We are a purpose-led technology and communication company committed to contributing to Ethiopia’s digital transformation and inclusion objectives. Our journey began in May 2021, when our international consortium, the Global Partnership for Ethiopia, was announced as the winning applicant for a license to operate telecommunication services in Ethiopia. We were granted a nationwide full-service Unified Telecommunications Service License on July 9, 2021, and were officially registered as Safaricom Telecommunications Ethiopia Plc.
Position: AML (Anti-Money Laundering) Specialist
Location: Addis Ababa
Key Accountabilities and Decision Ownership:
Develop and maintain an effective monitoring and analytical function for Safaricom products and services.
Implement a comprehensive review process of sample transactions or activities in relevant Safaricom systems to identify suspicious transactions and activity systems.
Create and supervise the creation of management and regulatory reports highlighting suspicious transactions and activities.
Incorporate the use of criminal intelligence analysis techniques to identify organized and serious criminal activity.
Report incidents under anti-money laundering legislation to the appropriate authorities.
Identify and redress vulnerabilities in systems and processes.
Carry out risk assessment of money laundering and terrorism financing (TF) related threats against the company.
Drive the development of procedures and systems to reduce loss.
Provide recommendations on future preventative measures.
Research and provide input on design approach, performance, and base functionality improvements for various software applications.
Present findings of analysis in appropriate forms, such as reports, evidence summaries, or briefings to managers, investigators, intelligence officers, law enforcement, and other relevant agencies.
Conduct strategic research related to high value/threat of AML fraud, risk, and security issues.
Review the accuracy and integrity of customer identification data in Safaricom systems monthly.
Manage sanction and PEP (Politically Exposed Persons) screening outputs to identify PEP/TF activity.
Maintain an effective AML training program across operational functions dealing with services and products within the scope of applicable legislation and Safaricom services.
Conduct proactive risk assessments and provide clear advice to the business on KYC (Know Your Customer) requirements, AML risks, and mitigating controls.
Drive AML project implementation to completion and contribute to key projects with AML dependencies.
Maintain detailed knowledge of current AML regulations, legislative requirements, and future developments within the AML scope.
Develop and maintain strong working relationships with internal stakeholders such as Legal, Fraud, Call Centre, and relevant departments to ensure compliance issues are regularly discussed.
Qualifications:
Bachelor’s degree in law or a business-related field.
Compliance Analyst and Risk Assessment Certification (added advantage).
At least 4 years of proven experience, with 2 years in AML and/or compliance in a financial institution or similar organization.
Application Instructions:
If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to update your candidate profile on the career portal and then click on the apply button. Remember to attach your resume.