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