Compliance Officer and MLRO

To ensures that the company complies with its outside regulatory and legal requirements as well as internal policies and by laws.

Main Responsibilities:

• Monitor data/transactions to identify trends/irregular activities that may point out cases of money laundering and secure corroborating evidence on doubtful activities in order to raise level of detection and reporting;
• Prepare AML/CFT training materials and conduct awareness sessions across the Group to raise awareness on Money Laundering issues;
• Contribute in the preparation and submission of reports of Compliance for Management and the Board;
• Assist, as required, with regard to regulators in the context of the latter's on-site inspection/special examinations; offsite inspections and any information request from the regulator;
• Assist in the review of procedures for inadequacies that may ultimately entail risks;

• Identify and assess key risk factors when considering the compliance risks relevant to clients, products/services and/or business lines;
• Help manage a team by empowering, motivating and managing performance of employees to promote a high performance culture;
• Prepare and submit annual compliance plans to the Board of Directors;
• Handle AML reviews and provide advice when required
• Carry out inquiries and help prepare cases to support Money Laundering Reporting Officer (MLRO);
• Provide guidance and assist employees in monitoring suspicious activities for detection purposes and in communication to external parties;
• Assist the Board in ensuring that the organisation effectively complies with all relevant laws, regulations and industry codes and standards of best practices;
• Participate in any projects as may be advised by Management; Reviewing and approving financial communications to ensure that they meet Regulatory standards. Overseeing the approval process
• Preparing Management and board reports
• Maintenance of compliance registers
• Participate in the update of compliance manuals
• Keep abreast with developments in regulatory framework, financial and banking trends and industry best practices and standards towards continuous improvement initiatives

The ideal candidate should have:

 Degree or master’s degree in (Law, economics, Finance, ect..)

• Minimum of 5 years proven experience (or more) in the financial services sector; OR
• Relevant Experience of at least 3 years in the industry subject to the submission of relevant and valid AML/CFT professional certification (Which include the Financial Services Institute (FSI), the Certified Anti-Money Laundering Specialist (ACAMS), the International Compliance Association (ICA); OR;
• Alternatively demonstrate a minimum of 10 years of relevant experience in the industry;
• Good knowledge of Microsoft tools (Excel, Word, Power Point etc.);
• Good attitude and communication skills.