Morayo Falodun - Head of Compliance
Professional Overview
Morayo Falodun is an accomplished compliance professional with over 15 years of experience in the banking and financial services industry. As the Head of Compliance at YAP, she is responsible for overseeing the company's adherence to regulatory requirements, implementing robust risk management strategies, and ensuring the organization maintains the highest standards of ethical and compliant practices.
Experience Summary
Current Role
As the Head of Compliance at YAP, Morayo is instrumental in shaping the company's compliance framework and driving initiatives that enhance its regulatory posture. She leads a team of compliance specialists, ensuring the implementation of effective controls, policies, and procedures to mitigate financial crimes and safeguard the organization's reputation. Morayo's expertise in compliance risk assessment, transaction monitoring, and client surveillance has been crucial in strengthening YAP's compliance capabilities and fostering a culture of ethical decision-making.
Career Progression
Prior to her current role, Morayo held various leadership positions in compliance and financial crime control at Standard Chartered Bank and NymCard. As the Director of Compliance at NymCard, she was responsible for developing and implementing the company's compliance strategy, overseeing regulatory reporting, and driving initiatives to enhance the organization's compliance maturity. During her tenure at Standard Chartered Bank, Morayo progressed through roles such as Director of FCC Controls, Head of FCC Customer Account Controls, and Senior Manager of Regional Financial Crime Intelligence Operations, demonstrating her expertise in financial crime prevention and regulatory compliance.
Academic Background
Morayo holds a Bachelor's degree in Business Administration from the University of Lagos, Nigeria, and a Master's degree in Finance from the University of Warwick, United Kingdom. Her academic achievements and specialized training in financial regulations and compliance have been instrumental in shaping her professional career.
Areas of Expertise
- Compliance risk management
- Financial crime prevention and detection
- Transaction monitoring and surveillance
- Regulatory reporting and implementation
- Anti-money laundering (AML) and know-your-customer (KYC) processes
- Compliance policy development and implementation
- Cross-functional collaboration and stakeholder management
Professional Impact
Throughout her career, Morayo has been recognized for her contributions to the compliance and financial crime control domains. At Standard Chartered Bank, she spearheaded the implementation of innovative surveillance techniques and optimization of transaction monitoring capabilities, resulting in enhanced fraud detection and improved regulatory compliance. At NymCard, Morayo played a pivotal role in strengthening the company's compliance posture, positioning it as a trusted and compliant partner in the fintech industry.
Conclusion
Morayo Falodun's extensive experience, coupled with her deep understanding of compliance regulations and financial crime risks, make her a valuable asset to YAP. As the Head of Compliance, she is committed to driving the organization's compliance excellence, fostering a culture of ethical decision-making, and contributing to the overall success and growth of the company.
