Aml Officer - Faulu


Aml Officer - Faulu 1 Position
Old Mutual Group

Nairobi, Kenya

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Posted 5 days ago

Job Description

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management, and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.


The job holder will assist in Money Laundering, Know Your Customer & Financing of Terrorism risk identification, measurement, monitoring, management and reporting in line with Faulu Microfinance Bank Compliance Policy and Old Mutual Group compliance requirements.

Minimum Requirements...

  • Business or Law degree
  • Experience in a Banking environment either in Branch, Head Office, Controls functions or Operations is an added advantage
  • Open minded and solution oriented
  • Ability to influence with good negotiation skills
  • Good communication and interpersonal skills
  • Good analytical skills
  • Proficiency in report writing
  • Ability to take initiative and follow through on defined tasks
  • Possess high levels of integrity
  • Advanced computer skills in MS Office
  • Sound independent judgment
  • Attention to detail
  • Keen follow up
  • Ability to take initiative and follow through on defined tasks

Job Specification...

  • Development of process flows and procedures for adequacy of AML, KYC & CFT Risk management.
  • Prepare management reports in line with the results of the transaction monitoring as well as sanctions screening to support enhancement of the risk assessment framework.
  • Conduct review of designated High-Risk customer account opening files for approval by Management.
  • Conduct daily transaction sanctions screening in line with set parameters and management of screening blacklists.
  • Conduct daily AML & CFT transaction monitoring and continuous management of monitoring thresholds in the AML system.
  • Preparation of Suspicious Transaction Reports in line with review of screening & monitoring alerts in the AML system.
  • Participation in assigned meetings as a representative of the Compliance unit.
  • Provide advisory to all staff on all AML, KYC, CFT and Sanctions matters in the Bank.
  • Liaison with Bank staff to conduct enhanced due diligence on customer transactions.
  • Perform other duties as assigned by the Compliance Manager or Head of Risk & Compliance
Application Instructions

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Old Mutual Group
Old Mutual Group

Nairobi, Kenya

300 - 10000 people

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