Principal Officer, Money Laundering Reporting Office at Safaricom Kenya

Job Description

This role will report to the Senior Manager, Anti Money Laundering.

Responsibilities

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, guidelines and procedures in all actions and decisions.
Ensure implementation and adherence to the organization’s AML, CTF and CPF controls.
Ensure that M-PESA and any other qualifying service offered by the organization is/are compliant with laws and regulations.
Ensure controls are in place to prevent the M-PESA service from being used by criminals to launder money, fund terrorism or commit other financial crimes.
Investigate and report incidents and/or suspicions of money laundering to the Financial Reporting Centre and to Senior management.
Maintain a detailed knowledge of current AML regulations, legislation requirements, as well as future developments within the AML scope. This should drive enhancement of the existing procedures.
Conduct AML training sessions as per agreed plans, such as during agent forums and staff induction sessions.
Perform regular reviews of AML & CTF controls in the various business areas to assess their effectiveness and recommend improvements.
Perform due diligence, transaction monitoring and sanction screening reviews. This should lead to timely detection, investigation, and reporting of suspicious activities in line with internal policies and guidelines.
Prepare weekly/monthly reports to internal stakeholders on Compliance exceptions and follow through for resolution of the same.
Automation of reporting dashboards for the department in order to reduce the effort and time taken to generate management reports.

Qualifications

Bachelor’s Degree or its equivalent.
Professional certification in AML, Compliance or Fraud Management.
At least 3 years’ experience in AML/Compliance in a Telco/Financial Services environment.
At least 3 years in data analytics environment generating business insights by running long lead, real-time and ad-hoc analysis.
Good understanding of AML and regulatory/legislative requirements.
Working experience with payment products, services, and operations.
Possess high professional and ethical standards.
Ability to work in in complex environments and multiple projects simultaneously with strict deadlines to deliver on commitments.
Team player who works effectively with others to identify and resolve issues.
Highly developed interpersonal and communication skills.