Reports To: Executive Compliance Officer

Division: MoMo Payment Service Bank

Description

• Develop, implement, and maintain bespoke compliance-related solutions for MoMo PSB’s AML/CTF/Sanctions/Anti-fraud compliance program.
• Design, implement and add to the AML/CTF framework and its implementation
• Assist the CEO and the Senior Management in the management and execution of an efficient compliance monitoring program
• Design, evaluate, support and influence a culture of compliance within MoMo PSB
• Advise and support business (MoMo PSB mainly) and stakeholders with the development of appropriate controls
• Ensure the following activities take place efficiently and systematically:
• Client on-boarding
• Client risk-assessment
• Client monitoring/investigation
• Act as a subject matter expert to the Board, Senior Management and employees
• Provide advice and guidance to all in the organization on fraud and AML/CTF matters
• Responsible for ensuring an AML tool is up and running and meeting regulatory requirements, Group standards and industry best practices
• Approve Suspicious Transaction Reports prepared by AML Analysts so they can be sent to relevant bodies in a timely fashion
• Will make sure all AML alerts are attended to regularly and that relevant rule sets are being used
• Report all fraud cases to Fraud Unit within MoMo PSB and Group Fintech
• Manage the impact of potential changes driven by the regulators, industry, marketplace, and or legal environment and devise strategy to influence them in the best interest of MoMo PSB
• Fully assist and cooperate in audit programs to determine organizational vulnerabilities
• Ensure relevant training on latest AML trends and techniques in the Mobile Financial Services industry is provided to all stakeholders.

Education:

• First degree in law or business related discipline
• AML/CFT Certification may be advantageous
• Fluent in English

Experience:
6 – 13 Years’ experience including:

• Minimum of 6 years post-qualification experience with, at least, 4 years in Mobile Financial Services sector/industry and or Banking
• Minimum 3 years of proven experience as an AML/Fraud Analyst in the banking industry or within Mobile Financial Services preferably
• Experience developing and Implementing compliance programs
• Very good knowledge of AML/CTF laws and rules in a Mobile Financial Services/banking setting, in Nigeria
• Exceptional investigative and analytical skills
• Experience of producing User Requirement Documentation (URS) or similar is a must to help drive future enhancements to the AML tool
• Very good interpersonal, communication (written and verbal) skills
• Strong organizational skills with the ability to work independently, as well as collaboratively within a team environment.
• Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and internal auditors while maintaining strict confidentiality
• Strong decision-making, analytical and investigative abilities with attention to detail and accuracy
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint), and aptitude for learning other software applications (MoMo PSB Limited/MTN platforms)