Description
ExpressCredit is a global consumer finance company operating in Namibia and 3 surrounding countries, including Zambia, Botswana, and Lesotho. Our company helps individuals in a need of short-term and long-term financial solutions – all of which make a meaningful and lasting impact on the local communities.
Since 2018, ExpressCredit has more than tripled its global operations and grown to over 200 employees in Namibia and 1000 employees worldwide. If you want to work for a dynamic, forward-thinking and socially responsible financial services provider we are the right match for you!
To learn more about ExpressCredit, visit: https://www.expresscredit.com.na/
Express Credit is an equal opportunity employer committed to diversity and inclusion in the workplace
ExpressCredit - one team with one dream to bring an added value to all our clients in Africa!
Job Mission: To monitors all operational processes and procedures ensuring that the organization complies with regulatory requirements related to financial crime, money laundering, and terrorist financing, while fostering a culture of compliance across the business – complying with all legal regulations and ethical standards. Manages information flow by researching, recording and analysing data and information. Oversee the design, implementation, and maintenance of the compliance framework in country, as well as ensuring adherence to local and international AML standards and regulations.
Responsibilities:
- Control of employees and activities in the area of AML/CTF.
- Take care of the implementation of the law and other financial regulations in the field of AML/CTF.
- Proposes policies and procedures and their revision in the field of AML/CTF.
- Communicate with the regulatory authority to AML/CTF.
- Communicates with correspondent financial companies in the field of AML/CTF.
- Checks and verifies reports in the field of AML/CTF.
- Analyzes and monitors certain customers and transactions and prepares reports on them.
- Prepares a plan and materials for training employees in the area of AML/CTF and conducts training.
- Preparation and regular updating of risk assessment for money laundering and terrorist financing.
- Preparation and implementation of a Program for effective reduction and management of the identified risk of money laundering and terrorist financing.
- Reviewing and updating the internal control framework, including customer analyses, suspicious activity, suspicious transaction monitoring etc.
- Notification and submission of data, information and documentation to the Administration in accordance with the provisions of this law and the by-laws adopted on its basis.
- Performs internal control over the implementation of measures and actions to prevent money laundering and terrorist financing at least once a year in the current year for the previous year and prepares documentation for the ascertained findings of the conducted control.
- Monitoring and ensuring company’s compliance with applicable laws, regulations, and industry standards.
- Conducting regular compliance assessments and audits to identify and address potential (non) compliance risks.
- Investigating and reporting any compliance breaches or violations.
- Developing, implementing, and updating compliance policies and procedures.
- Provides and conducts compliance training for all departments.
- Creates and maintains compliance and culture of corporate governance in the company.
- Person responsible for cooperation with regulatory bodies on compliance issues and ensuring timely submission of required reports and information.
- Designs and implements the New Product Approval Process.
- Prepares AML/CTF and compliance reports for the CEO/COO and Group Head of Compliance.
- Other activities requested by the CEO/COO and Group Head of Compliance, related to regulatory compliance activities.