AML & CFT Analyst at DIB Bank Kenya Limited (DIBBKE)

Ref. No. DB/RM/NRB/025/21 

Key Responsibilities

• AML Alert investigation, review the scenario triggered, analyse the transaction(s), query to branch, receive and review information from the branch and close alert/case within required timelines.
• Customer Due Diligence-View the alerts and create a case, review the case, and review the Enhanced Due Diligence (EDD), conduct preliminary investigation, update of customer risk level. Maintain database.
• Sanctions alert investigations, query and closure at onboarding and ongoing basis.
• Sanctions alert investigations from electronic payments, e.g., SWIFT to review and release payments in real time as Level 1.
• Review Cash Transactions above a prescribed threshold daily; including triggers that occur real time.
• Correspondent bank queries: review and investigate the customer(s) and transactions and update query log for tracking with the branch to close outstanding items.
• Complete AML Questionnaires from Correspondent banks and other FI’s.
• Data analysis of KYC data capture gaps in the system for corrective measures to be applied, maintain database of high-risk customers.
• Extract and submit the Cash Transactions Report on weekly basis to the Financial Reporting Centre.
• Perform User Acceptance Tests on update of system or various system customizations as they may arise.
• Assist the Manager with the training and record retention.
• Support the Manager in responding to queries from DIB staff on Compliance queries.
• Investigate suspicious transactions/ activity reports submitted by the branches or units in the bank and escalate to Compliance manager for review and decision.

Education:

• Bachelor’s Degree from a recognized university.

Training/Skills

• Accounting & Financial Capability
• Banking Operations
• Treasury Front/ Back office
• Products & Processes
• Knowledge & Skills
• Relevant Product Knowledge

Work Experience :

• Minimum 2-3 years’ experience in a similar role in a financial institution.

Competencies:

• Analytical Thinking
• Planning & Organizing
• Problem Solving Skills
• Negotiation
• Presentation skills
• Communication Skills