Job Purpose
The Compliance Officer is responsible for designing, implementing, and continuously strengthening a scalable compliance framework that ensures full regulatory adherence, AML/CFT effectiveness, data protection integrity, and governance discipline across Mwananchi Credit Limited and Shimin Insurance.
The position supports Mwananchi's 2026 - 2029 strategic ambition of regulatory maturity and banking-grade readiness
Key Accountabilities & Responsibilities
Regulatory Compliance & Horizon Scanning
AML/CFT & MLRO Responsibilities
Compliance Risk Management
Policy Governance & Internal Controls
Audit & Regulatory Inspection Readiness
Data Protection & Confidentiality
Governance, Ethics & Culture
Key Performance Indicators (KPIs)
Regulatory Integrity
AML/CFT Effectiveness
Governance & Assurance
Data Protection & Incident Management
Culture & Capability
Qualifications & Experience
Academic Qualifications
Bachelor's degree in Law, Finance, Risk Management, Business Administration, or related field.
Master's degree (MBA, Risk, Finance, Law) preferred
Professional Certifications (At least one)
Certified Anti-Money Laundering Specialist (CAMS)
ICA Diploma in AML/Compliance
Certified Compliance & Ethics Professional (CCEP)
CPA/ACCA (added advantage)
Experience
Minimum 5 - 7 years' experience in compliance, risk, audit, or regulatory roles within a regulated financial institution.
Demonstrated experience in AML/CFT compliance and regulatory reporting.
Experience interacting directly with regulators.
Experience presenting compliance reports to senior management or Board committees preferred.
Qualifications & Experience
High ethical standards and unquestionable integrity
Strong analytical and investigative skills
Structured documentation and reporting discipline
Ability to influence and challenge constructively
High level of discretion and confidentiality
Strategic and systems thinking
Calm and decisive under regulatory pressure
Strong stakeholder management skills