Principle Accountabilities

• Conduct and regularly update the Bank’s AML/CFT/CPF risk assessment.
• Champion initiatives to further strengthen the culture of AML/CFT/CPF Compliance across all lines of business by ensuring visibility of the AML/CFT/CPF agenda.
• Act as a point of reference to the business on AML/CFT/CPF-related issues.
• Work closely with the Business to identify suspicious transactions for ML/TF & PF with emphasis on higher risk customers and transactions.
• Receive, review and investigate Suspicious Transaction Reports and forward to MLRO for review.
• Perform sanctions, PEP and adverse media screening program.
• Researching and advising the business on emerging trends and regulations touching on AML/CFT/CPF.
• Escalate and report AML/CFT/CPF compliance issues to MLRO as well as the plans for resolution. 
• Review the company AML/CFT/CPF policy on regular basis to ensure completeness and consistency with emerging AML/CFT/CPF compliance requirements.
• Monitoring of transactions for suspicious activities and closure/escalation of alerts.
• Ensure screening of customers is conducted at onboarding and periodically against sanction lists, internal caution and Black lists, and PEP database.
• With emphasis on high risk customer, conduct regular reviews of newly opened accounts to ensure compliance with the requirements.
• Conduct AML/CFT/CPF risk checks on new products and services prior to introduction.
• Preparation and filing of compliance reports.
• Prompt response to regulatory requests i.e. FRC, CBK, EACC, KRA, KBA etc
• Attend AML/CFT/CPF compliance related meetings with external stake holders, as the AML/CFT/CPF compliance representative. 
• Assist in implementing a bank-wide AML/CFT/CPF program through risk awareness training program for all staff especially on identification and reporting of suspicious transactions
• Maintain detailed knowledge of current AML/CFT/CPF regulations and keep track of developments within the AML/CFT/CPF scope, sanctions, terrorist financing issues, including policies, procedures, industry best practice, criminal typologies and developing trends.
• Maintain strong working relationships with internal stakeholders to ensure that compliance issues are regularly discussed and addressed.
• Monitor and track closure of management actions from the compliance reviews, regulator’ and External auditor’ reports.
• Prepare monthly and quarterly reports on the state of AML/CFT/CPF program to the Risk Management Committee and the Board.
• Report control weaknesses or lapses to the senior compliance manager/MLRO in a timely manner, recommend mitigation controls or process and policy changes and follow up implementation of agreed actions.
• Execution of instructions and any other duties from the Senior Manager Compliance, as assigned from time to time.

Key Competencies and Skills

General competencies:  

• Communication skills
• I.T. Skills (Ms office)
• Creativity
• Team player
• High levels of professionalism and professional development.
• Honest with impeccable integrity (high ethical standards)

Technical competencies: 

• Deep knowledge of the regulatory environment with regard to AML/CFT regulations.
• Ability to understand and document workflows and business processes
• Strong analytical and monitoring skills
• Good report writing and presentation skills
• Working knowledge of Go-AML System
• Working knowledge of AML software applications

Minimum Qualifications, Knowledge and Experience

Academic & Professional

• Bachelor’s Degree in Commerce, Finance, Banking, Law, Risk Management or a related field
• Certification in Anti-Money Laundering.

Experience

• 3 years’ experience in the Banking industry and at least 1 year in AMLCFT/CPF compliance role within enterprise risk management framework.