AML & Compliance Officer

 liwwa (liwwa.com ) is a FinTech company that provides credit to underserved small- and medium-sized Enterprises (SMEs) in Jordan. To date we have supported more than 715 businesses, with total lending in excess of $100 million. We also own and operate the liwwa Marketplace, which allows retail investors to fund local SMEs and generate above-market returns. Our mission is to achieve job and income growth and positive social impact across the MENA region.

liwwa is seeking an experienced analytical and strategic AML & Compliance Officer to join our team in Egypt and lead in conducting AML reviews, investigations, and implementations, and ensuring compliance with local regulations. 

Main Responsibilities:

• Handle the Anti-Money Laundering program in the company.
• Maintain oversight of any suspicious or unusual activities and ensure the correct action is undertaken.
• Draft, modify, and monitor the implementation of the company's AML & CFT policies and procedures.
• Ensure all aspects of CDD (Customer Due Diligence) & KYC( Know your Customer) procedures and necessary account opening documents are implemented in line with regulatory requirements.
• Ensure any suspicious and unusual activities are closed with adequate and documented explanations. 
• Check and conduct an AML investigation regarding any suspicious and unusual activities related to Money laundering and terrorist financing.
• Perform EDD (Enhanced Due Diligence) and ongoing monitoring based on the account assessment.
• Perform assessments for AML/CFT internal practices, policies, and procedures and update as required.
• Ensure proper implementation of AML practices by all company employees and provide periodic training to all staff members.
• Satisfy all the company regulatory requirements set by the Financial Regulatory Authority (FRA) and  AML compacting Unit. 
• Produce a biannual report containing the unusual and suspicious activities reported to the Unit for submission to the FRA.

Minimum Qualifications:

• Minimum 3-5 years of experience in the field of internal auditing, supervision, risk assessment and/or internal supervision is a must.
• Bachelor degree in economics/banking/finance/accounting, or related field.
• Comprehensive Knowledge of AML & CFT regulatory requirements (Laws, Regulations, rules).
• Comprehensive Knowledge of FATF s recommendations.
• Exceptional Legal and moral integrity.
• Excellent report writing skills. 
• Strong communication skills.
• Strong Analytical thinking 
• Proficiency in Microsoft Office Word and Excel.
• Good command of Arabic and English.

Preferred Qualifications:

• FRA Certified
• Professional Qualification, certificate, or postgraduate studies
• Familiarity with AML/CFT monitoring systems and related investigation processes