Compliance Operations Analyst at Kuda Bank

Description

We are looking for a Compliance Operations Analyst to provide administrative support to the implementation of the compliance program. To succeed in this role, you should be familiar with risk management and our industry’s standards. If you also have a sharp business acumen, we’d like to meet you. Your goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.

Responsibilities :

• Liaise with law enforcement agencies including but not limited to EFCC, the Police in respect of all requests received as they pertain to Kuda’s customers
• Identifying, investigating and reporting on transactions to relevant regulatory authorities in accordance with applicable policies and guidelines
• Carry out periodic reviews of the customer onboarding systems and procedure to ensure the customer verification and identification protocols as stipulated in Kuda’s AML/CFT policies are always met. .
• Periodically review KYC records of existing customers for completeness and validity that the files and risk assessments are current and up to date; ensuring that due diligence standards are complied with
• Review transaction monitoring alerts in line with prescribed procedures and assess if there is a potential suspicious transaction involved. Where there are grounds for suspicion or a requirement for guidance in relation to an alert, escalate in line with the procedures
• Sensitize relevant members of staff on AML/CFT red flags and how they can report to the Compliance team should they observe a suspicion.
• Review operational practices, create and enforce compliance plans, and perform regulatory risk management functions
• Work closely with the Legal, Fraud, IS Control and Internal Control/Audit teams on various cross-functional issues
• Performing other related duties as may be required or assigned from time to time

Requirements

• Proven experience in the Financial Services Industry (a minimum of one year)
• Basic knowledge of banking regulations and controls.
• Familiarity with industry practices and professional standards
• Excellent communication skills
• Attention to detail
• Fast learner and adaptable
• BSc/BA in finance, business administration or a related field

Benefits

Why join Kuda?

Become a part of one of the trailblazers in the challenger banking arena by joining the exciting and ambitious team at Kuda Bank as we work to become the neobank for ‘every African on the planet’.

• An exciting and flexible work environment
• Competitive pay
• Smart and kind coworkers
• Full pension contribution
• Reliable health insurance