We are looking for an experienced Compliance Manager & Anti-Money Laundering Reporting Officer (AMLRO) to lead the company’s regulatory compliance and anti-money laundering function.

The successful candidate will be responsible for ensuring that the company operates in accordance with applicable Bank of Ghana requirements, anti-money laundering and counter-terrorist financing requirements, relevant Ghanaian laws and regulations, and the company’s internal policies.

The role will oversee the company’s compliance framework, AML/CFT controls, merchant KYC and due diligence processes, regulatory reporting and ongoing monitoring of compliance risks.

The Compliance Manager & AMLRO will also serve as a key point of contact on compliance and AML matters and provide management and employees with guidance on regulatory requirements affecting the business.

Key Responsibilities

Regulatory Compliance

• Develop, implement and maintain the company’s regulatory compliance framework, policies and procedures.

• Ensure ongoing compliance with applicable Bank of Ghana requirements and other relevant laws and regulatory directives.

• Monitor regulatory developments affecting the company’s operations and advise management on their implications.

• Review existing procedures, controls and reports periodically to identify regulatory risks, weaknesses or non-compliance.

• Assess the effectiveness of internal compliance controls and recommend improvements where necessary.

• Review proposed products, services, partnerships and business initiatives to identify compliance and regulatory risks before implementation.

• Prepare and coordinate compliance reports and regulatory submissions as required.

• Liaise with the Bank of Ghana and other relevant regulatory authorities on compliance matters as required.

• Maintain appropriate compliance records and documentation.

• Work with management, legal advisers, HR and other departments to ensure appropriate implementation and enforcement of regulatory and internal requirements.

Anti-Money Laundering / AMLRO Responsibilities

• Serve as the company’s Anti-Money Laundering Reporting Officer (AMLRO).

• Develop, implement and periodically review the company’s AML/CFT policies, procedures and internal controls.

• Ensure appropriate implementation of customer and merchant identification, Know Your Customer (KYC), Customer Due Diligence (CDD) and, where required, Enhanced Due Diligence (EDD) procedures.

• Oversee AML risk assessments for customers, merchants, products, services and other relevant business relationships.

• Monitor the effectiveness of systems and controls designed to identify potentially suspicious transactions or activities.

• Receive and assess internal reports of suspicious transactions or activities and determine the appropriate action in accordance with applicable regulatory requirements.

• Coordinate the filing and maintenance of required AML/CFT reports and records.

• Ensure appropriate screening and monitoring processes are maintained in relation to sanctions, politically exposed persons (PEPs) and other higher-risk relationships.

• Keep abreast of developments in money laundering, terrorist financing, proliferation financing and financial crime risks relevant to the company’s operations.

• Provide AML/CFT guidance to management and employees.

• Coordinate periodic AML/CFT awareness and training programmes for relevant employees.

• Maintain appropriate confidentiality in relation to suspicious transaction reporting, investigations and other sensitive AML matters.

Merchant Onboarding & Monitoring

• Review KYC and due diligence documentation and approve merchant onboarding from a compliance perspective.

• Ensure merchants satisfy applicable onboarding and verification requirements before approval.

• Identify higher-risk merchants and ensure appropriate enhanced due diligence and approval procedures are followed.

• Support ongoing monitoring and periodic review of existing merchants based on their risk classification.

• Escalate material compliance, AML or financial crime concerns relating to merchants to senior management where appropriate.

Compliance Monitoring & Reporting

• Develop and maintain an appropriate compliance monitoring programme.

• Conduct periodic compliance reviews and identify weaknesses, breaches or emerging regulatory risks.

• Investigate or coordinate investigations into potential compliance breaches.

• Recommend corrective actions and monitor their implementation.

• Prepare periodic compliance and AML reports for senior management and, where applicable, the Board.

• Maintain records of compliance incidents, regulatory issues and remedial actions.

• Support regulatory examinations, audits and information requests.

Requirements

• Bachelor’s degree in Law, Finance, Accounting, Business Administration, Economics or another relevant discipline.

• Minimum 4 years of relevant compliance, AML, risk or regulatory experience, preferably within fintech, banking, payments or another regulated financial-services environment.

• Strong knowledge of Ghana’s financial-services regulatory environment and Bank of Ghana requirements applicable to payment service providers.

• Practical knowledge of AML/CFT requirements, KYC, customer due diligence, transaction monitoring and financial crime risk management.

• Experience dealing with regulatory reporting, compliance monitoring and internal control frameworks.

• Strong understanding of merchant onboarding and compliance risk assessment.

• Excellent analytical and investigative abilities.

• Strong report-writing, documentation and record-keeping skills.

• High level of integrity, independence and professional judgement.

• Ability to challenge decisions and escalate compliance concerns when necessary.

• Excellent written and verbal communication skills.

• Strong organisational and planning abilities.

Preferred Qualifications

• Previous compliance or AML experience within a Bank of Ghana-regulated fintech, payment service provider, bank or other financial institution will be a strong advantage.

• Professional certification in AML, compliance, risk or financial crime, such as ACAMS, ICA or another recognised professional qualification, will be an advantage.

• Previous experience serving as an AMLRO, MLRO, Deputy AMLRO/MLRO, Compliance Manager or in a comparable regulatory role will be an advantage.

Key Competencies

• Regulatory compliance

• AML/CFT compliance

• KYC, CDD and EDD

• Merchant risk assessment

• Financial crime risk management

• Regulatory reporting

• Compliance monitoring and testing

• Policy development and implementation

• Risk identification and mitigation

• Investigation and analytical skills

• Integrity and independent judgement

• Stakeholder management

Apply here: https://jobhouse.com.gh/jobs/job/compliance-manager-anti-money-laundering-reporting-officer