Providing guidance and subject matter expertise to lines of business, functions, and other partners on matters pertaining to AML including regulatory and policy obligations and risk appetite.
Develop and implement an AML/CFT compliance program
Develop and maintain up to date policies, procedures, and other relevant program documents.
Conduct annual institutional risk assessments
Undertake AML and Sanctions screening, beneficial ownership research, risk assessment, document verification, on-going monitoring, and periodic review where necessary, providing guidance to Management and Board as part of membership management
Review proposed new products and services and proposed enhancements to existing products and services, to identify financial crime risks, provide advice to the businesses and identify proposed risk mitigants
Leverage dashboards and available reporting to monitor transactions and develop any required actions based on findings.
Receive and analyse Suspicious Transaction Reports from staff and submit relevant reports to the FIU
Developing and delivering training and guidance to staff on AML/CFT
Providing ad hoc papers, reports and other information at the request of Management, Board and Regulators
Responding to requests from regulators, internal audit and external audit teams relating to reviews of AML/CFT programs
Assist with any other AML Compliance related matters or projects as identified and assigned by the Risk and Compliance Manager
Qualifications:
Degree in Banking, Business Studies, Finance, Economics or Accounting /
Post Graduate Qualification in AML/CFT e.g. ACAMS is an added advantage