Adesayo Bilubaje
Toronto,ON
Summary
Detail-driven Compliance Officer focused on maximizing company compliance with applicable laws and standards. Knowledgeable about internal controls, investigations, process evaluations, and procedural reviews. Excellent report writing and presentation and very comfortable with microsoft office. Enjoy building and improving processes particularly in an Agile environment and can work effectively either in a team or without supervision.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Compliance Officer
PIGGYTECH GLOBAL LIMITED
06.2022 - 08.2023
- Set up an effective compliance program for the number one savings and investment financial technology company in Nigeria
- Designed the Enterprise Risk Management Framework for the group
- Developed and implemented all the Compliance and Risk Management policies and processes for the Asset Management and the Mobile Money businesses
- Responsible for developing the training curriculum for the board and all employees to improve the control environment
- Collaborated with IT to build a report module for transaction monitoring that flags suspicious transactions for further analysis and reporting to the regulator (NFIU)
- Responsibilities:
- Head of the Compliance function for the Group, which comprises Piggyvest, Abeg Technologies Limited (Mobile Money Operator), PV Capital (Funds Manager), and Patronize
- Responsible for leading the design, implementation, and management of the Compliance Risk Management Plan (CRMP) for all regulatory obligations and requirements for the mobile money operation and asset management licenses
- Built the regulatory universe for all the licenses held by the businesses
- Set up the risk management tools like Risk and Control Self-Assessment and Key Risk Indicators to manage enterprise risks
- Supervise the risk identification and risk mitigation procedures in the organization
- Chief liaison officer for all regulatory interactions
- Compliance reporting to internal and external stakeholders
- Identified potential areas of compliance vulnerability and risk to develop and implement corrective action plans.
- Provided guidance, advice and training to improve business' understanding of related laws and regulatory requirements.
Head of Compliance
STANBIC IBTC STOCKBROKERS LIMITED
02.2020 - 05.2022
- Awarded the prestigious Stanbic IBTC “Beyond Excellence Award” in the Service category in November 2021
- Developed and delivered a comprehensive Compliance Risk Management Plan across the organisation covering high risk areas in line with overall business strategy.
- Successfully and continuously achieved satisfactory audit ratings from internal audit reviews across compliance activities by embedding compliance processes and procedures across regulatory operations
- Developed an interactive dashboard that tracks regulatory returns to ensure prompt rendition of all returns
- Transformed the KYC process and developed a deferral process that ensured clients enjoyed seamless onboarding experience while ensuring adherence to all regulatory requirements
- Achieved a satisfactory Internal audit report with no findings in October 2021 from an unsatisfactory audit position in less than two years
- Responsibilities:
- Responsible for leading the design, implementation, and management of the Compliance Risk Management Plan (CRMP) across Capital Market Operations covering all regulatory obligations and requirements
- Embedding a risk-based approach across compliance activities including prioritising compliance procedures for high-risk areas such as Derivatives and Securities Lending
- Adapting the compliance plan and strategy to reflect the business strategy covering retail and mass-market digital solutions including all regulatory frameworks and obligations
- Preparing Board Committee papers and making quarterly presentations to the board members on key regulatory developments and compliance activities
- Monitoring clients’ transactions to identify suspicious transactions and ensuring ongoing due diligence on clients’ accounts to guard against money laundering and terrorist financing
- Conducting detailed audits and overseeing audit findings and programmes of work to inform future improvements and compliance actions across key risk areas of the bank
- Ensuring all audit findings are addressed quickly and efficiently including those identified by Internal Audit and regulators
- Preparing regulatory submissions and internal reports for senior management and key stakeholders in line with requirements including addressing any supplementary questions or issues accordingly
- Evaluating regulatory changes and the business impact to ensure all elements are reflected in compliance and regulatory management strategy and plan for key operational activities
- Liaising with Regulators and other Law Enforcement agencies covering any investigations or regulatory policy developments across the industry on behalf of the bank
- Providing training and development for staff covering new regulatory developments and compliance policies with a focus on reducing risks and driving internal compliance standards.
- Managed compliance efforts, reporting and audits.
Branch Compliance Officer
STANBIC IBTC BANK
05.2016 - 01.2020
- Awarded the most supportive assurance function staff in the South region in 2019
- Responsibilities:
- Oversaw development and implementation of Compliance Risk Management Plan across regulatory obligations and internal compliance standards
- Liaising with senior management on key regulatory issues including providing assurance, preparing reports, and conducting incident investigations
- Career Summary (continued)
- Promoted ethical monitoring processes across organisation including training for staff on compliance policies, anti-bribery and corruption standards, and broader Gift and Entertainment Policies and Conflict Interest Policy
- Reviewing KPIs and compliance performance information across regulatory reporting and controls including risk management requirements.
Resident Control Officer
HERITAGE BANK LIMITED
08.2015 - 05.2016
- Awarded with the annual award in 2015 for performance across reconciliation and compliance controls in particular the reconciliation of government tax collection accounts
- Responsibilities:
- Responsible for managing the control of key operational processes and procedures in line with internal standards and obligations
- Identifying and implementing changes and improvements on processing time and efficiency rates to reduce costs and enhance control performance
- Delivering year-on-year improvements in reported losses across operations covering financial and non-financial budgets and targets.
Internal Control Officer
ENTERPRISE BANK LIMITED
08.2014 - 08.2015
- Managing the reporting and administration for taxes covering WHT and VAT collection accounts and developing the reporting template for internal management and controls
- Conducting audits and reviews including preparing any incident reports as and when required in accordance with internal controls and policies.
Education
Graduate Certificate - Financial Services Compliance Administration
Seneca College, Newhanm Campus
Toronto, ON07.2024
Bachelor of Science - microbiology
University of Jos
Jos05.2006
Skills
- Compliance and Assurance Planning
- KYC and Customer Due Diligence
- Internal Controls and Reporting
- Compliance Monitoring
- Staff Training and Development
- Agile and Scrum Practitioner
- Design thinking
- Data Analysis (Power BI & Excel)
- SQL and basic python
- Sanctions Screening
- Process modelling and mapping
- Report writing and Presentation
- Audit and Investigations
- People Management
- Regulatory Reporting and Engagement
- Risk Assessment and Management
- Fraud Investigations
- Intelligence Gathering
- Regulatory Requirements
- Investigations Management
- Business Operations
- Customer Care
- Privacy and Confidentiality
Languages
English
Full Professional
Certification
- Associate Member, British Computer Society (AMBCS) (May 2021)
- Foundation Certificate in Business Analysis (May 2021)
- Member, Chartered Institute for Securities and Investments (April 2021)
- Association of Chartered Certified Accountants (ACCA) (Mar 2018)
- Associate, Compliance Institute of Nigeria (ACIN) (Dec 2017)
Timeline
Senior Compliance Officer
PIGGYTECH GLOBAL LIMITED
06.2022 - 08.2023
Head of Compliance
STANBIC IBTC STOCKBROKERS LIMITED
02.2020 - 05.2022
Branch Compliance Officer
STANBIC IBTC BANK
05.2016 - 01.2020
Resident Control Officer
HERITAGE BANK LIMITED
08.2015 - 05.2016
Internal Control Officer
ENTERPRISE BANK LIMITED
08.2014 - 08.2015
Graduate Certificate - Financial Services Compliance Administration
Seneca College, Newhanm Campus
Bachelor of Science - microbiology
University of Jos
- Associate Member, British Computer Society (AMBCS) (May 2021)
- Foundation Certificate in Business Analysis (May 2021)
- Member, Chartered Institute for Securities and Investments (April 2021)
- Association of Chartered Certified Accountants (ACCA) (Mar 2018)
- Associate, Compliance Institute of Nigeria (ACIN) (Dec 2017)
Similar Profiles
PRECIOUS KUNUPRECIOUS KUNU
Senior compliance officer and DPO at PiggyTech Global Limited UK (Piggyvest)Senior compliance officer and DPO at PiggyTech Global Limited UK (Piggyvest)
AKSHAY KUMARAKSHAY KUMAR
Account Manager at NFCI Global Private Limited, Corporate Office of NFCI Educations Private LimitedAccount Manager at NFCI Global Private Limited, Corporate Office of NFCI Educations Private Limited
ADEBIMPE FELICIA OBATOYINBOADEBIMPE FELICIA OBATOYINBO
Senior Accounts Payable Specialist at SILVER TIARA LOGISTICS LIMITED (A Subsidiary of STERLING GLOBAL OIL RESOURCES LIMITED)Senior Accounts Payable Specialist at SILVER TIARA LOGISTICS LIMITED (A Subsidiary of STERLING GLOBAL OIL RESOURCES LIMITED)