Banking Jobs in Kenya - Co-operative Bank

Co-operative Bank of Kenya
Anti Money Laundering (AML) Analyst
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
The Co-operative Bank of Kenya, “The Kingdom bank” is the place for those looking to new horizons.
The ideal candidate should possess in-depth knowledge and understanding of AML Law, guidelines and procedures and be able to demonstrate the practical application and practice of the same.
She/he should demonstrate the ability to meet customer needs and collaborate with diverse teams.This position requires flexibility, creativity and the ability to operate in a team environment. The person must be highly motivated with strong analytical skills and should be able to operate in a fast paced and fluid environment with extensive experience in communicating analytic findings to diverse audiences.
Reporting to the Head of Compliance, the AML Analyst will be responsible for ensuring efficient identification, monitoring and timely reporting of suspicious activities and transactions in the Bank.
She/he will also be required to analyze information received from high risk customers and address sanction related alerts.
The Role
Specifically, the successful jobholder will be required to:
·         Investigate and assess alerts relating to potential money laundering risks in the bank.
·         Ensure efficient identification and monitoring of suspicious activities and transactions and reporting of the same to Head of Compliance and FRC.
·         Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
·         Identify potential systemic procedural weaknesses in processes and additional training requirements for the Bank.
·         Act as a subject matter expert to employees, providing guidance on what actions to take in dealing with high risk customers. This entails developing and maintaining a current knowledge of industry AML initiatives and best practices coupled with general awareness of AML regulatory changes and assisting project teams in remaining compliant.
·         Assist with addressing internal queries (from within the bank) and external queries (from financial institutions and regulators) relating to money laundering matters.
·         Carry out AML compliance training on how to identify and report suspicious transactions.
·         Collect documentary proof, build and maintain case files for transactions deemed suspicious.
·         Analyze and provide periodic reports to Head of Compliance.
·         Ensure effective record-keeping of data collected and analyzed in line with Proceeds of Crime and AML regulations 2013.
·         Take responsibility for leading the analysis, design and development of innovative and best practice AML and Bank Solutions to deliver business objectives, optimal system performance and Compliance.
Skills, Competencies and Experience
The successful candidate will be required to have the following skills and competencies:
·         A Bachelor’s degree preferably in a business/ICT related field from a recognized University.
·         Possession of Anti-Money Laundering diploma or Professional certification with an organization, such as the Association of Certified Anti-Money Laundering Specialists (ACAMS), will be a distinct advantage.
·         Minimum of 3 years’ experience in a similar role or as a Compliance Officer with hands on experience in handling AML issues and suspicious transaction monitoring systems.
·         Superb data analysis skills coupled with ability to organize and analyze complex data sets.
·         Proficiency in MS Excel.
·         Ability to easily grasp and comprehend AML risks in the bank and to develop user requirements as well as recommend automated solutions to mitigate those risks.
How to Apply
If you are confident that you fit the role and person profile and you are keen to add value to your career then please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number AMLA/CD/2019 by 16th April, 2019.

Agent Banker
At Co-operative Bank, you’ll share in a commitment to excellence by partnering with world-class managers, all with one unified vision of taking it to the next level. We do this by hiring quality individuals with integrity, personal accountability, teamwork, excellence, and proactive thinking. If you exemplify our values and want to be part of something big, contact us today.
We seek young and energetic individuals who have a passion and flair for sales as well as being self-driven and results-oriented. The ideal candidates should also be able to work with minimal supervision and possess the ability to meet and exceed targets within strict deadlines.
The role holder will report administratively to the respective Branch Manager and functionally to the Regional Agent Banker. He/She will be responsible for the growth of Agency Banking and Merchant Acquiring business and will also be charged with the responsibility of pushing transactions at the Agent and Merchant location by ensuring optimal service delivery by the agents, their outlets and branches while at the same time organizing and conducting frequent training for agents and merchants.
The Role
Specifically, the successful jobholder will be required to:
·         Drive agent recruitment in the specific region/cluster/branch as per the laid down standards and CBK Guidelines as well as track Agent transactions and performance.
·         Supervise and appraise agent activities in the specific region, provide regular updates on the agent network and ensure Excellent Customer Service Delivery in the Agent Banking channels.
·         Work with Training team to provide continuous one on one agent training on operations and product knowledge and also training & Awareness for agents on Anti Money Laundering (AML/CFT),
·         Ensure observance of the Central Bank of Kenya Guidelines on Agent Banking by sensitizing Agents on the CBK provisions and need to comply with the same.
·         Coordinate the internal approval/declaration process for specific agents with CBK and communicate to Agents the approval or declination by CBK.
·         Execute Card business growth through Merchant Acquiring as well as relationship management with Merchants and driving Merchant Transactions and Turnover.
·         Work with Card Business Acquiring team to resolve operational issues and to ensure adherence to VISA and MasterCard regulations.
·         Carry out periodic visits to the Merchants to drive Co-op Bank POS usage and offer POS support to Merchants.
·         Work with Marketing team to ensure visibility of Merchants and Agents and ensure relevant branding and signage for Agents banking outlets.
·         Actively support product development and sales initiatives by branch through the identification of potential agents and coordinating joint marketing activities and cross-selling Alternative Banking Channels products.
·         Respond to queries from the Merchants, Internal customers and the CBK within the agreed SLAs.
Skills, Competencies and Experience
The successful candidate will be required to have the following skills and competencies:
·         Bachelor’s degree preferably in a business related field coupled with KCSE mean grade C+ (Plus), with a C+ (Plus) in both Mathematics and English.
·         Computer literacy is a must.
·         Excellent communication skills both oral and written
·         Previous sales experience in a financial institution will be an added advantage.
·         A good knowledge of the Anti-Money Laundering Act, 2009, Banking Act and Prudential guidelines on Anti-Money Laundering issued under the Banking Act
·         General awareness of the bank’s procedures, policies and guidelines.
·         Thorough knowledge of end-to-end process of Agent Banking and related environment.
·         Thorough understanding of the IT systems used for administration of Alternative Banking channels and especially the POS platform.
How to apply
If you are confident that you fit the role and person profile and you are keen to add value to your career then please forward your application enclosing detailed Curriculum Vitae, National ID, Degree Certificate and KCSE Certificate to jobs@co-opbank.co.ke indicating the job reference number AB/ACD/2019 by 16th April, 2019.

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