FOLARIN OLADOTUN KOLAWOLE
Senior Banking Officer | International Settlements & Compliance Specialist
Lekki, Lagos state, NG.About
Highly accomplished Senior Banking Officer with over 10 years of experience in international settlements, FX transactions, and regulatory compliance within the financial sector. Proven expertise in optimizing payment processes, leveraging data analytics for fraud detection, and ensuring strict adherence to anti-money laundering regulations. Seeking to apply advanced financial operations management and data analysis skills to drive efficiency and enhance robust compliance frameworks in a forward-thinking organization.
Work
Guaranty Trust Bank Ltd
|Senior Banking Officer, International Funds Transfer Unit
Lagos, Lagos, Nigeria
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Summary
Led international funds transfer operations, overseeing FX transactions, ensuring regulatory compliance, and driving process improvements for enhanced efficiency and security.
Highlights
Supervised and mentored direct reports, ensuring team activities aligned with key performance indicators (KPIs) to optimize operational efficiency and service delivery.
Verified daily processing of over 950 FX outflow wire transactions, facilitating secure and accurate transfers to offshore beneficiaries via SWIFT application.
Approved over 1000 daily FX inflows from correspondent banks, conducting thorough compliance checks and financial analysis to ensure precise crediting of customer accounts.
Monitored and escalated high-risk incoming/outgoing FX payments using advanced sanction screening tools, effectively detecting and preventing fraud and money laundering activities.
Initiated and contributed to the implementation of payment process automations, significantly enhancing operational efficiency and reducing manual errors within the unit.
Performed daily reconciliation of the bank's offshore balances with multiple corresponding banks, ensuring financial accuracy and mitigating discrepancies.
Prepared and submitted critical daily/monthly EFASS/Schedule IX reports to the Central Bank of Nigeria (CBN) via FINCON, ensuring timely regulatory compliance.
Collaborated on a core banking software migration project (FINACLE), successfully transitioning unit functions and menus to enhance system robustness and operational capabilities.
Leveraged data analytical tools to generate actionable customer insights and inform product improvements, providing comprehensive reports to development teams.
First Bank of Nigeria PLC
|Customer Service Assistant (NYSC Service Year)
Owo, Ondo State, Nigeria
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Summary
Provided comprehensive customer service, managed account operations, and ensured compliance with bank procedures during National Youth Service Corps.
Highlights
Facilitated the opening of new customer accounts, ensuring strict adherence to bank policies and regulatory requirements.
Managed comprehensive documentation for customer mandate cards, maintaining accurate records for regulatory compliance and operational efficiency.
Organized and distributed ATM card PINs securely, ensuring efficient and timely delivery to customers while maintaining confidentiality.
Maintained meticulous records of received customer cheque books, ensuring secure handling and distribution processes.
Investigated and resolved anomalies in customer accounts, safeguarding financial integrity and enhancing customer trust.
Education
Obafemi Awolowo University, Ile-Ife
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Executive Masters
Business Administration
University Of Ilorin, Ilorin
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B.Sc (Hons)
Statistics
Moret Comprehensive college, Ibadan
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Secondary School
Secondary School Leaving Certificate
Languages
English
Certificates
Black Leadership Essential Program
Issued By
McKinsey Leadership Academy
Intermediate Course in Data Analytics with MS EXCEL, MYSQL and POWER BI
Issued By
DATALEUM
Fraud Prevention, Detection and Control
Issued By
Control Edge Consulting Limited
Gtbank Entry Level Training Programme
Issued By
Leadership and Vision Limited
Financial Health Clinic
Issued By
Lotus Capital
Skills
Financial Operations
International Settlements, FX Transactions, SWIFT Payments (MT & MX), Payment Processing, Reconciliation, Offshore Balance Management, Vendor Payments.
Compliance & Risk Management
Anti-Money Laundering (AML), Fraud Detection, Sanction Screening Tools, Regulatory Reporting (EFASS/Schedule IX), Central Bank of Nigeria (CBN) Regulations, Compliance Checks.
Data Analysis & Tools
Data Analytics, Data Visualization, MySQL, MS Excel, Power BI, Customer Insights.
Banking Software & Systems
FINACLE, Core Banking Software Migration, SWIFT Application.
Process Improvement
Process Automation, Operational Efficiency, KPI Management.
Customer Service & Relationship Management
Customer Complaint Resolution, Stakeholder Engagement, Account Management.