Barclays Bank Money Laundering Reporting Jobs In Kenya


Barclays bank is hiring a Money Laundering Reporting Officer – First Assurance –

Overall Job Purpose

  • To ensure compliance by business with its obligations in terms of the Anti-Money Laundering (AML) and terrorist financing legislation/regulation and its employees with the provisions of the applicable laws and internal policies and rules.
  • To ensure adherence by BUSINESS with the Sanctions and Anti-Bribery and Corruption (ABC) Policy requirements
  • To provide AML related training to the business.

Accountability: Implementation, embedment and oversight of AML, Sanctions and ABC

  • Provide guidance/support to the Anti-Money Laundering (AML), ABC and Sanctions
  • functions within Business Units (BU) to ensure:
  • Full financial crime regulatory compliance
  • The awareness of processes to report suspicious transaction reports
  • There is a framework for managing the process for the escalation of
  • dispensations / waivers to the Head of Financial Crime on behalf of a BU
  • Assist the relevant BUs in the interpretation of policies and standards as required.
  • Monitor, by checking, that relevant BUs provide awareness and training programmes in respect of Money Laundering, Sanctions and Bribery & Corruption in accordance with the statutory requirements and report on completion of training
  • Guide relevant BUs with regard to compliance with any AML; ABC or Sanctions related issues arising from regulation or policy
  • Guide relevant BUs with regard to the remediation required following any form of assurance review conducted (i.e. Internal Audit, Financial Crime)
  • Participate with business when new products are being developed to ensure financial crime compliance.
  • Provide Financial Crime input into the Africa NPA process
  • Obtain and review of monthly financial crime reports from designated in country team members
  • To design and implement ad hoc financial crime training to relevant BUs in line with the Barclays Policy requirements

Accountability: Annual High Risk Reviews:

  • Ensure the relevant BUs understand the standard required to be performed, including the record retention requirements for Annual High Risk Reviews.
  • Provide training to users on the standard compiled
  • Track progress and completion of Annual High Risk Reviews
  • Conduct reviews on the High Risk Reviews that have been performed
  • Ensure the maintenance of the High Risk database and provide reports as and when these are required.
  • Escalate to the Manager: Financial Crime BUSINESS, any missed deadlines in this regard

Accountability: Politically Exposed Persons:

  • Ensure PEP register is complete and maintained by relevant BUs.
  • Provide advice on the PEP review standard to be used.
  • Assist in providing training to users on the standard compiled.
  • Conduct reviews on the PEP Reviews that have been performed.

Accountability: Financial Crime Reporting:

  • Test that relevant BUs maintains records relating to Dispensations, Waivers, Exceptions and Breaches log.
  • Compile the monthly KRI reports relating to business
  • Provide relevant, accurate and updated information on request or in terms of agreed time lines to be included in various stakeholder reports such as CRC, Combined Assurance, Exco.

Accountability: Stakeholder management:

  • Build and maintain meaningful relationships the BUSINESS BUs with the aim of 3 understanding their business needs.
  • Ensure that updates/review/testing reports are discussed and submitted timeously to the relevant COO.
  • Apply consistent Financial Crime standards across BUSINESS

Accountability: Policies and Procedures:

  • Facilitate and embed policies, processes and business requirements to ensure that risk is sufficiently mitigated in BUSINESS.
  • Act as point of reference for regulatory queries and breach, dispensation and waiver requests.


How to Apply

Apply here