VALR

Financial Crime

• - Develop, implement, and maintain the company’s AML/CTF/CPF policies and procedures in accordance with the PMLA, the PMLR’s, as well as the FRC Implementing Procedures, and other relevant regulations.
• - Submit Suspicious Transaction Reports (STRs) and Cash Transaction Reports (CTRs) to the FRC within the required timelines.
• - Work with management and staff to ensure the business implements and maintains appropriate systems and controls to meet AML/CTF/CPF requirements.
• - Lead the preparation and coordination of responses to requests submitted by regulatory authorities.
• - Maintain records of internal and external reports, take subsequent action and maintain records of reasons for submission / non-submission.
• - Act as a central point of contact with the relevant AML regulators.
• - Receive and investigate internal suspicious reports and report external suspicious activity.
• - Liaise and collaborate with other teams to prepare the data required for the submission of reports requested by regulators.
• - Ensure compliance with local AML/CTF/CPF laws and regulations.
• - Maintain and implement an AML/CTF/CPF training programme and ensure that the relevant VALR employees are adequately trained.
• - Periodic reporting to VALR Kenya’s Board, Chief Compliance Officer and Country Head, including status updates on the AML/CTF/CPF risks, controls, and any gaps to be addressed.
• - Liaise with and respond to information requests from regulators, law enforcement agencies, and FRC.
• - Collaborate with internal teams (legal, compliance, risk, and operations) to enhance AML/CTF/CPF controls.
• - Advise senior management on AML and financial crime compliance risks and recommend mitigating measures.
• - Perform any other duties and responsibilities required to ensure that VALR Europe is compliant with applicable AML/CTF/CPF regulations.
• - Any other MLRO compliance-related duties as mandated by law or required by the business from time to time.

Money Laundering Reporting Officer, MLRO