Vacancy title:
Anti-Money Laundering (AML) Specialist

[Type: FULL_TIME, Industry: Accounting, Category: Legal]

Jobs at:
Institute of Certified Public Accountants of Kenya (ICPAK)

Deadline of this Job:
Friday, May 16 2025

Duty Station:
Nairobi | Nairobi | Kenya

Summary
Date Posted: Tuesday, May 6 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Anti-Money Laundering (AML) Specialist

• Job TypeFull Time
• QualificationBA/BSc/HND , MBA/MSc/MA
• Experience6 years
• LocationNairobi
• Job FieldLaw / Legal 

Job Summary:

• The role reports to Director – Regulation, Licensing and Compliance and will support the implementation and monitoring of anti-money laundering and counter-financing of terrorism (AML/CFT) compliance initiatives within the accountancy profession. The role includes reviewing member activities, conducting risk assessments, ensuring compliance with AML laws and regulations, and promoting awareness and capacity building among practitioners. This position is key in enhancing ICPAK’s role as a supervisory body under Kenya’s AML/CFT framework and in ensuring that members of the Institute uphold their obligations in preventing financial crime.

Key Responsibilities and Accountabilities (Duties)

• Assist in the development and periodic review of AML/CFT policies, manuals, procedures, and guidelines for the use by ICPAK members and prepare and disseminate AML/CFT guidance notes, alerts, and publications to members.
• Support the implementation of risk-based supervision frameworks in line with international AML/CFT standards (e.g., FATF recommendations) by conducting risk-based inspections, reviews, and assessments of members and audit firms to evaluate AML/CFT compliance.
• Monitor and ensure member adherence to the Proceeds of Crime and Anti-Money
• Laundering Act (POCAMLA), related regulations, and ICPAK guidelines.
• Organize and facilitate training, workshops, and awareness campaigns for members and stakeholders on AML/CFT obligations.
• Liaise with other regulatory bodies and Financial Reporting Centre (FRC) on AML matters.
• Support investigations into suspected breaches of AML/CFT laws and regulations.

Person Specifications:

• Be a citizen of Kenya.
• Meet the requirements of Chapter Six of the Constitution.
• Possess a Bachelor of Commerce degree or any other business-related degree from a recognized University, a Post-Graduate qualification will be an added advantage.
• Certification in Law, Criminology, or a related field is a distinct advantage.
• Professional qualifications: CPA or equivalent qualifications and a member of ICPAK in good standing.
• Certification in AML/CFT, forensic audit, compliance, or related areas is an added advantage.
• Minimum relevant work experience of at least six (years in AML/CFT, compliance, forensic audit, or risk management.

Knowledge, Skills and Abilities

• The following key attributes will be required:
• Knowledge
• Should be knowledgeable on all the subsets of the Accountancy profession including pertinent emerging issues within the profession and other related areas.
• Strong Understanding of POCAMLA and its regulations, FATF recommendations and AML/CFT international standards and Regulatory and professional ethics frameworks is required.
• Knowledge and demonstratable experience in Compliance Checks and/or Investigations is a must.

Work Hours: 8

Experience in Months: 72

Level of Education: bachelor degree

Job application procedure

• Interested candidates in the above job should email their application letter accompanied by a detailed CV in PDF format and testimonials clearly indicating their current and expected salary to the email addresses
• Applications should be received on or before the close of business on Monday, 16th May 2025.
• ICPAK is an equal opportunity employer, and qualified applicants from all backgrounds are encouraged to apply.
• Successful candidates will be required to satisfy the following requirements of Chapter Six (of the Constitution of Kenya 2010:
• Police Clearance Certificate from the Directorate of Criminal Investigations
• Tax Compliance Certificate from the Kenya Revenue Authority.
• Higher Education Loans Board
• Ethics and Anti-Corruption Commission Clearance
• Only shortlisted candidates will be contacted.

Send your application to AMLS@icpak.com

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