Since our inception in 1997, Exim Bank has emerged as one of the leading financial services providers in Tanzania, Comoros, Djibouti, and Uganda, with a representative office in Ethiopia. Our extensive presence underscores our commitment to delivering tailored financial solutions globally, solidifying our position in the banking landscape.
Success, for us, is defined by the impact we make on clients, communities, and teammates. Whether it’s personalized solutions for individuals or sophisticated offerings for corporations, we are dedicated to providing a holistic suite that precisely aligns with the unique demands of each client segment.
Positons: Anti-Money Laundering (AML) and Sanctions Manageri
Job Description
• The AML and Sanctions Manager is responsible for overseeing and enhancing the bank’s AML and Sanctions framework, including Anti–Money Laundering (AML), Counter-Terrorist Financing (CTF), and Sanctions. The role ensures the bank meets all regulatory obligations and operates effective systems and controls to prevent and detect financial crime.
Roles & Responsibilities
2. PRINCIPLE ACCOUNTABILITIES
• Develop, implement, and maintain the bank’s AML and Sanctions policies, procedures, and risk assessment frameworks to ensure robust governance, regulatory compliance, and effective mitigation of financial crime risks.
• Lead the annual enterprise-wide AML/CTF and sanctions risk assessments, ensuring a comprehensive evaluation of inherent risks, control effectiveness, and overall financial crime risk exposure across the bank.
• Align policies, controls, and practices with FATF recommendations and internal standards to strengthen the bank’s financial crime prevention framework
• Ensure key changes to financial crime-related laws, rules, and regulations are timely communicated and cascaded to the respective businesses/functions.
• Build and maintain an effective and constructive relationship with businesses and functional stakeholders that is based on trust, capability, and integrity, providing timely, responsive, and quality financial crime-related advice and guidance to enable the bank to meet its strategic objectives.
• Within the bank’s Enterprise Risk Management Framework, establish and maintain an appropriate risk-based compliance framework for identifying, assessing, managing, mitigating, and reporting financial crime risks across the bank.
• Design and monitor programs designed to detect, investigate, and report potentially suspicious transactions, and other possible violations of laws, regulations, policies, and/or procedures. Keep an updated register of STRs
• Oversee transaction monitoring alerts, conduct thorough investigations, and ensure the timely completion and submission of Suspicious Activity/Transaction Reports (SARs/STRs) in accordance with regulatory requirements and internal standards.
• Review escalated cases to ensure they meet required standards of quality, timeliness, and regulatory compliance, guiding to support effective decision-making and risk mitigation
• Oversee KYC onboarding, periodic reviews, and enhanced due diligence (EDD) for high-risk customers.
• Ensure strict adherence to beneficial ownership, PEP screening, and Customer Due Diligence (CDD) documentation standards, supporting compliance with regulatory requirements and mitigating financial crime risks
• Oversee sanctions screening processes (customers, transactions, trade, payments).
• Review and approve sanctions escalations, providing expert guidance to the business on sanctions-related risks to ensure compliance with regulatory requirements and minimize potential exposure
• Ensure effective sanctions list updates, alert tuning, and internal restrictions.
• Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices, and Financial Crime policies.
• Participate in new product and services approval processes, ensuring appropriate financial crime
Location : Corporate Office
Experience : 5 – 7
Posted : 02-Dec-2025
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