The role is to assist in Money Laundering, Know Your Customer, Financing of Terrorism & Proliferation Financing risk identification, measurement, monitoring, management, and reporting in line with Faulu Microfinance Bank Compliance Policy and Old Mutual Group Compliance requirements.

KEY MEASURABLE GOALS

• Continuous monitoring of the evolution of the Bank’s Money laundering, financing of terrorism & Proliferation Financing risk through periodic update of the Bank’s AML/CTF/CPF Compliance key risk indicators.
• Assist in periodic review of the Bank’s AML, KYC, CTF & CPF policy and Sanctions Compliance policy in line with the Bank and Group requirements
• Review of process flows and procedures for adequacy of AML, KYC, CFT & CPF Risks management
• Conduct periodic review and monitoring of the Bank’s AML, CFT, CPF customer, product, process, and geographical risk assessment framework.
• Conduct review of designated Very High Risk customer account opening files for approval by Management
• Conduct daily transaction sanctions screening in line with set parameters and management of screening blacklists 
• Conduct daily AML, CFT, CPF transaction monitoring and continuous management of monitoring thresholds.
• Administration and management of KYC Returns
• Review of AML, KYC, PEPS, CFT & CPF findings from reports and monitor resolution progress
• Conduct AML, CFT & CPF Risk Assessment on Bank counterparties
• Completion of AML, KYC ,CFT & CPF risk questionnaires issued on the Bank
• Conduct AML, CFT & CPF Risk assessments on new products, geographical areas or any other risk profile
• Assist in roll out of new AML, CTF & CPF  related regulatory releases
• Assist in follow-up for implementation of AML, KYC, CFT & CPF Audit recommendations
• Administration of internal and regulatory AML, CTF, CPF reporting including Suspicious Transaction Reporting, Cash Transaction Reporting and Annual Compliance Reporting
• Preparation of Monthly and Quarterly Management reports on AML, KYC, CFT & CPF Risk
• Participation in assigned meetings as a representative of the Compliance unit
• Provide advisory to all staff on all AML, KYC, CFT, CPF and Sanctions matters in the Bank
• Perform other duties as assigned by the Compliance Manager or Head of Risk & Compliance

Education

Bachelors Degree in Business related / Law degree

Desirable

ACAMS or similar AML certification.

Knowledge and Skills

• Open minded and solution oriented.
• Ability to influence with good negotiation skills.
• Good communication and interpersonal skills.
• Good Analytical skills.
• Proficiency in report writing.
• Ability to take initiative and follow through on defined tasks
• Possess high levels of integrity.
• Advanced computer skills in MS Office

Experience  

At least 3 years in AML / CFT / CPF operations.