Job Description:
BOB Finance is seeking a qualified and detail-oriented Senior Compliance Officer to join our team. The successful candidate will play a key role in ensuring compliance with applicable laws, regulations, regulatory requirements, and internal policies, while supporting the development and continuous improvement of the company's compliance framework.
Key Responsibilities:
· Review, validate and approve customer KYC and E-KYC for BOB Finance customers.
· Review the newly opened accounts and supervise the screening process of prospective and existing customers against local and international watch lists.
· Conduct CDD & EDD program for new and existing BOB Finance customers and subagents.
· In charge of C2B, B2B and B2C approvals alongside all related tasks including due diligence, screening, public info, obtain all the legal documents and the supporting documents necessary for the onboarding process, monitoring.
· To monitor all the customers’ operations on a consolidated basis.
· Generate reports for monitoring of all BOB Finance services transactions, to assess data integrity, and identify any suspicious transaction/activity.
· Prepare monthly and daily reports (risk based approach), identify and report any suspicious transaction or activity to the Head of compliance.
· Cooperate with SIC, and Western Union in AML matters and assist in any inquiry or investigation.
· Review the letters addressed from the SIC and prepare the related replies.
· Ascertain that subagents are compliant with BDL, BOB Finance, and Western Union AML/CFT laws, regulations, policies and procedures.
· Provide professional support to Subagents with regard to all matters pertaining to AML and CFT. Raise fraud awareness for subagents and customers.
Qualifications and Requirements:
-Bachelor's degree in Law, Finance, Business Administration, Accounting, or a related field.
-A Master's degree or professional certification in Compliance, AML, Risk Management, or a related discipline is an advantage.
-Minimum of 5–7 years of relevant experience in compliance, preferably within banking, financial services, or a regulated financial institution.
-Strong knowledge of applicable regulatory requirements, AML/CTF principles, KYC procedures, and compliance risk management.
-Professional certifications such as CAMS or equivalent are an advantage.
