Implement adequate AML/CTF/CPF controls to ensure that all possible areas of AML/CTF/CPF concerns are covered.
Perform regular reviews of all AML/CTF/CPF controls to assess effectiveness. This includes;
Sanction and Politically Exposed Person (PEP) screening program
Transaction monitoring program
Suspicious Activity Reporting (SAR) management program
Adverse Media mentions review program
Investigative orders management program
Perform detailed analyses to detect patterns, trends, anomalies and schemes in transactions and relationships across bank’s processes/ customers/ products.

Collaborative Partnerships

Assist in implementing a bank-wide AML/CTF/CPF program through risk awareness training program for all staff especially on identification and reporting of suspicious transactions.
Maintain detailed knowledge of current AML/CTF/CPF regulations and keep track of developments within the AML/CTF/CPF scope, sanctions, terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
Maintain strong working relationship with internal stakeholders to ensure that compliance issues are regularly discussed and addressed.

Strengthening Risk Management

Ensure that AML/CTF/CPF procedures and processes are in line with regulatory requirements.
Proactively identify gaps in the assigned reviews, assessments, projects and follow up on implementation of agreed mitigation controls.
Monitor and track closure of management actions from the compliance reviews, regulators’ and External auditors’ reports.

Reporting

Prepare weekly, monthly and quarterly reports on the state of AML/CTF/CPF program to the MLRO
Report control weaknesses or lapses to the manager 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 Manager Compliance/ Senior Manager Compliance, as assigned from time to time.

DECISION MAKING AUTHORITY

Closure and escalation of alerts
Suspicious transaction to be reported
Appropriate documentation for use in Suspicious Activity or Transaction supporting documents
Transactions to be marked in the system as suspicious
Customers to be updated in the blacklist
Communications to business on awareness on issues and trends noted
Appropriate remediation action on implementing the Bank’s AML/CTF/CPF program
Training requirements for the business
Compliance activities to be monitored
Sample High-risk accounts to be reviewed

ACADEMIC BACKGROUND

WORK EXPERIENCE

At least 2 years’ banking experience in AML/CTF/CPF in an Enterprise Risk Management function

SKILLS & COMPETNCIES

Knowledge of money laundering techniques and regulations
Knowledge of regulatory compliance requirements and risk management principles
Demonstrable analytical skills and Experience in working with Server Query Language (SQL) and analyzing large volumes of data
Good knowledge of payment services and operations
Good Organizing and planning skills
Good knowledge of payment services and operations
Results oriented, effective communicator and a team player eager to learn and share experiences
Proficiency in Microsoft Office Applications

PROFESSIONAL CERTIFICATION REQUIRED

Certification in a professional association such as the Association of Certified Anti-Money Laundering Specialists (ACAMS)

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Mid-level Accounting, finance, banking, insurance jobs in Kitengela, Kenya