ExpressCredit is a global consumer finance company operating in Zambia and three surrounding countries, including Namibia, Botswana, and Lesotho.

We operate a multi-channel lending platform for private and government sector employees underserved by mainstream financiers. As a good corporate citizen, our goal is to help people in need of short-term and long-term financial assistance – all of which make a meaningful and lasting impact on the local communities.

ExpressCredit is a game-changer and one of the fastest microlenders in the country. A combination of new technologies, mobile sales, and a network of branches and direct sales positions us well for growth and building a sizeable, well-performing loan portfolio.

Express Credit Zambia seeks to recruit a self- motivated, experienced, skillful and result oriented professional based in Lusaka for Compliance and AML Manager Position based in Lusaka.

Key Responsibilities

• Control of employees and activities in the area of AML/CTF
• It takes care of the implementation of the law and other financial regulations in the field of AML/CTF;
• Proposes policies and procedures and their revision in the field of AML/CTF;
• Communicate with the regulatory authority to AML/CTF;
• Communicates with correspondent financial companies in the field of AML/CTF;
• Checks and verifies reports in the field of AML/CTF;
• Analyzes and monitors certain customers and transactions and prepares reports on them;
• Prepares a plan and materials for training employees in the area of AML/CTF and conducts training;
• Preparation and regular updating of risk assessment for money laundering and terrorist financing
• Preparation and implementation of a Program for effective reduction and management of the identified risk of money laundering and terrorist financing
• Reviewing and updating the internal control framework, including customer analyses, suspicious activity, suspicious transaction monitoring etc;
• Notification and submission of data, information and documentation to the Administration in accordance with the provisions of this law and the by-laws adopted on its basis;
• Performs internal control over the implementation of measures and actions to prevent money laundering and terrorist financing at least once a year in the current year for the previous year and prepares documentation for the ascertained findings of the conducted control.
• Monitoring and ensuring company’s compliance with applicable laws, regulations, and industry standards;
• Conducting regular compliance assessments and audits to identify and address potential (non) compliance risks;
• Investigating and reporting any compliance breaches or violations;
• Developing, implementing, and updating compliance policies and procedures;
• Provides and conducts compliance training for all departments;
• Creates and maintains compliance and culture of corporate governance in the company;
• Person responsible for cooperation with regulatory bodies on compliance issues and ensuring timely submission of required reports and information;
• Designs and implements the New Product Approval Process;
• Prepares AML/CTF and compliance reports for the CEO/COO and Group Head of Compliance;
• Other activities requested by the CEO/COO and Group Head of Compliance, related to regulatory compliance activities

• Grade 12 certificate with 5 credit or better of which English and Mathematics are a must;
• Bachelor’s degree or master’s in finance, Accounting, Business management, Legal or other related fields;
• 4 years plus experience in compliance, AML or related field;
• CAMS Certification and knowledge of AML/CFT local/regional/international regulatory requirements;
• Excellent interpersonal communication skills are a must as it is necessary to relay alternative solutions regarding AML/KYC issues to staff members.
• Previous experience in Microfinance, or financial services sector will be advantageous.
• Excellent time management, analytical and organizational skills with a strong customer centric focus.
• High degree of confidentiality required (Maintain confidentiality regarding all information being processed, stored, or accessed).
• Approachable and team player with problem solving skills.
• Excellent verbal and communication skills in English.
• Proactiveness and Assertiveness.
• Business acumen, customer focus, ability to communicate effectively and assertively
• Must possess planning and time management skills
• Clean and valid driving license. Must have at least one year driving experience