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  • Posted: Jun 24, 2020
    Deadline: Jun 30, 2020
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    Safaricom is a leading communications company in Kenya with the widest and strongest coverage. The home of the famous Mobile Money service- M-PESA
    Read more about this company

    Principal Officer - AML Monitoring

    We are pleased to announce the vacancy for Principal Officer - AML Monitoring within Risk and Compliance within M-PESA Africa. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

    Detailed Description

    Reporting to Senior Manager – AML Monitoring, the position holder will To support the Senior Manager Money Laundering and provide leadership in MPESA Africa anti money laundering (AML) and counter terrorist financing (CTF) monitoring and prevention processes, systems and platforms. Ensure the implementation and effective operation of AML and CFT platforms across all MPESA markets. Ensure effective and appropriate training of all users of AML and CFT platforms. Ensuring that M-PESA and any other qualifying service offered by the organization is/are compliant with provisions of all relevant anti money laundering and counter financing of terrorism regulation across all M-PESA markets.

    Job Responsibilities

    • Develop and maintain an effective monitoring and analytical function in regards to financial transactions across the M-Pesa Money transfer service
    • To implement a comprehensive review process of sample transactions or activities in the relevant M-Pesa Systems to identify suspicious transactions and activity systems
    • Create and supervise the creation of management and regulatory reports highlighting suspicious transactions and activity identified from the review of sample transactions
    • Implement and effectively operate AML and CFT platforms across the various M-Pesa markets.
    • Ensure effective training of all AML and CFT platform users and all other appropriate users
    • Carryout AML and CFT risk assessments across M-Pesa Africa activities, products and services
    • Drive Strategic research as required in relation to high value/threat of AML fraud, risk and security issues.
    • Follow-up of implementation of recommendations made by the annual Vodafone AML audit team or any other regulatory audit
    • Maintain a detailed knowledge of current AML regulations, legislation requirements, as well as future developments within the AML scope
    • Maintain strong working relationships with internal stakeholders e.g. M-PESA department, Legal, Fraud, Call Centre and relevant departments to ensure that compliance issues are regularly discussed with relevant stakeholders.

    Job Requirements

    • Bachelor’s Degree in Law, Business related field or computer science/ Information Technology
    • AML Qualification
    • At least 4 years proven experience in AML in a large financial institution or mobile money environment.
    • Experience in implementation of AML platforms
    • Experience in managing fraud management systems will be an added advantage

    go to method of application »

    Manager – Risk Road Map Product

    We are pleased to announce the vacancy for Manager – Risk Road Map Product within Risk and Compliance within M-PESA Africa. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

    Detailed Description

    Reporting to Risk and Compliance Director, the position holder will work alongside business and compliance stakeholders to develop product strategy, roadmap and requirements for Risk and Compliance tools to support M-PESA services on the mobile money platform and associated integrations. Provide thought leadership and direction to deliver a compelling compliance roadmap that underpins the growth of the M-PESA business by not only fulfilling regulatory requirements but protecting the strong reputation that M-PESA has in the mobile money industry! The digitization of the compliance programme is a key strategy of the compliance teams who will be reliant on the technology delivered.

    Job Responsibilities

    • Aligning with the Risk and Compliance Director, to shape the roadmap for Risk and Compliance technology, with a focus on electronic KYC registration solutions, enhancing AML control capabilities, and exploring options for fraud platform convergence
    • Plan and execute product discovery activities to identify market and technology trends, and customer challenges
    • Keep abreast of new developments and opportunities in the field of compliance technology and regulatory change.
    • Work with all stakeholders to build the product vision for M-PESA compliance technology, champion and maintain the Product roadmap in line with business priorities
    • Be accountable for the definition and prioritization of feature backlogs to reflect business and compliance priorities
    • Prepare RFPs for vendor selection
    • Assess feasibility and ensure solutions are aligned to compliance objectives and technical needs
    • Ensure stakeholder alignment buy in and alignment to roadmap across the organization
    • Be an active member of project work-streams, ensuring that business intent is shepherded through solution development lifecycle to deliver compliance technology change in line with vision and objectives.
    • Define measures and KPIs for to monitor Product performance and support decisions on product strategy.

    Job Requirements

    • A graduate with a degree in Business, Engineering or IT.
    • At least 4 year’s proven experience in risk analysis in a telecommunications or financial services environment
    • Experience working in a Risk and Compliance, or Anti-money laundering product role.
    • Experience of software development lifecycle is essential, in agile and waterfall methodologies
    • Professional certification in risk management and information systems e.g. CISA or CPA (K) or equivalent.
    • Ability to analyze significant amounts of data and information and distill it to the key points in analyzing risks in a given situation.
    • A proven track record of delivering change in a complex, high volume, regulated business environment
    • Ability to work within a demanding environment, being a key contributor to a fast-moving product development process.
    • Strong understanding of the financial services industry
    • Highly developed interpersonal and communication skills
    • High level experience and skills working with stakeholders
    • Strong background in auditing, accounting or the legal field.

    Method of Application

    Use the link(s) below to apply on company website.


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