Compliance Officer
Banking Jobs
- Ecocash Holdings (Cassava Sma…
- Expires 21 Apr 2021
- Bulawayo
- Full Time
Job Description
Cassava Smartech is looking for a competent Compliance Officer to join its Compliance team. The main purpose of the role is to implement and enforce all Know Your Customer (KYC) Principles in compliance with all Anti-Money Laundering and Combating Terrorist Financing regulations within all business operations.
Duties and Responsibilities
Key Responsibilities
• Implements risk focused Customer Due Diligence (CDD) and KYC programs, activities and processes.
• Identifies and monitor activities of special grade customers and Channel Partners-PEPs and such other sanctioned customers.
• Identifies and reports to superiors KYC breaches and non-compliance.
• Trains staff and channel partners on KYC and CDD processes.
• Receives and reviews Sanctions list against Customer Database.
• Performs periodic partner reviews and annual due diligence for remittances partners.
• Monitors implementation and adherence to KYC principles by customer interfacing staff members through offsite and onsite inspections.
• Reviews new product/service features to identify KYC weaknesses and challenges.
• Investigates and follows up KYC breaches by Channel Partners and recommend penalties.
• Analyses Customer transactions to detect money laundering and suspicious transactions.
• Assesses adherences to documented internal KYC & CDD operational measures, processes and procedures.
• Identifies for improvement gaps and weaknesses in KYC internal controls and challenges.
• Investigates and follows up KYC breaches by Channel Partners and recommend penalties.
• Analyses Customer transactions to detect money laundering and suspicious transactions.
• Assesses adherences to documented internal KYC & CDD operational measures, processes and procedures.
• Identifies for improvement gaps and weaknesses in KYC internal controls and procedures.
Qualifications and Experience
Qualification, Skills and Experience
• A Degree in, Banking, Business Studies, Finance, Economics or Accounting
• Post Graduate Qualification in Risk Management is an added advantage
• 2-4 years' experience in a Banking/Insurance Compliance/Risk environment.
• Experience in banking/insurance operations, policy formulation and internal control systems.
• Interpersonal skills demonstrated by the ability to interact at all levels within the organisation and with external parties.
• Analytical, conceptual and problem solving skills.
How to Apply
Please apply to: The HR Business Partner by sending your CV to careers@cassavasmartech.com clearly indicating the position "Compliance Officer" in the subject area by the 21st of April 2021. Only short-listed applicants will be contacted.
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