Job Title: Senior Compliance Officer
Location: Garowe, Somalia
Positions: One Positions
Reporting to: Amal Express Manager and Deputy Manager

JOB PURPOSE

A. Summary of Responsibilities

The Senior Compliance Officer shall provide the services of a Compliance Officer to Amal Express and its affiliates. The Compliance Officer is appointed with the objective of fully complying with all laws and regulations relevant to money service businesses, particularly in relation to anti-money laundering and countering terrorist financing rules.

 B. Essential Responsibilities

 1. Support agents' and branches of Amal Express efforts to comply with company policies and procedures as they relate to anti-money laundering (AML) by:
      Ensuring continuing compliance with obligations of AML/CTF laws and rules applicable to Amal’s operations;
      Providing leadership and contributing to a culture of AML/CTF compliance within the operations under control;
      Managing all aspects of reporting required in respect of AML/CTF rules and regulations e.g. suspicious transactions, currency transaction reports etc.;
      Conducting agent and employee due diligence and risk awareness training for staff and agents;
      Evaluating the existing internal controls/AML Compliance programs and conducting an in-depth transaction analyses and on-site compliance reviews;
      Communicating and making agents aware of emerging compliance issues and risks, and procedures to be adopted to avoid compliance risk to Amal Express;
      Overseeing general staff training program on AML/CTF matters to ensure that staffs are fully aware of the obligations of AML/CTF laws and regulations.

2. Facilitate and coordinate examinations and site reviews by regulators and authorities.
3. Manage any necessary follow up with agents and branches concerning review findings and implement corrective action measures to mitigate any identified risk.
4. Continuously assess compliance risks and recommend measures to address the current potential risks.
5. Act as the contact person for Authorities/Regulators in addressing any compliance issues such as reporting suspicious transactions, sending CTRs etc.
6. Prepare, maintain and disseminate the Compliance Manual, policies and procedures.
7. Keep all relevant records required in accordance with the applicable laws and rules.

C. Key Performance Indicators

    Continuing licenses as an MSB in all relevant States/Countries;
    Nil penalties for breach of AML/CTF laws and regulations;
    Satisfactory ratings by independent reviewers and regulatory examiners.

EDUCATION AND WORK EXPERIENCE

    Bachelor degree, Law or Audit strongly preferred
    2 years of experience in compliance, auditing or risk management.

 Knowledge & Skills

     Excellent written and verbal communication, training and presentation skills
     Strong analytical and problem-solving skills
     Proven ability to analyze, utilize industry standards and employ sound judgment to draw conclusions regarding the status of an agent's compliance program
     Legal or auditing skills preferred
     Ability to develop and maintain relationship with Authorities and regulators

Send your CV/Resume to: info@amalgroup.net before 26 December, 2015. Mention the specific position you are applying or requesting. Please read Job Descriptions before you send your Application.