Transaction Monitoring Officer Job in Nigeria

 First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Transaction Monitoring Officer

Employment Type: Full-time

Job Description

  • Review of FX outward fund transfers to ensure purpose of transaction and parties are not on 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 update of exception list.
  • Conduct regular download, sourcing and update of sanction lists on the core banking application for
  • ongoing customer screening at on-boarding 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 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 report filed.

Job Requirements

  • 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 Sanction 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 skilIs including Excel.


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

Application Closing Date
10th May, 2024.

How to Apply
Interested and qualified candidates should:
Click here to apply online