The Compliance Specialist assists the Compliance Manager with assessing, developing, implementing, maintaining, and monitoring the M-Pesa’s compliance program to ensure that M-Pesa achieves and maintains compliance with all applicable financial laws and regulations and Anti-Money Laundering (AML) laws and regulations.
Key accountabilities and decision ownership:
AML compliance programme – assist in evaluating, implementing and monitoring the AML policy & procedures, including control tests, due diligence, record keeping and training & awareness;
Regulatory compliance programme – maintain the compliance tracker, perform regulatory risk assessment, governance, reporting and submissions and regulatory requested are timeously actioned;
Overall compliance programme: perform the role of the M-Pesa Compliance Officer and ensure compliance with the Group M-Pesa Policy, the code of conduct for mobile money providers, internal audits recommendation.
Key performance indicators:
Positive outcomes in audit, regulatory and Group reviews;
Strict adherence to deadlines.
Must have technical / professional qualifications:
Bachelor’s degree in Law or related field;
Certification in AML and/or Compliance is an advantage.
Core competencies, knowledge and experience:
Minimum of 3 years’ experience in financial industry;
Solid knowledge of AML regulations and best practices;
Knowledge of financial laws and regulations;
Strong written and verbal communication skills in Portuguese and English.