AML-CFT-CPF Analyst Compliance Analyst

Sidian Bank Limited is a financial institution founded in 1984, operating in the banking and financial services sector in Kenya.

This role involves performing critical AML/CTF/CPF compliance functions, including the implementation of the Bank’s comprehensive compliance program. The analyst will conduct thorough investigations and detailed analyses, responding to Money Laundering, Terrorism Financing, and Proliferation Financing (ML/TF/PF) cases. A key aspect of the role is to identify potential points of compromise and loss within the bank's operational framework.

1. Implement and regularly review AML/CTF/CPF controls to ensure comprehensive coverage and effectiveness, including sanction and PEP screening, transaction monitoring, SAR management, adverse media review, and investigative order management programs.
2. Conduct detailed analyses to identify patterns, trends, anomalies, and schemes in transactions and relationships across the bank's processes, customers, and products.
3. Support the bank-wide AML/CTF/CPF program by assisting with risk awareness training for staff, particularly on identifying and reporting suspicious transactions.
4. Maintain up-to-date knowledge of current AML/CTF/CPF regulations, sanctions, terrorist financing issues, industry best practices, criminal typologies, and developing trends.
5. Foster strong working relationships with internal stakeholders to ensure compliance issues are regularly discussed and addressed.
6. Ensure AML/CTF/CPF procedures and processes align with regulatory requirements.
7. Proactively identify gaps in reviews, assessments, and projects, and follow up on the implementation of agreed mitigation controls.
8. Monitor and track the closure of management actions stemming from compliance reviews, as well as regulators' and external auditors' reports.
9. Prepare weekly, monthly, and quarterly reports on the status of the AML/CTF/CPF program for the Money Laundering Reporting Officer (MLRO).
10. Report control weaknesses or lapses to the manager promptly, recommend mitigation controls or process/policy changes, and follow up on agreed actions.
11. Execute instructions and other duties assigned by the Manager Compliance/Senior Manager Compliance.

1. Bachelor’s Degree in a business-related course or an equivalent qualification.
2. Anti-Money Laundering Certification is considered an added advantage.
3. At least 2 years of banking experience specifically in AML/CTF/CPF within an Enterprise Risk Management function.
4. Demonstrated knowledge of money laundering techniques and relevant regulations.
5. Understanding of regulatory compliance requirements and risk management principles.
6. Proven analytical skills and experience working with Server Query Language (SQL) for analyzing large volumes of data.
7. Good knowledge of payment services and operations.
8. Strong organizing and planning skills.
9. Must be results-oriented, an effective communicator, and a team player eager to learn and share experiences.
10. Proficiency in Microsoft Office Applications.
11. Professional certification from an association such as the Association of Certified Anti-Money Laundering Specialists (ACAMS) is required.