Senior Financial Crime Manager at Mama Money

As our Senior Financial Crime Manager you will:

AML Program Management:

• Oversee AML team activities, including investigations, regulatory reporting, and customer/payment screening.
• Develop and maintain agent and partner due diligence processes.
• Evaluate risks associated with clients, financial instruments, and services, updating systems and procedures accordingly.
• Align the AML program with regulatory changes and business strategy.
• Review and update AML policies and procedures as needed.
• Provide guidance on corrective measures and inform senior management of policy application shortcomings.

Corridor Analysis and Training:

• Assist in corridor analysis and develop/review corridor-specific AML Red Flags.
• Facilitate an annual employee training program on Money Laundering and Terrorist Financing prevention.
• Identify departments and employees requiring further training and education.

Fraud Management:

• Collaborate with legal and law enforcement to plan and execute fraud case resolutions.
• Conduct suspect interviews, analyze documents and financial data, and direct fraud unit operations.
• Provide professional recommendations to limit fraud risks for business establishments.
• Support negotiations and recovery processes.
• Design and implement effective fraud prevention processes.
• Manage day-to-day activities of the fraud investigations team
• Conduct fraud risk assessment on new products and services
• Perform investigation of fraud cases
• Review and draft related policies, annual plans, operating or working procedures / manuals
• Perform data analysis and prepare intelligence reports / circulars for management's review
• Prepare anti-fraud training materials and participate in the delivery of training
• Respond to inquiries of business units regarding fraud risk management issues

Fraud Prevention and Technical Expertise:

• Establish and enforce rule configurations based on fraudulent activities.
• Oversee various lines of defence against fraud and lead fraud investigations.
• Analyse data and trends for proactive fraud prevention.
• Develop a strategic approach to fraud mitigation, transitioning from reactive to proactive measures.
• Collaborate with technical experts to implement effective anti-fraud measures.

Technical Leadership:

• Utilise systems thinking and data analysis for informed decision-making.
• Own the implementation, management, and enhancement of compliance systems.
• Drive technical understanding and data analysis for AML and fraud prevention.
• Enhance technical capabilities within the Compliance department.
• In your first 90 days at Mama Money you will:
• Understand our business, our corridors, our transaction patterns, our existing rules and framework, and our regulatory obligations.
• Do your first risk assessment of our business from a compliance perspective, identify gaps and propose mitigation strategies.
• Propose AML system improvements and champion their implementation.
• Get to know the compliance team, the senior management team, and the overall people in our organisation.

About you:

• Degree or above in business administration, criminology or other disciplines
• 5 years' relevant experience in banking or financial sectors
• Familiar with case investigation, fraud risk controls, regulatory requirements and the market practices
• Good in data analytical, interpersonal and communication skills
• Self-motivated and be able to work under pressure
• Strong PC skills in Microsoft Excel, PPT and Word