Job Detail

Job Description

Role Purpose

The AML Specialsit will ensure that, Vodafone Cash Transfer Service and other Vodafone products and services are not used by criminals for money laundering, financing terrorism, fraud and other criminal activities.

Responsiblities and Experience

Duties and Responsibilities
Transaction Monitoring

• Monitor Vodafone Cash and other money transfer transactions proactively to identify money laundering, terrorist financing and other criminal activity
• Analyze the daily customer registrations and all agency transactions to identify suspicious activity

Suspicious Activity Reporting and resolution

• Investigate reports received on suspicions of money laundering from agents and staff and Issue report on findings giving recommendations on action to be taken
• Develop local watch list for blacklisted customers for reference and update it regularly

KYC Assurance on Quality of data captured

• Analyze the daily customer registrations and all agency transactions to identify KYC Violations
• Analyze and report on the status of customer data integrity and make recommendations to Vodafone Cash for correction of anomalies noted
• Follow up with Vodafone Cash for correction of customer data Take proactive action to ensure enforcement of applicable deterrent measures

Watch list screening

• Extract alerts generated by the watch list screening system for PEPS and sanctioned individuals for verification with relevant authorities
• Take appropriate action on all unconfirmed data

AML Training

• Regular update the staff and agent portals with relevant news and training
• Participate in staff induction and agent forums
• Facilitate staff and agent training on the AML portals
• Reconciliation of training records to ensure that all relevant staff and agents undertake the training

AML Regulatory Compliance – Vodafone Cash and other financial products

• Maintain a detailed knowledge of Vodafone AML Policies, current AML Regulations, legislative requirements as well as future developments on AML

Skills Required