Head of M-Pesa Risk and Compliance at Safaricom Kenya

Description

We are pleased to announce the role of Head of M-Pesa Risk and Compliance Risk for M-Pesa business in the region. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Brief Description

Based in Nairobi, the position will report to the Chief Corporate Security Officer; Safaricom PLC. The holder of the position will be responsible for overall risk and compliance management of M-Pesa business in the region.

Detailed Responsibilities

• Formulating the strategy and framework for compliance and risk within the M-Pesa space, not limited to identifying key risks, monitoring such risks, creating and implementing a robust compliance program.
• Accountability to the Audit & Risk Committee and Board for the delivery of the compliance requirements in order to underpin the delivery of M-Pesa products.  Regular interaction with C-Suite personnel in M-Pesa markets and third parties including to ensure that minimum requirements are met.
• Ensuring compliance with all M-Pesa policies and regulatory requirements.  The creation and implementation of a robust compliance framework.
• Ensuring compliance and adherence to Anti Money Laundering regulations (including FATF guidance) as well as being accountable for the development and functionality of the Anti-Money Laundering platform that the markets need in order to comply with applicable global sanctions regulations, including Office of Foreign Assets Control (OFAC) and screening for Politically Exposed Persons.  
• Management and implementation of the GSMA Mobile Money Accreditation program ensuring that markets retain their accreditation also ensuring that other markets achieve accreditation in the near future.
• Management of the Anti-Money Laundering shared service centre team in respect of watchlist screening and transaction monitoring.  To be responsible for the development and implementation of compliance training requirements for M-Pesa:  monitoring the market plans and sharing best practice as and when required.  
• Accountable for ensuring that all new product development is risk assessed and meets the pre-defined risk appetite.  
• Management of a small team of direct reports. 

Qualifications

• At least 8 years’ experience in a financial services environment with at least 4 years of which should be in a senior leadership position
• Possesses a relevant Bachelor’s Degree from a reputable organization
• Professional qualifications ideally in the field of Anti-Money Laundering and/or compliance
• Clear people leadership experience
• Evidence of Anti-Money Laundering leadership and knowledge
• Excel at setting up networks within a high-growth environment and agility at working in a fast moving environment 

Additional information

As part of the interview, process external candidates should prepare the following documentation, which will be required at a later stage based on your performance in the interviews.

• An updated CV with contacts of three referees, 2 who must be professional and must have supervised you at some point, the other referee can be a colleague in the same professional field.
• Kenyan Certificate of Good Conduct (Less than 1 year old) or a receipt of the same from the CID pending release of the hardcopy document.
• Clearance certificate from a reputable Credit Reference Bureau (CRB)
• University Degree Certificate/ Letter of Completion from University in case you have not received your degree certificate.
• Copy of your National ID/Passport