Job Description

Reporting to the Chapter Lead, Money Laundering Reporting Office, the role holder will have the responsibility to ensure the company complies with local and international AML legislation and regulations by promoting adherence to internal AML policies and procedures. This entails ensuring that sufficient controls are put in place to prevent use of Safaricom products and services by criminals to launder money, fund terrorism, proliferation financing or commit other crimes.

Responsibilities

• Develop and maintain effective customer onboarding due diligence program, watch list screening, transaction monitoring, training and suspicious activity reporting programs.
• Ensure that the subscriber network is compliant with applicable legislation governing subscriber registration.
• Ensure that agent, staff and partner due diligence is in compliance with the AML Regulations.
• Ensure the business has the appropriate level of controls to meet AML, CTF and CPF group policies as well as local and international regulatory AML requirements.
• Maintain an effective AML training program across the organization.
• Maintain a detailed knowledge of current AML regulations, legislation requirements, as well as future developments within the AML, CTF and CPF space and update Safaricom’s internal AML policies and procedures as appropriate.
• Develop and correlate insights on current and emerging AML, CTF and CPF trends and derive critical information to aid in decision making and performance benchmarks for internal controls.
• Active participation in AML, CTF and CPF reviews and other AML, CTF and CPF monitoring initiatives.
• Practice and collaborate on Risk assessments for products and services with internal stakeholders.
• Assess the effectiveness of the AML/CTF/CPF control procedures and recommend improvement opportunities.
• Build and maintain relationships with internal and external stakeholders required for supporting execution of the tasks to manage AML/CFT/CPF risks.
• Health & Safety
• Uphold the company code of conduct, policies and procedures, ensuring integrity and accountability in every aspect of your work.
• All employees have a responsibility to adhere to safety, health, and wellbeing policies.

Qualifications

• Bachelor’s degree or its equivalent in Law, IT, business or related field.
• Good knowledge of payment products, services and operations.
• Knowledge of money laundering techniques and regulations.
• ACAMs or other industry leading certification.
• At least 2 years’ experience in AML, Compliance, Fraud or Risk Management function.
• Demonstrable analytical skills and Experience in working with Server Query Language (SQL) and analyzing large volumes of data.
• Ability to work in complex environments and multiple projects simultaneously with strict deadlines to deliver on commitments.
• Highly developed interpersonal and communication skills.
• Possess high professional and ethical standards.
• Results oriented, effective communicator and a team player eager to learn and share experiences.