Senior AML Manager – Transaction Monitoring

Equity Bank (Kenya) Limited is a leading Financial Services Institution operating in Kenya. Our diversified business spans banking, insurance, technology and social enterprise, enabling us to deliver integrated solutions that drive inclusive growth at scale. Our business model is anchored on a distinctive Tri-Engine framework — Social, Economic and Sustainability, which systematically strengthens value-chains, empowers communities and delivers long-term social and economic impact.

Our purpose, “Transforming lives, giving dignity, and expanding opportunities for wealth creation,” guides every our strategic decision. We are driven by a bold vision “to be the champion of the socio-economic prosperity of the people of Africa,” and this ambition is embedded in our culture through our core values of professionalism, integrity, creativity and innovation, teamwork, unity of purpose, respect and effective corporate governance (PICTURE).

Our growth and impact agenda is clearly defined and operationalized through the Africa Recovery and Resilience Plan (ARRP), which serves as the strategic blueprint for sustainable expansion and long-term value creation across the continent.

JOB PURPOSE

The Senior AML Manager – Transaction Monitoring is responsible for strengthening the effectiveness of the Bank’s risk-based Anti-Money Laundering, Counter Financing of Terrorism and Counter Proliferation Financing (AML/CFT/CPF) transaction monitoring framework, detection capabilities and alert oversight across all customer segments, products and channels.

The role provides Second Line governance over monitoring coverage, scenario design and calibration, alert quality and data integrity, supports escalation of suspicious activity to the MLRO, and protects the confidentiality and independence of suspicious transaction reporting.

KEY RESPONSIBILITIES

· Lead risk-based AML/CFT/CPF transaction monitoring governance and coverage across retail, corporate, cash, payments, mobile, agency, trade and cross-border channels.

· Oversee the inventory, design, calibration, validation and effectiveness of detection scenarios, thresholds and customer segmentation.

· Assess missed detections, false positives and detection gaps, and drive improvements.

· Oversee standards for alert prioritisation, investigation quality, ageing, backlogs and escalation.

· Support complex case reviews and timely escalation of suspicious activity to the MLRO.

· Oversee data completeness, system interfaces, migrations, UAT, parallel runs and post-go-live effectiveness of monitoring solutions.

· Report monitoring coverage, alert KPIs, material deficiencies and remediation to Management and Board forums.

· Lead, develop and allocate resources across the Transaction Monitoring team.

KEY ACCOUNTABILITIES

· Maintain a documented transaction monitoring framework aligned to POCAMLA, CBK Prudential Guidelines, FATF Standards and the Bank’s AML/CFT/CPF risk assessment.

· Ensure monitoring coverage is mapped to products, channels, customer segments and geographies, and that coverage gaps are identified and remediated.

· Oversee the scenario inventory and the end-to-end scenario lifecycle, including design, approval, below-the-line testing, tuning and periodic validation.

· Ensure thresholds and customer segmentation are risk-based, evidence-supported and documented.

· Analyse alert-to-case and case-to-STR conversion, false positive rates and missed detections to drive detection effectiveness.

· Set and monitor standards for alert investigation quality, SLA adherence, ageing and backlog management, and challenge First Line operational weaknesses.

· Support complex investigations and ensure timely internal escalation of suspicious activity to the MLRO.

· Protect the confidentiality of suspicious activity information and the MLRO’s independence in determining STR reportability.

· Oversee data completeness and integrity of source feeds, reconciliations and interface exceptions affecting monitoring.

· Provide Second Line oversight of monitoring system implementations, upgrades, migrations, UAT and parallel runs.

· Incorporate emerging typologies, including mobile money, agency, trade-based and proliferation financing risks, into detection scenarios.

· Prepare MI on monitoring coverage, alert KPIs, scenario changes and remediation for Management, Board Committees and the Board.

· Support regulatory inspections, independent reviews and audits, and drive remediation of monitoring-related findings.

· Lead, mentor and develop the team, including performance management, capability building and succession planning.

Equity Bank (Kenya) Limited is a leading Financial Services Institution operating in Kenya. Our diversified business spans banking, insurance, technology and social enterprise, enabling us to deliver integrated solutions that drive inclusive growth at scale. Our business model is anchored on a distinctive Tri-Engine framework — Social, Economic and Sustainability, which systematically strengthens value-chains, empowers communities and delivers long-term social and economic impact.

Our purpose, “Transforming lives, giving dignity, and expanding opportunities for wealth creation,” guides every our strategic decision. We are driven by a bold vision “to be the champion of the socio-economic prosperity of the people of Africa,” and this ambition is embedded in our culture through our core values of professionalism, integrity, creativity and innovation, teamwork, unity of purpose, respect and effective corporate governance (PICTURE).

Our growth and impact agenda is clearly defined and operationalized through the Africa Recovery and Resilience Plan (ARRP), which serves as the strategic blueprint for sustainable expansion and long-term value creation across the continent.

JOB PURPOSE

The Senior AML Manager – Transaction Monitoring is responsible for strengthening the effectiveness of the Bank’s risk-based Anti-Money Laundering, Counter Financing of Terrorism and Counter Proliferation Financing (AML/CFT/CPF) transaction monitoring framework, detection capabilities and alert oversight across all customer segments, products and channels.

The role provides Second Line governance over monitoring coverage, scenario design and calibration, alert quality and data integrity, supports escalation of suspicious activity to the MLRO, and protects the confidentiality and independence of suspicious transaction reporting.

KEY RESPONSIBILITIES

· Lead risk-based AML/CFT/CPF transaction monitoring governance and coverage across retail, corporate, cash, payments, mobile, agency, trade and cross-border channels.

· Oversee the inventory, design, calibration, validation and effectiveness of detection scenarios, thresholds and customer segmentation.

· Assess missed detections, false positives and detection gaps, and drive improvements.