Compliance Officer at Mastery Financial Services Limited

Mastery Financial Services Limited is a licensed financial services organization specializing in Bureau de Change operations. Our mission is to provide individuals and businesses with reliable, transparent, and efficient foreign exchange solutions that support trade, travel, and investment.

As a trusted BDC, we buy and sell foreign currencies at competitive rates, helping our clients access liquidity quickly and securely. We operate in full compliance with Central Bank of Nigeria (CBN) regulations, ensuring that every transaction meets the highest standards of integrity and professionalism.

Our services are designed to make currency exchange simple, safe, and seamless — whether for personal travel needs, business payments, or international transactions. By combining a customer-focused approach with strong risk management practices, we deliver value while building long-term relationships with our clients.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Victoria Island, Lagos
Employment Type: Full-time
Department: Compliance / Risk & Control
Reports To: Managing Director

Job Summary

• The Compliance Officer ensures that all business operations of Mastery Financial Services comply with relevant laws, regulatory guidelines, and internal policies.
• This role involves implementing effective compliance frameworks, conducting regular monitoring, and ensuring adherence to Central Bank of Nigeria (CBN), Anti-Money Laundering (AML), and Know Your Customer (KYC) regulations.

Key Responsibilities

• Ensure the BDC operates in compliance with CBN regulations, Money Laundering (Prohibition) Act, and Terrorism Prevention Act.
• Monitor and interpret new or updated laws, circulars, and policies from regulatory authorities.
• Maintain up-to-date compliance manuals, registers, and documentation.
• Prepare and submit regulatory reports to CBN and other authorities on time.

Operational Monitoring:

• Review daily foreign exchange transactions to ensure compliance with approved limits and guidelines.
• Support Operations and Accounts teams in verifying transaction integrity and flagging irregularities.
• Conduct periodic compliance audits and risk assessments.
• Recommend corrective actions and follow up on implementation.

Training and Awareness:

• Educate and train staff on compliance policies, AML/CFT practices, and ethical standards.
• Create awareness of regulatory updates and internal compliance obligations across departments.

AML/CFT Oversight:

• Develop and enforce the company’s Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) policies.
• Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) on all clients and transactions.
• Identify, investigate, and report Suspicious Transactions (STRs) and Currency Transaction Reports (CTRs) to the Nigerian Financial Intelligence Unit (NFIU).
• Conduct ongoing monitoring of high-risk customers and ensure documentation is current.

Reporting and Record Management:

• Maintain accurate compliance records and filing systems for audit and regulatory review.
• Provide periodic compliance reports to management and the Board.

Qualifications and Requirements

• Bachelor’s Degree in Economics, Business Administration or related fields
• Proficiency in compliance reporting tools and MS Office applications.
• Professional certification such as CAMS, CFE, ACAMS, or CIBN (Compliance Stream) is an added advantage.
• Excellent analytical, communication, and integrity-driven decision-making skills.
• Minimum of 2–3 years of relevant experience in compliance, risk management, or audit (preferably in a BDC, bank, or financial institution).
• Strong knowledge of CBN BDC Operational Guidelines, AML/CFT frameworks, and foreign exchange regulations.

Key Competencies:

• Regulatory knowledge and attention to detail
• Communication and interpersonal effectiveness
• Policy implementation and monitoring ability.
• Strong ethical judgment and confidentiality
• Analytical and investigative skills

Salary
N250,000 monthly.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail