Head of M-Pesa Risk and Compliance

Ksh  0


  • Advert Type:OFFERED
  • Posted on:09/03/2020
  • Job type:Permanent
  • Expires on:04/09/2019
  • Job level:Experienced
  • Work type:Full time
  • Minimum education level:University (Bachelor)
  • Salary Type:Contract Amount


Based in Nairobi, the position will report to the Chief Corporate Security Officer; Safaricom PLC. The holder of the position will be responsible for overall risk and compliance management of M-Pesa business in the region.

Certificates required

An updated CV with contacts of three referees, 2 who must be professional and must have supervised you at some point, the other referee can be a colleague in the same professional field. Kenyan Certificate of Good Conduct (Less than 1 year old) or a receipt of the same from the CID pending release of the hardcopy document. Clearance certificate from a reputable Credit Reference Bureau (CRB). University Degree Certificate/ Letter of Completion from University in case you have not received your degree certificate. Copy of your National ID/Passport.

Job duties and responsibilities

Formulating the strategy and framework for compliance and risk within the M-Pesa space, not limited to identifying key risks, monitoring such risks, creating and implementing a robust compliance program. Accountability to the Audit & Risk Committee and Board for the delivery of the compliance requirements in order to underpin the delivery of M-Pesa products. Regular interaction with C-Suite personnel in M-Pesa markets and third parties including to ensure that minimum requirements are met. Ensuring compliance with all M-Pesa policies and regulatory requirements. The creation and implementation of a robust compliance framework. Ensuring compliance and adherence to Anti Money Laundering regulations (including FATF guidance) as well as being accountable for the development and functionality of the Anti-Money Laundering platform that the markets need in order to comply with applicable global sanctions regulations, including Office of Foreign Assets Control (OFAC) and screening for Politically Exposed Persons. Management and implementation of the GSMA Mobile Money Accreditation program ensuring that markets retain their accreditation also ensuring that other markets achieve accreditation in the near future. Management of the Anti-Money Laundering shared service centre team in respect of watchlist screening and transaction monitoring. To be responsible for the development and implementation of compliance training requirements for M-Pesa: monitoring the market plans and sharing best practice as and when required. Accountable for ensuring that all new product development is risk assessed and meets the pre-defined risk appetite. Management of the compliance team within the M-Pesa markets to meet requirements.

Job requirements / Ideal candidate

At least 8 years’ experience in a financial services environment with at least 4 years of which should be in a senior leadership position. Possesses a relevant Bachelor’s Degree from a reputable organization. Professional qualifications ideally in the field of Anti-Money Laundering and/or compliance. Clear people leadership experience. Evidence of Anti-Money Laundering leadership and knowledge. Excel at setting up networks within a high-growth environment and agility at working in a fast moving environment.

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