AML & CTF Compliance Analyst

Job role and responsibilities

 

As AML and Compliance Analyst, this function consists in supporting Manager AML & CTF Compliance/AML & CTF Compliance building the practical framework required to:

• Identify actual and potential fraud, money laundering or terrorism financing activities.
• Lead appropriate actions to stop and prevent fraud, money laundering and terrorism financing activities.
• Conduct Compliance Review, Analysis, Screening and Monitoring.
• Ensure that all stakeholders are complying with all applicable laws, policies and procedures.
• Identify fraudsters and people involved in suspicious activities.
• Ensure that all Customers and Business KYC are compliant through a quality assurance process on KYC and Due Diligence.
• Review watchlist screening and transactions monitoring related alerts;
• Ensure monitoring of Betting & Gaming companies;
• Support Compliance Training, and AML & Compliance project implementation;
• Monitor and identify important changes on ML/TF/PF Legal and Regulatory sectors.
• Ensure effectiveness of Risk Based Approach applied to onboarding and ongoing Due Diligence (DD refreshment, DD review, Contractual obligations, etc).

Key performance areas

 

• In the area of Mobile Money, perform alerts monitoring and produce related reports on daily basis.
- Customer and Business KYC Monitoring and Due Diligence Review;
- Suppliers Due Diligence, Economic Sanctions Onboarding and Ongoing Screening;
- Monitoring of Operators Activities on KYC;
- Watchlist Screening (Customers, Operators, UBOs and Organization);
- Customer Individual and Business Transaction Monitoring;

• Perform M-Pesa operators and Back Office activities monitoring;
• Contribute to Compliance risk assessment review and change management process by giving its recommendations in terms of configurations and/or process which could become breaches of fraud, money laundering or terrorism financing;
• Establish incident report for any identified leakages, money laundering, terrorism financing or fraud cases.
• Share with Fraud team to establish an alert bulletin for any suspected fraud.
• In order to improve business continuity within the team, he/she will also be expected to assist on ad hoc basis with AML and Compliance activities.

Qualification, training & work experience

 

• 5 years bachelor degree or 3 years bachelor degree in economics, computer science, statistics or related fields.
• Computer literacy (SQL and PL/SQL Scripts, Elaborate reports & presentation)
• 6 Months experience in Compliance, Mobile Money, Electronic Banking, Revenue Assurance, Fraud, Internal Controls, Investigations, VAS or Audit in telecom/banking environment.

Knowledge and Skills

 

• Results orientation.
• Pro-activity.
• Analytical though.
• Law and Regulation Interpretation.
• Integrity and ethical behavior.
• English & French.

Job Requirements

Minimum required  

• Law and Regulation Interpretation: Necessity to have a clear understanding and interpretation of applicable laws and regulations to propose policies and procedure implementation or review.
• Results orientation: In order his/her action to have a clear impact on the bottom line, issues should effectively and timely be close-looped.
• Pro-activity: In order to prevent and minimize loss, better anticipate and take preventive actions rather than react and complain.
• Analytical though: Necessity to have a clear understanding of end-to-end process flow.
• Personal motivation: Self driven & committed to work towards goals achievement
• Teamwork Skills: Ability to collaborate effectively with others, take on responsibilities for team success, and contribute positively to the overall group dynamic.
• Integrity and ethical behavior: Show no complacency against any suspected and/or confirmed negligence, unethical or even fraudulent behavior. 

• 6 Months experience in Compliance, Mobile Money, Electronic Banking, Revenue Assurance, Fraud, Internal Controls, Investigations, VAS or Audit in telecom/banking environment.

Other Requirements

• Detail conscious,
• Optimistic,
• Open-minded, receptive to change,

• Rigorous and Constant

• Ready to work over and above normal working hours