Compliance Officer

BANK OF AFRICA - KENYA LIMITED (BOA-KENYA) is seeking a Compliance Officer to join their team in Nairobi. The role is primarily responsible for ensuring the Bank is compliant with internal policies, procedures, and external laws and regulations specifically relating to customer due diligence, anti-money laundering (AML), countering financing of terrorism (CFT), and countering proliferation financing (CPF). The successful candidate will manage financial crime risks and ensure the institution adheres to financial embargoes and sanctions.

Responsibilities and Accountabilities

Regulatory and Statutory Compliance

• Ensure reports to the regulators are submitted within required timelines.
• Ensure compliance with due diligence and KYC requirements as per regulatory requirements and international best practices.
• Communicate and implement new amendments to relevant laws and regulations.
• Continuously review and update the Bank’s internal blacklist.
• Periodically review the compliance risk management policy and other policies relating to the compliance function.
• Cooperate with regulators and law enforcement agents by making available required documents and information.
• Review media sources daily to stay informed about high-risk customers and adverse information.
• Stay abreast of and report on new emerging trends and typologies in the legislative and regulatory environment.

Customer Due Diligence and AML (Transaction Screening and Monitoring)

• Treat alerts triggered by screening and monitoring systems and manual processes.
• Perform comprehensive analysis and documentation of findings for alerts flagged by AML tools, leading to closure or escalation.
• Obtain and review additional supporting documentation for transactions identified as suspicious.
• Analyze potential money laundering, terrorism financing, and proliferation financing risks associated with specific customers, products, and jurisdictions.
• Screen and review customer-initiated transactions (Transfers, Large cash transactions) to ensure compliance with AML/KYC/CFT/CPF requirements.
• Perform first-level reviews of suspicious transaction reports (STRs) and escalate to the MLRO.
• Maintain accurate and detailed filing of STRs with relevant authorities and maintain AML records.

Research and Reporting

• Participate in research on compliance-related matters and offer expert advice to stakeholders.
• Prepare regular reports (Weekly, monthly, quarterly, annually) from various AML tools for the MLRO and Senior management.
• Ensure timely submission of regulatory reports to CBK, FRC, and other internal reporting bodies.

Training and Development

• Participate in and facilitate AML, CFT, and CPF programs, including training and attestations.
• Actively participate in compliance projects, system testing, and ad-hoc tasks for the MLS unit.

Minimum Requirements

• University Degree in Business or a related field such as Economics from a recognized institution.
• Minimum 3 years’ banking experience specifically in a compliance or risk department.
• Good understanding of Bank policies, procedures, and external regulations.
• Demonstrated expertise and in-depth knowledge in AML/CFT/CPF and KYC Controls.
• Good understanding of Central Bank Prudential guidelines, POCAMLA, Basel Rules, Banking Act, and IFRS.
• Evidence of knowledge regarding the current banking environment, trends, and applicable governance laws.

How to Apply

Interested and qualified candidates should apply online through the Bank of Africa career portal or via the provided application link before the deadline on May 9, 2026.