: Sterling Alternative Finance Conduct & Compliance Officer

Location: Lagos
Job Type: Full-time
Specialization(s): Compliance

 Job Summary

  • Responsible for compliance to Rules, Regulations, Policies, Guidelines of Sterling Alternative Finance across departments, activities and transactions.

Job Description

  • Responsible for the coordination of CBN/NDIC examination
  • Ensure shariah compliance on all classes of credit facilities before disbursement by Credit Administration
  • Manage disbursed SAF facilities to ensure compliance with shariah post conditions
  • Ensure invested funds are recouped and underlying investments are shariah compliant.
  • Ensure income Assurance on consummated transactions such as Mudarabah deposits and other NIB transactions and activities
  • Ensure that the AltMall facilities are paid down without outstanding PDOs.
  • Ascertain propriety of expenses processed and check for abuses such as authorization of transactions above limit, non-compliance with policies
  • Review investment for shariah compliance and ACE approval before disbursements

Requirements

  • Minimum of First Degree in Accounting or any related field.
  • Knowledge of Shariah – Islamic Commercial Jurisprudence
  • 1-4 years’ experience in an Accounting related field in a Financial Institution.

Application Closing Date

1st November, 2021.

Method of Application

Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit talent.sterling.ng.