Compliance EXPERT – Mogadishu, Somalia
- Job category: Operation Affairs
- Post date:5 Oct 2020
- Job expires in: 9 days
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BAKAAL EXPRESS MONEY TRANSFER-SOMALIA
Contacts: e-mail, firstname.lastname@example.org
JOB ANNOUNCEMENT NO: BAK/04/MOG/20
POSITION TITLE: – COMPLIANCE EXPERT GRADE LEVEL: – S6
DUTY STATION: – MOGADISHU, SOMALIA DATE OF ISSUE: – 6th OCT 2020
CONTRACT TYPE: – SLA EXPIRE DATE: – 6th NOVEB 2020
Bakaal Express Money Transfer is private limited company registered in Somalia that provides money transfer services individually and in coordination with a variety of global remittance network partners.
This position is open to qualified Somali nationals only.
Main duties and responsibilities
We are looking for an AML/Compliance Officer to ensure that our operations and business transactions follow all relevant legal and internal policies. You will also review employees’ work and provide advice on compliance.
To succeed in this role, you should be a reliable professional who is not afraid to speak his/her mind and stand by decisions. You should be familiar with risk management and financial industry standards. If you also have a sharp business insight.
Your goal will be to ensure Bakaal operates in a legal and ethical manner while meeting our business objectives.
Develop and oversee control systems to prevent risks or deal with violations of regulations and our internal policies/procedures.
Evaluate the efficiency of Bakaal KYC controls and collect related customer data to improve KYC continuously.
Revise procedures, reports and identify any hidden risks or possible non-conformity issues.
Prepare and submit SARs, LTRs, and other regulatory reporting documents.
Draft, modify and implement company compliance policies/procedures for best practices
Review/draft and modify or carry out relevant risk assessments on regular intervals.
Assess the business’s future ventures to identify possible compliance risks
Carry out staff and agent compliance training/verify staff/agents compliance knowledge
Keep abreast of international regulatory developments within or outside, as well as evolving best practices in compliance mechanisms.
Prepare compliance reports for senior management on regular basis
Participate internal and external audits if and when needed.
Perform any other compliance duties are requested by supervisor.
Proven experience as compliance manager not less than 3 years
Qualifying experience in financial risk management
In-depth knowledge of the industry’s standards and regulations
Excellent knowledge of reporting procedures and EDD/DDU processing
Proven Methodical and diligent with outstanding planning abilities
An analytical mind, able to “see” the complexities of procedures and regulations
Excellent communication skills
Advance degree in finance, business administration or related field
Certified compliance professional is desired but not mandatory.
E-mail us your motivation letter and resume to email@example.com with subject COMPLIANCE MANAGER” before the deadline. Please do not calls us over the phone. Only applications that meet the above requirements & received not later than the deadline will be considered and only applicants selected for interviews will be contacted.
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