Co-operative Bank of Kenya
Anti Money Laundering (AML) Analyst
Anti Money Laundering (AML) Analyst
Are you looking for an employer who
promotes individual excellence and mutual respect in a team-driven culture with
a key focus on social empowerment?
The Co-operative Bank of Kenya, “The
Kingdom bank” is the place for those looking to new horizons.
The ideal candidate should possess
in-depth knowledge and understanding of AML Law, guidelines and procedures and
be able to demonstrate the practical application and practice of the same.
She/he should demonstrate the ability
to meet customer needs and collaborate with diverse teams.This position
requires flexibility, creativity and the ability to operate in a team
environment. The person must be highly motivated with strong analytical skills
and should be able to operate in a fast paced and fluid environment with
extensive experience in communicating analytic findings to diverse audiences.
Reporting to the Head of Compliance,
the AML Analyst will be responsible for ensuring efficient identification,
monitoring and timely reporting of suspicious activities and transactions in
the Bank.
She/he will also be required to
analyze information received from high risk customers and address sanction
related alerts.
The Role
Specifically, the successful
jobholder will be required to:
·
Investigate and assess alerts
relating to potential money laundering risks in the bank.
·
Ensure efficient identification and
monitoring of suspicious activities and transactions and reporting of the same
to Head of Compliance and FRC.
·
Stay current with money laundering
and terrorist financing behaviors, issues, policies, regulations, criminal
typologies, industry best practices, and developing trends.
·
Identify potential systemic
procedural weaknesses in processes and additional training requirements for the
Bank.
·
Act as a subject matter expert to
employees, providing guidance on what actions to take in dealing with high risk
customers. This entails developing and maintaining a current knowledge of
industry AML initiatives and best practices coupled with general awareness of
AML regulatory changes and assisting project teams in remaining compliant.
·
Assist with addressing internal
queries (from within the bank) and external queries (from financial
institutions and regulators) relating to money laundering matters.
·
Carry out AML compliance training on
how to identify and report suspicious transactions.
·
Collect documentary proof, build and
maintain case files for transactions deemed suspicious.
·
Analyze and provide periodic reports
to Head of Compliance.
·
Ensure effective record-keeping of
data collected and analyzed in line with Proceeds of Crime and AML regulations
2013.
·
Take responsibility for leading the
analysis, design and development of innovative and best practice AML and Bank
Solutions to deliver business objectives, optimal system performance and
Compliance.
Skills, Competencies and Experience
The successful candidate will be
required to have the following skills and competencies:
·
A Bachelor’s degree preferably in a
business/ICT related field from a recognized University.
·
Possession of Anti-Money Laundering
diploma or Professional certification with an organization, such as the
Association of Certified Anti-Money Laundering Specialists (ACAMS), will be a
distinct advantage.
·
Minimum of 3 years’ experience in a
similar role or as a Compliance Officer with hands on experience in handling
AML issues and suspicious transaction monitoring systems.
·
Superb data analysis skills coupled
with ability to organize and analyze complex data sets.
·
Proficiency in MS Excel.
·
Ability to easily grasp and
comprehend AML risks in the bank and to develop user requirements as well as
recommend automated solutions to mitigate those risks.
How to Apply
If you are confident that you fit the
role and person profile and you are keen to add value to your career then
please forward your application enclosing detailed Curriculum Vitae to
jobs@co-opbank.co.ke indicating the job reference number AMLA/CD/2019 by 16th
April, 2019.
Agent Banker
At
Co-operative Bank, you’ll share in a commitment to excellence by partnering
with world-class managers, all with one unified vision of taking it to the next
level. We do this by hiring quality individuals with integrity, personal
accountability, teamwork, excellence, and proactive thinking. If you exemplify
our values and want to be part of something big, contact us today.
We
seek young and energetic individuals who have a passion and flair for sales as
well as being self-driven and results-oriented. The ideal candidates should
also be able to work with minimal supervision and possess the ability to meet
and exceed targets within strict deadlines.
The
role holder will report administratively to the respective Branch Manager and
functionally to the Regional Agent Banker. He/She will be responsible for the
growth of Agency Banking and Merchant Acquiring business and will also be
charged with the responsibility of pushing transactions at the Agent and
Merchant location by ensuring optimal service delivery by the agents, their
outlets and branches while at the same time organizing and conducting frequent
training for agents and merchants.
The Role
Specifically,
the successful jobholder will be required to:
·
Drive agent recruitment in the
specific region/cluster/branch as per the laid down standards and CBK
Guidelines as well as track Agent transactions and performance.
·
Supervise and appraise agent
activities in the specific region, provide regular updates on the agent network
and ensure Excellent Customer Service Delivery in the Agent Banking channels.
·
Work with Training team to provide
continuous one on one agent training on operations and product knowledge and
also training & Awareness for agents on Anti Money Laundering (AML/CFT),
·
Ensure observance of the Central Bank
of Kenya Guidelines on Agent Banking by sensitizing Agents on the CBK
provisions and need to comply with the same.
·
Coordinate the internal
approval/declaration process for specific agents with CBK and communicate to
Agents the approval or declination by CBK.
·
Execute Card business growth through
Merchant Acquiring as well as relationship management with Merchants and
driving Merchant Transactions and Turnover.
·
Work with Card Business Acquiring
team to resolve operational issues and to ensure adherence to VISA and
MasterCard regulations.
·
Carry out periodic visits to the
Merchants to drive Co-op Bank POS usage and offer POS support to Merchants.
·
Work with Marketing team to ensure
visibility of Merchants and Agents and ensure relevant branding and signage for
Agents banking outlets.
·
Actively support product development
and sales initiatives by branch through the identification of potential agents
and coordinating joint marketing activities and cross-selling Alternative
Banking Channels products.
·
Respond to queries from the
Merchants, Internal customers and the CBK within the agreed SLAs.
Skills, Competencies and Experience
The
successful candidate will be required to have the following skills and
competencies:
·
Bachelor’s degree preferably in a
business related field coupled with KCSE mean grade C+ (Plus), with a C+ (Plus)
in both Mathematics and English.
·
Computer literacy is a must.
·
Excellent communication skills both
oral and written
·
Previous sales experience in a
financial institution will be an added advantage.
·
A good knowledge of the Anti-Money
Laundering Act, 2009, Banking Act and Prudential guidelines on Anti-Money Laundering
issued under the Banking Act
·
General awareness of the bank’s
procedures, policies and guidelines.
·
Thorough knowledge of end-to-end
process of Agent Banking and related environment.
·
Thorough understanding of the IT
systems used for administration of Alternative Banking channels and especially
the POS platform.
How to apply
If
you are confident that you fit the role and person profile and you are keen to
add value to your career then please forward your application enclosing
detailed Curriculum Vitae, National ID, Degree Certificate and KCSE Certificate
to jobs@co-opbank.co.ke indicating the job reference number AB/ACD/2019 by 16th
April, 2019.
