Manager – AML & Compliance Mobile Financial Services

Job Summary:

Mission/ Core purpose of the Job: 

Responsible for developing all Mobile Money AML & Compliance activities including but not limited to developing processes, policies, performing UATs, monitoring and managing an effective Risk and AML/CFT Compliance program and making sure Mobile Money business is compliant with Central bank policies and regulations.

Duties & Responsibilities:

Key Tasks:

·     Develop AML/CTF and Compliance initiatives and programs to comply with the legal, regulatory and licensing requirements in Afghanistan

·     Keep track and monitor regulatory changes, assist in preparing for impending regulatory changes or revisions to licensing structure, if applicable

·     Ensure the management of the end-to-end suspicious transaction reporting (STR) process, including monitoring/reviewing for STR, filing STR, closing/archiving STR and reporting on STR

·     Ensure full training to relate stakeholders such as customer care back office team and MoMo sales team trainer on AML/CFT awareness, detection and reporting requirements and on KYC requirements.

·     Serve as a liaison between Central Bank of Afghanistan or relevant entity and Mobile Money Ltd and report on all issues relating to money laundering and terrorist financing. 

·     Regularly update the Board of Mobile Money Ltd on AML/CFT Compliance status and pending issues being addressed

·     Identify and assist in the implementation of mitigating measures to manage key risks inherent in mobile money operations

·     Have oversight of finance operations and ensure full adherence to financial process for reconciliation and settlements

·     Ensure the implementation and monitoring of AML and fraud related policies, procedures and process

·     Ensure smooth operation and implementation of adequate reports within the Risksecure AML to effectively monitor suspicious transactions

·     Monitor and approving PEPs registrations.

·     Ensure timely provision of mobile financial services update & reports to central bank of Afghanistan or relevant entity

·     Ensure implementation of adequate controls and audit actions to mitigate and prevent exposure

·     Manage the development of PPP’s to guide effective operational compliance and ensure adherence to safe e-money practices

·     Ensure effective review of Users profiles and prepare quarterly report

·     Manage, design, and implement models and programs to effectively and proactively mitigate fraud risk and AML on the mobile money service

·     Engagement of Third parties on all external SLAs

·     Ensure that MobileMoney Ltd operates in compliance with regulatory framework and licensing requirements

·     Support in the design, development, and implementation of a risk assessment framework for products, services and customers

·     Work closely with MTN Group compliance  

Job Requirement:

Education: 

                        Degree in Statistics/ Mathematics/ Banking and Finance and professional finance qualification (ACIB / CA / ACCA / CIMA)/ Certified Compliance Officer (CCO certification), ACAMS - Membership. Post Graduate Qualification in Risk Management/Strategy or Finance

Experience: 

                        5 years relevant experience in mobile financial services or banking industry, with at least 2 years in supervisory role and experience in AML and Compliance management. 

Professional/Technical competencies:

                        Technical competencies

                        Reporting and Eye for details.

                        Analytical  

                        Investigative & Reporting Skills 

                        Critical Attention to detail

                        Anti-Money laundering and CFT management.

                        Financial Acumen

                        Compliance management 

Behavioral competencies:

·     Courage Skills- Manages self and be a team player, good conflict management, takes and manages accountability

·     Energy & Drive – Innovative, Takes initiative, result oriented and develops self consistently

·     Interpersonal Skills - Leadership, customer centricity, collaborative and coaches & develops direct reports and working under pressure.

·     Personal Skills - Trustworthy, integrity and ethical in dealings

·     Operating Skills - Ability to focus on priorities and plans, shares knowledge effectively 

·     Organizational Positioning Skills - Good written and verbal communication, presentation skills, commitment to the organization

·     Strategic Skills – Global thinker, Analytical thinking and Problem solving abilities.

·     Skill in Employee Relations

·     Skill in Contract Management

·     Skill in Resource Management

Job Location: