Head, AML/CFT Compliance at Interswitch

JOB SUMMARY

To provide compliance advisory and implement the Interswitch’s compliance standards in line with regulatory requirements, internal policies and applicable codes of conduct and best practices in order to maintain Interswitch’s legal, regulatory and ethical integrity.

KEY RESPONSIBILITIES

• Oversee the team reviewing and approving KYC cases logged on the onboarding portal
• Oversee the team reviewing the alerts generated on transactions monitoring platforms.
• Review and approval of suspicious /decline of suspicious activity and transactions reports
• Second level review of results of customer screening to ensure relevant actions are initiated for categories of customers like politically exposed persons and customers with matches on sanctions lists.
• Implement a compliance training plan including developing training materials and oversee the conduct training on compliance related activities to aid the understanding, adoption and seamless operation of AML/CFT/CPF, KYC, whistleblowing, and other compliance program
• Contribute to Compliance strategy and Compliance plan, highlight gaps and suggest improvements in current Compliance processes, systems and procedures
• Provide information required from AML/CFT related requests from regulators and law enforcement agencies
• Identification and implementation of strategic initiatives to improve the execution of compliance deliverables
• AML/CFT/CPF review and risk assessments of Interswitch products to ensure that all identified risks are mitigated
• Oversee the compilation and rendition of AML/CFT/CPF related compliance reports
• Completion of compliance related due diligence requests on Interswitch including completion of questionnaires and provision of required documents.

Qualification

A graduate degree In related field(s)

Possession of any of the below certifications will be added advantage:

• Designate Compliance Professional (DCP)
• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Fraud Examiner (CFE) or
• Other relevant recognised professional certification.

General Experience

• At least 7 years of wide and deep experience in Compliance, Risk or other related fields

Managerial Experience

• Leadership experience in managing resources and people to deliver predetermined objectives.