₦airaland Forum

Good morning all. My man @mcstan18...congrats bro...well deserved victory. Success all the way.

@Newmum0615 @Glitteringstar, please kindly help me readjust my JD - Compliance Officer to fit in perfectly for NOC 1114.

 Ensuring that Compliance requirements are fulfilled in accordance with the bank’s policies and procedures;

 Pro-address relevant issues concerning compliance in order to keep the approach, tools and skills of the Bank’s Compliance Function up to date;

 Identification of risks, areas of improvement (checklists, working papers, processes and procedures etc.), efficiencies and synergies and make appropriate recommendations to Chief Risk/Compliance officer and Management compliance committee. Immediately notify the team lead when unacceptable risk is identified and propose an appropriate solution;

 Carrying out investigations or ad hoc reviews at the request of senior management;

 Working closely with other control groups such as legal, risk management, audit and business supervisory functions to ensure coverage is comprehensive and consistent and that issues are appropriately addressed on a timely basis;

 Collaborate and cooperate with other departments to ensure professional responsibilities are fulfilled in an efficient manner, with due regard for the activities of those departments;

 Working with the Compliance testing team and Internal Audit to identify emerging risk areas and recommending ad hoc testing as necessary;

 Assist with the issuing of reports concerning Compliance Assignments within the set deadlines. Therefore write parts of the report to an increasing extent independently, according to quality standards of the Compliance Function and within the set time-limits.

 Differentiate high risk issues among compliance check findings;

 Systematically and logically analyse information;

 Develop an understanding of internal controls and related risk relevant for the bank and as a consequence a thorough understanding of the work to be performed;

 Maintaining record retention procedures for printed forms.

I would really appreciate your assistance.

Good morning all. My man @mcstan18...congrats bro...well deserved victory. Success all the way.

@Newmum06 @Glitteringstar, please kindly help me readjust my JD - Compliance Officer to fit in perfectly for NOC 1114.

 Ensuring that Compliance requirements are fulfilled in accordance with the bank’s policies and procedures;

 Pro-address relevant issues concerning compliance in order to keep the approach, tools and skills of the Bank’s Compliance Function up to date;

 Identification of risks, areas of improvement (checklists, working papers, processes and procedures etc.), efficiencies and synergies and make appropriate recommendations to Chief Risk/Compliance officer and Management compliance committee. Immediately notify the team lead when unacceptable risk is identified and propose an appropriate solution;

 Carrying out investigations or ad hoc reviews at the request of senior management;

 Working closely with other control groups such as legal, risk management, audit and business supervisory functions to ensure coverage is comprehensive and consistent and that issues are appropriately addressed on a timely basis;

 Collaborate and cooperate with other departments to ensure professional responsibilities are fulfilled in an efficient manner, with due regard for the activities of those departments;

 Working with the Compliance testing team and Internal Audit to identify emerging risk areas and recommending ad hoc testing as necessary;

 Assist with the issuing of reports concerning Compliance Assignments within the set deadlines. Therefore write parts of the report to an increasing extent independently, according to quality standards of the Compliance Function and within the set time-limits.

 Differentiate high risk issues among compliance check findings;

 Systematically and logically analyse information;

 Develop an understanding of internal controls and related risk relevant for the bank and as a consequence a thorough understanding of the work to be performed;

 Maintaining record retention procedures for printed forms.

I would really appreciate your assistance.

bababode825:
I have responded to your email.

All da best

Many thanks.

bababode825:
Buzz me privately. I will send you a number you can call.

Your transcript will be sent this week guaranteed as far as you have any previous transcript. Either departmental or univesrsity.

Mine was sent last week and its in Canada as I write.

Thanks for this. Please, I would need your contact as well. Sent a PM. Thank you.

barbz06:
Check 0122 and 1114

Thank you.

Financial Investigators under 1114 is the closest to the JD.

GlitteringStar:
You can check NOC 1112, NOC 1114 and NOC 4162 (not sure of the right one).


NOC 1114 says: "Financial examiners and inspectors review and examine banks, trust companies, credit unions, credit companies, real estate companies, insurance companies, pension funds, securities brokers and other financial services and institutions to ensure compliance with governing legislation and regulations".

Thank you @Glitteringstar, I think 1114 (Financial Investigators) will do the job.

Since it is an example of a job title under NOC 1114, with the summary stated there, the job JD should not be too different from the summary.

I hope I am right?

Success2Success:
Hello e-family.

Thanks for helping me clarify which job designation I should settle for. I would appreciate if I could get assistance on which NOC this JD as a Compliance Officer goes with:

-Ensuring that Compliance requirements are fulfilled in accordance with the bank’s policies and procedures;

-Pro-address relevant issues concerning compliance in order to keep the approach, tools and skills of the Bank’s Compliance Function up to date;

-Identification of risks, areas of improvement (checklists, working papers, processes and procedures etc.), efficiencies and synergies and make appropriate recommendations to Chief Risk/Compliance officer and Management compliance committee. Immediately notify the team lead when unacceptable risk is identified and propose an appropriate solution;

-Carrying out investigations or ad hoc reviews at the request of senior management;

-Working closely with other control groups such as legal, risk management, audit and business supervisory functions to ensure coverage is comprehensive and consistent and that issues are appropriately addressed on a timely basis;

-Collaborate and cooperate with other departments to ensure professional responsibilities are fulfilled in an efficient manner, with due regard for the activities of those departments;

-Working with the Compliance testing team and Internal Audit to identify emerging risk areas and recommending ad hoc testing as necessary;

-Assist with the issuing of reports concerning Compliance Assignments within the set deadlines. Therefore write parts of the report to an increasing extent independently, according to quality standards of the Compliance Function and within the set time-limits.

-Differentiate high risk issues among compliance check findings;

-Systematically and logically analyse information;

-Develop an understanding of internal controls and related risk relevant for the bank and as a consequence a thorough understanding of the work to be performed;

-Maintaining record retention procedures for printed forms.

Many thanks. Kindly help @Newmum0615 @40manlappy @Glitteringstar

Kindly help out.

Hello e-family.

Thanks for helping me clarify which job designation I should settle for. I would appreciate if I could get assistance on which NOC this JD as a Compliance Officer goes with:

-Ensuring that Compliance requirements are fulfilled in accordance with the bank’s policies and procedures;

-Pro-address relevant issues concerning compliance in order to keep the approach, tools and skills of the Bank’s Compliance Function up to date;

-Identification of risks, areas of improvement (checklists, working papers, processes and procedures etc.), efficiencies and synergies and make appropriate recommendations to Chief Risk/Compliance officer and Management compliance committee. Immediately notify the team lead when unacceptable risk is identified and propose an appropriate solution;

-Carrying out investigations or ad hoc reviews at the request of senior management;

-Working closely with other control groups such as legal, risk management, audit and business supervisory functions to ensure coverage is comprehensive and consistent and that issues are appropriately addressed on a timely basis;

-Collaborate and cooperate with other departments to ensure professional responsibilities are fulfilled in an efficient manner, with due regard for the activities of those departments;

-Working with the Compliance testing team and Internal Audit to identify emerging risk areas and recommending ad hoc testing as necessary;

-Assist with the issuing of reports concerning Compliance Assignments within the set deadlines. Therefore write parts of the report to an increasing extent independently, according to quality standards of the Compliance Function and within the set time-limits.

-Differentiate high risk issues among compliance check findings;

-Systematically and logically analyse information;

-Develop an understanding of internal controls and related risk relevant for the bank and as a consequence a thorough understanding of the work to be performed;

-Maintaining record retention procedures for printed forms.

Many thanks. Kindly help @Newmum0615 @40manlappy @Glitteringstar

mcstan18:
Your job description fits more for 1112 than 1111. I fall under NOC 1111 and I'm certain that it doesn't include your description. Just check 1112 in case

Many thanks to Newmum0615. Didn't know she had already responded to your inquiry

Gratitude @Mcstan18.

As a follow-up. I have worked as a compliance officer for over four years (4 years) and less than a year as a risk officer - financials (which is now my new designation).

Which should I have stated on my REF letter?

Newmum0615:
I am guessing you are in Market Risk Unit or something similar. I had a stint in Market Risk and the JDs you listed are very similar to what I did. 1111 tilts towards those in Financial Control or Accounting and Financial Audit departments.

Have you checked "1112 Financial and investment analysts"

I am in Risk and Compliance Department.

NOC 1112 is a good fit for the role.

I appreciate you @Newmum0615. God bless.

Hello great minds....many thanks for all the efforts put in from all. God bless us and He would make this a dream come through with marvellous rewards.

I need help with the choice of NOC to settle for. Please find below my JD.

Risk Officer - Financials

-Monitoring and control of foreign currency position, weekly, monthly or regularly;

-Reviews all financial transactions resulting in a material change of the currency position pre-trade with regards to implications on ABN's OCP (Open Currency Position) and monitors the development of all material existing OCPs;

-Evaluation of all material OCPs on a monthly basis using the VAR(Value at Risk) tool taking into consideration the confidence level as well as the holding level;

-Conduct stress scenarios on the bank's FX l (Foreign Exchange) and liquidity situation considering different and various situation;

-Identification and monitoring of key Macroeconomic factors/ indicators including the reporting of the development of these indicators;

-Assessment & review of overall liquidity position and give an independent opinion to the management;

-Monitoring and reporting of Key Risk indicators for Liquidity, Counterparty and Financial Risk;

-Conduct an analysis of potential and existing counterparty;

-Review market information about counterparties annually;

-Re-assesses all counterparties, approved transaction types and established exposure limits on an annual basis;

-Verifies compliance of transactions with approved limits and monitors exposures on a monthly basis;
and
-Assist the CRO (Chief Risk Officer) in preparation of Financial Risk Report section as part of the Risk Report for the Board of Directors.

The closest I am seeing is 1111. Kindly help.

@Newmum0615 @40Manlappy and anyone with any idea or similar issue.

Osemigho:
Who's going to or living in calgary? Pls lets connect.

Hello Osemigho, I will like u to guide me through this admission process. I am still going through the various posts on this trend and previous ones but will appreciate your mentorship. God bless you. How can I contact you?