AML/CFT/CPF Compliance Associate, Africa at Koraplay

About The Role

As the AML/CFT/CPF Compliance Associate, Africa at Kora, you will be responsible for ensuring overall compliance with applicable anti-money laundering, countering of terrorism finance, and countering proliferation financing of weapons (AML/CFT/CPF) regulations and standards across the African markets we currently operate in.

Requirements

Outcomes

Ensure that Kora remains compliant with all regulatory requirements regarding  AML/CFT/PFW. 

Here are a couple of things you'll be doing:

• Provide support and advice on compliance issues e.g. all business units, new products, new jurisdictions, and new regulatory initiatives.
• Assist as and when required, in the development, drafting, and updating of procedures/processes/policies and related training programs/manuals and the delivery of training that is tailored to the operations & finance units' needs.
• Review, test, and recommend updates to Kora’s AML/CFT/CPF operations, standards, and controls.
• Carry out KYC on new merchants and conduct on-doing due diligence on existing merchants
• Assist in implementing compliance measures and determine appropriate remedial action plans (including, where necessary, timeframes and responsibilities).
• Draft, manage, and execute policies and procedures that govern the organization's enterprise AML/CFT/CPF) program
• Conduct transaction monitoring and generate STR/SAR reports
• Ensure that the organization complies with existing and developing international and national laws and regulations
• Carry out periodic evaluations of the compliance programs and make appropriate changes and improvements
• Handle end-to-end process flow for all requests and enquiries from regulators and LEAs.
• Ensure Kora follows its year-on-year training plan by owning the Compliance training and awareness function.

Here's what are we looking for:

• A minimum of 2 years experience as a Compliance Officer or similar role experience in a B2B environment, FinTech services, or banking industry that operates across multiple African markets
• Certification - DCP/CAMS/ACFCS 
• Proven AML/CFT/CPF compliance experience.
• Knowledge of Transaction monitoring and KYC/CDD.
• Quick and agile learning and problem-solving.
• Understanding the complex interactions of regulatory frameworks in the international finance space
• Experience in a high-growth team and/or startup experience.
• Strong interpersonal, organizational, communications, analytical, and project management skills.
• Thorough knowledge of products, services, operations, & systems and extensive dealing with laws, regulations, and regulatory agencies related to assigned areas.
• Proficiency with personal computers and pertinent mainframe systems and software packages.

Reporting Structure: This role reports to the Lead, Compliance