Compliance Officer at HFC Limited

1. Conduct and regularly update the Bank’s AML/CFT/CPF risk assessment.
2. Champion initiatives to further strengthen the culture of AML/CFT/CPF Compliance across all lines of business by ensuring visibility of the AML/CFT/CPF agenda.
3. Act as a point of reference to the business on AML/CFT/CPF-related issues.
4. Work closely with the Business to identify suspicious transactions for ML/TF & PF with emphasis on higher risk customers and transactions.
5. Receive, review and investigate Suspicious Transaction Reports and forward to MLRO for review.
6. Perform sanctions, PEP and adverse media screening program.
7. Researching and advising the business on emerging trends and regulations touching on AML/CFT/CPF.
8. Escalate and report AML/CFT/CPF compliance issues to MLRO as well as the plans for resolution. 
9. Review the company AML/CFT/CPF policy on regular basis to ensure completeness and consistency with emerging AML/CFT/CPF compliance requirements.
10. Monitoring of transactions for suspicious activities and closure/escalation of alerts.
11. Ensure screening of customers is conducted at onboarding and periodically against sanction lists, internal caution and Black lists, and PEP database.
12. With emphasis on high risk customer, conduct regular reviews of newly opened accounts to ensure compliance with the requirements.
13. Conduct AML/CFT/CPF risk checks on new products and services prior to introduction.
14. Preparation and filing of compliance reports.
15. Prompt response to regulatory requests i.e. FRC, CBK, EACC, KRA, KBA etc
16. Attend AML/CFT/CPF compliance related meetings with external stake holders, as the AML/CFT/CPF compliance representative. 
17. Assist in implementing a bank-wide AML/CFT/CPF program through risk awareness training program for all staff especially on identification and reporting of suspicious transactions
18. Maintain detailed knowledge of current AML/CFT/CPF regulations and keep track of developments within the AML/CFT/CPF scope, sanctions, terrorist financing issues, including policies, procedures, industry best practice, criminal typologies and developing trends.
19. Maintain strong working relationships with internal stakeholders to ensure that compliance issues are regularly discussed and addressed.
20. Monitor and track closure of management actions from the compliance reviews, regulator’ and External auditor’ reports.
21. Prepare monthly and quarterly reports on the state of AML/CFT/CPF program to the Risk Management Committee and the Board.
22. Report control weaknesses or lapses to the senior compliance manager/MLRO in a timely manner, recommend mitigation controls or process and policy changes and follow up implementation of agreed actions.
23. Execution of instructions and any other duties from the Senior Manager Compliance, as assigned from time to time.

General competencies:  

• Communication skills
• I.T. Skills (Ms office)
• Creativity
• Team player
• High levels of professionalism and professional development.
• Honest with impeccable integrity (high ethical standards)

Technical competencies: 

• Deep knowledge of the regulatory environment with regard to AML/CFT regulations.
• Ability to understand and document workflows and business processes
• Strong analytical and monitoring skills
• Good report writing and presentation skills
• Working knowledge of Go-AML System
• Working knowledge of AML software applications