Description

Role purpose: 
The AML Analyst is responsible for, inter alia:
•    Ensuring efficient identification and monitoring of suspicious activities.
•    Ensure timeous reporting of suspicious transactions to the HOD Risk & Compliance & MLRO
Key accountabilities and decision ownership 
•    Investigate and assess alerts for potential sanctions alerts and clear daily logs resulted from transaction monitoring alerts.
•    Ensure efficient identification and monitoring of suspicious activities and transactions and daily assessment of AML reports for potential suspicious activities.
•    Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
•    Perform monthly AML risk based review and analysis on individual and business accounts and made recommendations for further review.
•    Conduct investigations on cases and alerts produced through M-PESA system or through internal referrals (SAR reviews).
Core competencies, knowledge and experience 
•    Knowledge and understanding of International Anti-money laundering efforts and agencies (e.g FATF).
•    Knowledge in report writing.
•    High level of computer literacy exceptionally conversant with Word and excel.
•    Solid interpersonal, analytical skills and customer oriented approach.
•    Strong communication skills, fluency in English and Kiswahili.
•    Strong database skills, including working with advanced data sets, pivot tables, advanced database and statistical functions and methods.
•    Excellent use of Excel and other analytical tools.
•    Ability to quickly grasp and understand business unit specific AML risks, develop comprehensive user requirements, and provide recommendations for appropriate automated solutions to mitigate those risks
Must have technical/professional qualifications:
•    Bachelor’s degree or equivalent.
•    Professional qualification in Anti Money Laundering will be added advantage.
•    At least three (3) years’ experience working as Analyst in AML space in financial or non-financial institutions.

Job Responsibility

* Provides a high quality of service and ensures work is completed accurately;

* Proactively takes actions to make improvements based on practical experience;

* Provides informal guidance and support to new team members when required;

* Has a thorough knowledge of relevant procedures and processes in the department;

* Uses communication skills to exchange ideas and information in a concise and logical way with sensitivity to the needs and expectations of the audience;

* Uses judgement based on analysis of information and resolves problems by identifying and selecting solutions through the application of acquired technical experience;

* May act as the systems/tools expert.

Skills