Job Description

Mission/ Core purpose of the Job:

• Responsible for developing, monitoring and managing an effective Risk and AML/CFT Compliance program.
• Also responsible for effective business analytics, budgeting and financial operations to drive the overall mobile financial services strategy.

Key Tasks:

• Develop AML/CTF and Compliance initiatives and programs to comply with the legal, regulatory and licensing requirements in Ghana.
• Keep track and monitor regulatory changes, assist in preparing for impending regulatory changes or revisions to licensing structure, if applicable.
• Ensure the management of the end-to-end suspicious transaction reporting (STR) process, including monitoring/reviewing for STR, filing STR, closing/archiving STR and reporting on STR, as required to Bank of Ghana or the FIC.
• Ensure full training of staff, agents and subscribers on AML/CFT awareness, detection and reporting requirements.
• Serve as a liaison between Bank of Ghana/ FIC and MobileMoney Ltd and report on all issues relating to money laundering and terrorist financing. 
• Regularly update the Board of MobileMoney Ltd on AML/CFT Compliance status and pending issues being addressed. 
• Identify and assist in the implementation of mitigating measures to manage key risks inherent in mobile money operations.
• Have oversight of mobile financial operations and ensure full adherence to financial process for reconciliation and settlements.
• Ensure the implementation and monitoring of AML and fraud related policies, procedures and process.
• Provide business reports & analytics on mobile money services performance (product revenue, regional/district trends, Agents performance etc).
• Ensure effective monitoring and accounting of mobile money Opex budget.
• Coordinate and the preparation of Mobile Financial Services budgets and management reports.
• Ensure smooth operation and implementation of adequate reports within the Risksecure AML to effectively monitor suspicious transactions 
• Ensure timely provision of mobile financial services update & reports to Bank of Ghana.
• Manage field and service centre representative payment reports & requests.
• Float Monitoring & Support – Mobile Money Merchants and Super Merchants. 
• Ensure implementation of adequate controls and audit actions to mitigate and prevent exposure. 
• Manage the development of PPP’s to guide effective operational compliance and ensure adherence to safe e-money practices.
• Ensure effective review of Users profiles and prepare quarterly report
• Manage, design, and implement models and programs to effectively and proactively mitigate fraud risk and AML on the mobile money service.
• Engagement of Third parties on all external SLAs 
• Drive development of mobile financial service business plan and strategy implementation.
• Ensure that MobileMoney Ltd operates in compliance with regulatory framework and licensing requirements
• Support in the design, development, and implementation of a risk assessment framework for products, services and customers. 

Required Skills or Experience

• A  Degree in Statistics/ Mathematics/ Banking/ Risk Management/Strategy/ Finance and professional finance qualification (ACIB / CA / ACCA / CIMA)/ Certified Compliance Officer (CCO certification), ACAMS - Membership.
• CISA  certification will be an advantage
• 8 years relevant experience in mobile financial services or banking industry, with at least 5 years in a managerial role and experience in AML and Compliance management.