Adan shongolo

2016 – 2026 | Nairobi, Kenya

• Ensured comprehensive compliance with national and international regulatory requirements, internal policies, and AML/CFT frameworks for both money transfer and banking operations.
• Directed remittance and transaction monitoring, managing escalations efficiently within MTS and DTB systems.
• Conducted 2nd level Customer Due Diligence (CDD) / Know Your Customer (KYC) processes, verifying customer identity, assessing risk profiles, and analyzing financial activities to prevent fraud, money laundering, and terrorism financing.
• Executed Enhanced Due Diligence (EDD) on high-risk customers, including Politically Exposed Persons (PEPs), individuals from high-risk jurisdictions, and complex insurance policies, ensuring in-depth investigation of beneficial ownership and transaction purpose.
• Supervised and mentored compliance teams to guarantee timely identification, reporting, and escalation of suspicious activities.
• Participated in branch and operational audits, recommending process enhancements to strengthen compliance adherence and risk mitigation strategies.
• Led digital compliance initiatives, implementing real-time digital governance for policy updates, automated acknowledgments, and continuous workflow monitoring.
• Developed and delivered continuous compliance training programs to cultivate a proactive compliance culture, enhance team competency, and promote knowledge of AML/CFT/KYC regulatory requirements.
• Oversaw policy development, updates, and operational alignment with evolving financial regulations and global standards.
• Conducted structured risk assessments across clients and business processes to inform mitigation strategies, focusing on AML/CFT, operational, and cybersecurity risks.
• Maintained high accuracy and integrity in financial and compliance reporting through rigorous monitoring, auditing, and oversight mechanisms.
• Promoted and reinforced a culture of accountability, operational resilience, and regulatory awareness across the organization.
• Leveraged technology for efficient CDD/KYC operations, including identity verification, ongoing monitoring, risk classification, and automated reporting to enhance compliance efficiency and reduce regulatory exposure

Work Experience

2009–2016: Finance Department – Finance Officer / Senior Finance Officer, DTB Kenya Ltd.
Responsibilities:

• Prepared and submitted monthly, quarterly, and annual financial returns including balance sheets, income statements, liquidity ratios, capital adequacy, and non-performing loans to the Central Bank of Kenya (CBK).
• Conducted financial analysis and reporting to internal and external stakeholders such as shareholders, investors, auditors, rating agencies, and media to communicate performance, strategy, governance, and sustainability.
• Monitored and ensured data quality and consistency across multiple reporting systems and platforms.
• Collaborated with tax, accounting, risk, treasury, and business units to validate and reconcile financial data for reporting purposes.
• Maintained awareness of regulatory changes and accounting standards impacting reporting requirements.
• Prepared and managed budgets, forecasts, and financial statements, ensuring adherence to finance-related laws and procedures (tax filings, statutory reporting).