Regulatory Compliance Expert
23 hours ago
About Mutakamela Insurance Company
We are a leading insurance provider dedicated to delivering flexible and comprehensive solutions for individuals and corporate customers. Our mission is to combine local expertise with historic experience, offering top-class products backed by unparalleled risk calculation and management.
Job Overview:
We seek an experienced AML Officer to ensure compliance with anti-money laundering regulations and prevent the misuse of our company for illicit activities. The role involves transaction monitoring, investigations, and reporting suspicious activities to regulatory authorities.
Key Responsibilities:
- Conduct Risk Assessments and Monitor Transactions: Conduct thorough risk assessments and monitor transactions for suspicious activity to ensure compliance with AML regulations.
- Investigate and Report Suspicious Activities: Investigate and report suspicious activities to regulatory authorities in a timely and effective manner.
- Provide AML Training and Policy Development: Provide AML training to employees and assist in policy development to ensure a robust AML framework.
- Perform Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD): Perform EDD and CDD on new and existing customers to ensure their legitimacy and adherence to AML regulations.
- Review Life Insurance Policies: Review life insurance policies, including cancellations and issuance, to ensure compliance with AML regulations.
- Conduct Sanction Screening: Conduct sanction screening for new and existing customers to prevent any illicit activities.
Requirements:
- 3+ Years of Experience in AML or Compliance: Possess 3+ years of experience in AML or compliance roles, preferably within the insurance sector.
- Strong AML Knowledge: Have a strong understanding of AML regulations, data analysis, and investigation techniques.
- Bachelor's Degree in Business or Finance: Hold a Bachelor's degree in business, finance, or a related field.
- Professional Certifications in AML or Compliance: Possess professional certifications in AML or compliance, preferably from reputable institutions.
- Insurance Foundation Certification (IFCE): Hold the Insurance Foundation Certification (IFCE).
Join Our Team
At Mutakamela Insurance Company, we offer a competitive salary package, opportunities for professional growth, and a collaborative work environment. If you're passionate about AML and compliance, join our team today
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