Manager: AML/CTF Compliance SEA

Reference Number:
Manager: AML/CTF Compliance SEA
Organisation Name:
MTN Level:
Level 3

The Manager: AML/CTF compliance will be solely responsible for ensuring effective implementation of the AML/CTF program on an ongoing basis at Fincos within the region.

The incumbent shall ensure Fincos meet all regulatory requirements and recommendations for anti-money laundering compliance  through assessments and reviews, and shall work in co-operation with Fincos during regulatory audits/reviews.

Fintech is entering a new phase where operational and commercial excellence has become critical for success. A separate Company has been set up to drive financial products and services to expand the reach and speed of operations. There is an increased focus in the commercial areas, new products and services and scaling up of Digital capabilities. The incumbent must therefore ensure the successful delivery in context of:

  • An expertise-based multicultural Fintech organisation
  • A dynamic and evolving field of Fintech/Financial Services industry
  • Revolutionary workforce practices which are bringing together global labour markets
  • Convergence in markets and exploration of non-traditional revenue streams requiring complex interpretation and structuring
  • Evolving industry sector constantly presenting new challenges and opportunities to the core businesses
  • Agile ways of working

Key Deliverables

  • The Manager will be accountable to achieve the following objectives at the region to ensure teams:
  • monitor, investigate and advice concerned parties by establishing clear accountabilities, roles and responsibilities to manage money laundering risk;
  • establish a risk-based approach to Customer Due Diligence (CDD) at onboarding and ongoing monitoring of customer activities; establish internal procedures to ensure that suspicious activity is reported in accordance with requirements prescribed by local laws and regulations;
  • establish a robust training program on the requirements of the policy and guideline; retain appropriate records of CDD, transactions, suspicious activity and AML training.
  • Address regulatory and audit findings within agreed timelines

Operational Delivery

  • Develop, implement and maintain bespoke compliance-related solutions for Fincos’ AML/CTF/Sanctions/Anti-fraud compliance program.
  • Design, implement and add to the AML/CT framework and its implementation
  • Assist the SM AML/CTF compliance in the management and execution of an efficient compliance monitoring program at regional level
  • Design, evaluate, support and influence a culture of compliance within the region
  • Advise and support regional Finco business and operational stakeholders with the development of appropriate controls
  • Provide advice and guidance to all in the organisation on fraud and AML/CTF matters
  • Responsible for ensuring an AML tool is up and running and meeting regulatory requirements, Group standards and industry best practices
  • As often as required, assist FinCos on defining suspicious transaction alert requirements and rulesets, in line with existing and new regulatory requirements
  • Support Fincos in managing the impact of potential changes driven by the regulators, industry, marketplace, and/or legal environment by devising strategies to addressing them
  • Fully assist and cooperate in audit programs at their region to determine organisational vulnerabilities
  • Ensure relevant training on latest AML trends and techniques in the Mobile Financial Services industry is provided to all Finco stakeholders.
  • Support in preparing executive presentations for various leadership forums and committees (Functional reviews, Exco, Remco, Board etc. )
  • Support to prepare functional performance presentation & reports with regard to key Performance metrices and KPIs being tracked


  • Operational, Tactical and Strategic Meetings
  • Provide input in strategic meetings when required
  • Provide inputs into the risk mitigation and controls
  • Provide input into the preparation of proposal on change initiatives, policies and procedures


  • Escalate issues that will result in severe time, scope, productivity, and cost or resource impact
  • Provide solutions to escalations that have multiple processes / functions impact on critical path of service delivery

Function Tactical

  • Provide input into all projects initiated
  • Provide input into establishing objectives, targets and budgets for the function as applicable
  • Identify and document key risks, issues and dependencies and set mitigation actions
  • Prepare documentation required for sign-off / making decisions regarding tactical changes


  • Ensure execution in alignment with functional strategy
  • Continuous performance monitoring and adjust strategy and actions to deliver targets


Report on a periodic basis relating to progress made in addressing various audit findings, and effectiveness measurement on AML/CTF program

Job Requirements


  • Recognised 4-year tertiary degree (preferably, in a law or business discipline)
  • Master’s in business administration is advantageous
  • Certifications in AML/CFT will be advantageous


  • Minimum of 7 years post-qualification experience with, at least, 4 years in Mobile Financial Services sector/ industry and/or Banking
  • Minimum 3 years of proven experience as an AML/Fraud Analyst in the banking industry or within Mobile Financial Services preferably
  • Experience developing and Implementing compliance programs
  • Very good knowledge of AML/CTF laws and rules in a Mobile Financial Services/banking setting
  • Exceptional investigative and analytical skills
  • Experience of producing User Requirement Documentation (URS) or similar is a must to help drive future enhancements to the AML tool
  • Willingness to work on various compliance issues
  • Very good interpersonal, communication (written and verbal) skills

Other Specifications

  • Strong organizational skills with the ability to work independently, as well as collaboratively within a team environment.
  • Ability to interact effectively with all levels of management, legal counsel, law enforcement, regulators and internal auditors while maintaining strict confidentiality
  • Strong decision-making, analytical and investigative abilities with attention to detail and accuracy
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint), and aptitude for learning other software applications (MTN platforms)
  • Proven track record of technical and specialized know-how around Financial Services fraud and AML/CTF/Sanctions
  • Excellent knowledge of CBN (Central Bank of Nigeria) AML/CFT Guidelines and associated Regulations
  • Familiarity with the Nigerian Financial Intelligence Unit (NFIU) Suspicious transaction reporting regulations
  • Abreast of global and regional mindset & best practices relating to Mobile Financial Services and AML/CTF as well as fraud in the Mobile Money space
  • Strong understanding and/or experience working with transaction monitoring software would be a plus
  • Emerging markets/ multi-cultural experience
  • Ability to learn fast and master the trends in a relatively new Mobile Financial Services industry
  • Willing and flexible to travel extensively throughout Nigeria to provide support and training. Be required to travel to and spend extended time in different states.
  • Be able to work under pressure in a demanding and complex Mobile Financial Services environment
  • Strong project management skills
  • Able to manage multiple assignments and agile to adapt to new challenges
  • Confident and assertive with a positive attitude


  • Analytical thinking
  • Business Acumen
  • Financial & Numerical Acumen
  • Conflict management
  • Continuous improvement
  • Data interpretation
  • Decision making
  • Delivery focused
  • Leadership

Skills (continued)

  • Negotiations
  • Executive Presentation
  • Relationship building
  • Behavioural Qualities
  • Team player
  • Analytical
  • Organised and methodical
  • Operationally astute
  • Proactive
  • Detail-oriented
  • Driven
  • Results-oriented