EMMANUEL KWASI ASHIGBI

Key responsibilities

• Risk & Compliance Assessments: Execute Level 2 Control Plan, reviewing Level 1 controls to ensure their effectiveness in mitigating business risks, and ensuring compliance with regulatory requirements.
• Control Testing and Evaluation: Critically assess the design, execution, and reporting of Level 1 controls, ensuring adherence to SG Group directives, and regulatory standards.
• Reporting & Action Plan Monitoring: Prepare detailed control assessment reports, recommend corrective actions, and ensure timely follow-up on remediation plans to address control weaknesses.
• Operational Process Reviews: Conduct in-depth process reviews beyond control execution to identify systemic gaps and root causes, leading to improved risk mitigation strategies.
• Regulatory and Internal Compliance: Ensure all deliverables comply with internal methodologies, regulatory expectations, and Group standards, while leveraging data-driven testing for risk assessments.
• Stakeholder Engagement: Collaborate with business units, risk managers, and compliance teams to enhance control effectiveness, escalate overdue risk actions, and drive a culture of continuous improvement.

Key responsibilities & achievements:

• Executed second-line defense KYC controls, identifying anomalies, and conducting workshops to educate quality control teams.
• Conducted screenings and assessments of potential customers, third parties, vessels, and legal entities to identify money laundering risks.
• Executed customer database filtering to identify PEPs and SPOs, ensuring enhanced due diligence.
• Evaluated escalated trade finance requests focusing on mitigating sanctions and embargoes risk.
• Mitigated AML/CFT risk through thorough funds transfer analysis.
• Ensured adherence to regulatory standards for KYC/CDD/EDD, AML/CFT, and S&E compliance pertaining to high-risk and PEP clients.
• Assisted in implementing compliance processes, deploying tools, and supporting project management for the Compliance Team.
• Delivered in-person training to eight Societe Generale PLC branches on AML, KYC, CRS, and FATCA, enhancing staff awareness and compliance culture.
• Certified in three ACAMS foundation courses (Sanctions & Embargoes, AML, KYC).
• Reviewed 21 high-risk PEP clients (2019-2022), and uncovered 132 new PEPs/SPOs through database screening.
• Contributed to the enhancement of onboarding procedures, KYC checklists, and account opening forms (2022).
• Developed procedures for KYC periodic review per BOG requirement, event-driven reviews per SG Group requirement, and deferral requests (2022).
• Supported the Chief Compliance Officer in monthly and quarterly GPS controls, audit reports, and compliance committee preparations.
• Performed thorough reviews and validations of periodic review files over a three-year period up to 2022.

Key achievements:

• Generated and ensured timely submission of detailed reports to oversight authorities(BOG & SG Group.
• Executed permanent supervision controls using the Narval tool, ensuring oversight and compliance for risk mitigation.
• Assisted in reviewing procedures, and prepared quarterly operational risk reports to support risk management efforts.
• Developed sectoral budgets and coordinated corporate projects, including KYC remediation, BI tool, and MERCI tool implementation.
• Monitored and analyzed the financial performance of corporate relationship managers and sectors to identify trends for management decision making.
• Generated daily corporate deposit and loan reports to track stock levels and financial exposure for management decision making.
• Prepared collateral and security perfection reports to ensure compliance with risk policies.
• Monitored aging reports and flagged deviations for escalation to risk management.
• Oversaw the unit for eight months post department-head’s resignation, ensuring smooth operations, supervising and training two colleagues, and coordinating monthly business development meetings with senior management.
• Streamlined compliance and reporting by ensuring the accurate and timely submission of biannual and monthly reports to regulatory bodies, while executing permanent supervision controls to identify and resolve anomalies.
• Led and coordinated three key projects—MERCI tool, BI tool, and KYC Remediation—by collaborating with cross-functional teams, and international subsidiaries, developing monitoring tools, and ensuring seamless execution.
• Played a key role in strategic financial planning, contributing to the preparation of the 2017 and 2018 financial budgets for the Corporate Coverage Department, and actively participating in the bank’s 2017 re-segmentation initiative.

Key achievements:

• Supported the Corporate Services & Support team in confirming and verifying cheques and transfer instructions.
• Assisted in preparing reversal and refund requests, vetting guarantee documents, and drafting memos for Legal Department submissions.
• Assisted corporate credit analysts in preparing Credit Report Memoranda (CRM) and conducting financial spreads.
• Contributed to the 2014 KYC project by completing 80 KYC files, engaging directly with customers to validate and update critical compliance information.