Compliance Administrator at Mukuru

Join our dynamic team as we seek dedicated individuals to fulfil the pivotal role of Compliance Administrator. Reporting directly to the Compliance Officer, this role is essential in ensuring meticulous adherence to the regulatory framework set forth by the Central Bank of eSwatini.

As a Compliance Administrator, you will play a vital role in monitoring and scrutinizing daily transactions, identifying potential compliance issues, and facilitating prompt resolution or escalation as necessary.

This position offers an exciting opportunity to contribute to our company's commitment to upholding integrity and regulatory compliance in the financial sector. If you are detail-oriented, proactive, and passionate about maintaining high standards of compliance, we invite you to apply and become a valued member of our team.

Duties and Responsibilities (Include but is not limited to):

Record Keeping and Documentation:

• Maintain records of all submitted reports and applications to the regulator.
• Download transactional data submitted by the Compliance Assistant and ensure proper storage for easy retrieval.
• Maintain records of Suspicious Transactions and Cash Threshold Reports exclusively accessible to the Compliance Administrator.
• Archive applications submitted to the regulator and keep approved applications for future reference.

Transaction Integration and Error Resolution:

• Perform daily transaction balancing and rectify transactions that fail revalidation.
• Address errors related to the integration of Valtari and the CBEs CBFETR System.
• Ensure all transaction errors are resolved promptly and conduct weekly transaction reconciliation.
• Escalate unresolved issues to developers as necessary.

CTR Reporting:

• Compile Currency Transaction Report (CTR) submissions for review and submission by the Compliance Officer.
  
• Monitor trends in CTR reporting to identify any anomalies or patterns.

Collaboration and Coordination:

• Coordinate compliance projects across departments from initiation to completion.
• Share project information with relevant external departments and gather input from department heads.
  

Internal Tracking and Analysis:

• Track task completion to ensure adherence to standards and timelines.
• Analyze trends and typologies related to compliance activities for continuous improvement.

Key Requirements

• Tertiary education (degree/diploma) (Essential and a Tertiary qualification in Business or Economics is an added advantage
• 3years experience (Essential) in financial services industry
• Knowledge of Mukuru system
• Ability to coordinate tasks and project within the department.
• Ability to identify areas requiring attention in relation of compliance.
• Knowledge of reporting any suspicious or fraudulent activities
• Ability to collect information and data
• Ability to conduct checks on KYC/CDD/EDD

Additional Skills

• Verbal and written communication skills
• Time management skills
• Organizational & administrative skills
• Interpersonal skills
• Mathematical skills - intermediate level
• Data analysis and interpretation skills
• Research skills.
• Computer skills- (excel, MS office package)
• Ability to work with confidential information.
• Teamwork
• Attention to detail

I am sure you are reading this job description and meet majority of the criteria BUT you may also still not be 100% comfortable in applying. We believe that there is a place for everyone under the Mukuru sun and we want YOU to contribute to our diverse tapestry of talent. So come on, take a leap of faith, and send your application if you meet majority of our requirements. Remember to include a snippet of how you will bring value and help us build a future of success that will help us determine where and how you may best be suited” Maybe you are just the future Mukurian we need!!

Should you be appointed in a remote/work from home role at Mukuru, it is your responsibility to ensure that you have uninterrupted internet connectivity and a ‘work-like’ environment at your home location, in order to deliver your best in terms of performance, productivity and service to our customers.

If you do not receive any response after two weeks, please consider your application unsuccessful.

NB: ALL STAFF APPOINTMENTS WILL BE MADE WITH DUE CONSIDERATION OF THE COMPANY’S DIVERSITY AND INCLUSION PLANS