Assist the Anti-Money Laundering (AML), ABC and Sanctions functions within Africa and Indian Ocean regions to ensure that full regulatory compliance by liaising with relevant Stakeholders deployed in business
Ensure the awareness of processes to report suspicious transaction reports within the business unit/ area by collating the required data as well as knowledge share at Forums.
Ensure that the escalation process, as defined, is followed
Act as custodian on behalf of the Head of Financial Crime: RBB Africa on AML related,
Sanctions and Anti-Bribery & Corruption Policies within the AREA and manage the process for the escalation of dispensations / waivers to the Head of Financial Crime:
RBB Africa on behalf of the business unit/ area.
Assist the business units/ area in the development of localised policies and minimum operating standards as required.
Ensure, by checking, that business unit/ area provides awareness and training
programmes in respect of Money Laundering, Sanctions and Bribery & Corruption in accordance with the statutory requirements.
Co-ordinate action within the business unit/ area to comply with any Sanctions related issues arising from regulation or policy.
Oversee the remediation required to be completed following any form of assurance
review conducted (i.e. Internal Audit, Financial Crime).
Assist the various countries Money Laundering Reporting Officers (MLRO) in setting
the overall AML, Sanctions, and Bribery and Corruption strategy within their respective country.
In conjunction with the Financial Crime Regulatory Team, compile the Annual High Risk Review standard to be used in the African and Indian Oceans regions.
Ensure the AML managers understand the standard required to be performed, including the record retention requirements for Annual High Risk Reviews
Liaise with the AML Managers around the completion of Annual High Risk Reviews and institute procedures to track completion thereof
In conjunction with the Financial Crime Regulatory Team, ensure each country has implemented and maintains a PEP register
Compile the PEP review standard to be used and disseminate to the AML responsible persons in the respective country
Maintain relevant Management Information in respect of PEP’s
In conjunction with the Financial Crime Regulatory Head for Africa, ensure that the countries within the African and Indian Oceans regions maintain records relating to Dispensations, Waivers, Exceptions and Breaches log
Compile the monthly KRI reports relating to countries within the Central and South Africa and Indian Ocean Islands region
Build and maintain meaningful relationships with internal relevant business unit and external (for example, Regulators) with the aim of understanding their business needs.
Implement established escalation processes for significant issues and concerns raised so as to manage the culture of “no surprises”.
Establish and manage an Anti-Money Laundering/ Terrorist Financing/ Sanctions/
Bribery & Corruption programme within the business unit/ area by assigning responsibilities and driving the conclusion of matters.
Responsible for the review, challenge and roll-out of Group Financial Crime policies and standards.
Review the operating framework and ensure it is consistent across all countries within the Africa and Indian Ocean regions
Review, challenge and roll-out Anti-Money Laundering related, Sanctions and Anti- Bribery & Corruption policies and standards within the business unit/ area
Desired Skills and Experience
-LLB degree or equivalent
-ACAMS Certificate
-Certificate in Money Laundering Control
-At least 5 years senior managerial experience
-At least 5 years’ experience in the field of Anti-Money Laundering/Financial Crime
Knowledge & Skills:
-Specialist knowledge of the all Financial Crime regulatory requirements within the
-Central and South Africa and Indian Ocean Islands region.
-Microsoft Office, specifically Excel, Word, Visio, MS Project, Outlook email, Internet.
-Strong working knowledge of relevant operational areas which interface with this role.
-Previously work with and in African jurisdictions.
-Communication skills Relationship building
-Innovative thinking
The post Barclays Bank Job Vacancy in Kenya : Regional Head: Financial Crime appeared first on Jobs in Kenya.
