KEVIN ONYANGO ONYACH
Compliance Officer
Mombasa
Summary
Detail driven Compliance professional with expertise in AML, CFT, KYC onboarding and Regulatory Compliance Services tailored to ensure any business not only meets regulatory standards but also upholds industry best practices.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
2
2
Languages
Work History
Compliance Officer and Onboarding Specialist
Eazzy Tranzact
01.2025 - Current
- Ensure adherence to all relevant financial regulations, including AML, KYC, and data protection laws.
- Conduct ongoing monitoring of client accounts for potential compliance issues.
- Stay updated on regulatory changes and ensure the company's practices are aligned.
- Lead the client onboarding process by verifying documents, conducting KYC checks, and ensuring compliance with regulatory requirements.
- Collaborate with cross-functional teams to facilitate a seamless onboarding experience for new customers.
- Address and resolve any onboarding issues or client inquiries in a timely manner.
- Identify and assess compliance risks, and recommend actions to mitigate them.
- Assist in preparing reports for internal audits and regulatory reviews.
- Maintain accurate and organized records of all client onboarding activities and compliance documentation.
- Ensure that all client information is up-to-date and securely stored according to compliance standards.
- Maintain comprehensive and organized records related to risk assessments, compliance reviews, audit findings, and mitigation actions across all countries we have operations in.
- Assist in training internal teams on compliance protocols, KYC procedures, and regulatory updates.
- Provide guidance on best practices to ensure the company remains compliant.
- Coordinate and help deliver training sessions to staff on compliance, risk management practices, fraud prevention, and reporting mechanisms.
AML Compliance Officer
Jumia Kenya, Jumia Uganda, Jumia Group (NYSE:JMIA)
02.2021 - 12.2024
- Carrying out KYC checks and risk-based Customer Due Diligence for new Jumia pay partners
- Review merchant KYC/AML documentation and ensure consistent and comprehensive information
- Undertake merchant risk profiling and rating as per KYC/AML policies and procedures
- Undertake CDD as per law, guidelines and company KYC/AML policies and procedures
- Implement and enforce company enforcement of it's AML/CFT framework
- Monitor and alert on the status and performance of compliance responsibilities across support functions
- Carrying out initial review of AML alerts and maintain follow up for conclusion on AML case management including AML system support to users
- Participate and assist management in promoting a culture of its AML/KYC laws, regulations and policies through induction, regulatory trainings and sensitization sessions
- Internal audit of KYC systems by reviewing controls to identify any potential risks and proposing system improvements
- Prepare and submit statutory reports as required by regulator regarding AML/KYC with the assistance of MLRO
- Sanction Screening & PEP screening using Lexis Nexis Bridger of all onboarding merchants
- Reviewing documents for new onboarded merchants and reporting any suspicious activity to the MLRO
- Promote and reinforce a strong culture of compliance throughout the organization, emphasizing the importance of AML and reporting obligations
- Carrying out comprehensive risk assessments across the business and functional areas in line with the risk management framework
- Perform other duties as assigned by MLRO
Junior Accountant, Accounts Payable
Jumia Kenya
01.2021 - 02.2021
- Bank and cash reconciliation
- Financial analysis and reporting
- Creating and posting of customer ledger entries on the NAV system
- Balancing off customer applications in Accounts receivable
- Payment of marketplace vendors
- Creating and processing of payments for Jumia food
- Creating and processing of commission invoices for Market place vendors
Intern
KCB Capital
07.2018 - 10.2018
- Building of financial models
- Financial Analysis of company financial statements
- Build financial models in excel based on historical information and other available industry-specific operating metrics
- Conduct scenario analysis based on microeconomic and macroeconomic factors to access business risk
- Evaluate companies using various financial valuation methods, such as DCF, comparable company analysis, capital structure analysis etc
- Ensure the new models' accuracy while enhancing the existing models' quality
- Recommend and implement process improvement measures
- Identify key financial and non-financial risks and advise clients for those risks
- Conduct scenario and sensitivity analysis with the intent to support investment activities
- Update the financial models after each earnings rollout or other similar corporate actions
- Analyze and identify data required to support model tracking
Claims Assessor
Jubilee Insurance
04.2018 - 06.2018
- Registration of claims into the Actisure system
- Advising the approver on any peculiarities noted in the claims from group providers
- Handling of coverage simple enquiries with brokers, providers, members etc
- Liaising with the underwriting section on scope of cover for various schemes
- Vetting and confirming validity of service given by the service provider in relation to the benefits covered, treatment given, adherence to provider panel rules and cost of treatment
- Examined claim evidence against company guidelines and procedures to determine suitable outcomes for submitted claims, informing approval or rejection decisions
Actuarial Officer Intern
National Hospital Insurance Fund
01.2016 - 03.2016
- Processing of claims
- Actuarial Valuations
- Payments of claims to the beneficiaries of deceased civil servants
Education
Bachelor of Business Science - Actuarial Science
Strathmore Univeristy
Nairobi, Kenya 02.2014 - 07.2018
Kenya Certificate of Secondary Education -
Moi High School, Kabarak.
Nakuru, Nakuru District, Kenya 01.2013 - 12.2013
Skills
- Microsoft Word
- Microsoft Excel
- Microsoft PowerPoint
- QuickBooks
- Lexis Nexis
- AML/CTF
- Transaction monitoring
- KYC/CDD
- Sumsub
- Slack
- Shufti Pro
- Stripe
- Asana
Certfications
- Certified Financial Modelling and Valuation
Corporate Finance Institute, Vancouver, Canada
Financial Modelling and Valuation Analyst - Certificate in Anti-Money Laundering Foundations
Financial Crime Academy - Certificate in Open-Source Intelligence (OSINT)
Basel Institute on Governance, Basel, Switzerland (2024) - Certificate in Foundations of KYC and AML
KYC Lookup, Hertfordshire, United Kingdom (2024) - Advanced Transaction Monitoring Masterclass
Sumsub (2024)
Accomplishments
Started the Students fund in Strathmore Students Actuarial club in Strathmore University (2016) together with my fellow leaders to help needy students be able to do Actuarial professional papers.
Hobbies
- Swimming and travelling
- Volunteering in charitable works
- Playing and watching football
References
- Dr. Ferdinand Othieno Dean, Strathmore University fothieno@strathmore.edu Mobile No: +254 712 345 678
- Mr. John Ocheche Strathmore University Lecturer, Strathmore University jocheche@strathmore.edu Mobile No: +254 723999078
- Mrs. Mercy Mutua Actuarial Officer, National Hospital Insurance
- Fund m.mutua@nhif.or.ke Mobile No: +254 721254027
- Mrs. Charlene Kimara KCB Capital Customer Service Manager ckimara@kcbgroup.com Mobile No: +254700040400
- Mrs. Ann Moochi Wainana Jumia Kenya Chief Financial Officer Ann.Wainaina@jumia.com
- Mrs Ivy Gituku Jumia Kenya Head of Accounts Payable
- Mrs Winnie Nyandoro Jumia Group MLRO Winnie.nyandoro@jumia.com
- Mr Charles Assamoi Jumia Group Group Compliance Onboarding Manager charles.assamoi@jumia.com
- Mrs Olubukola Leonard Global Human Resources Manager Eazzy Tranzact bukola@eazzytranzact.com
- Mr Raymond Biu MLRO raymond@eazzytranzact.com
- Mr Dash Adedipe CEO Eazzy Tranzact dash@eazzytranzact.com
Timeline
Compliance Officer and Onboarding Specialist
Eazzy Tranzact
01.2025 - Current
AML Compliance Officer
Jumia Kenya, Jumia Uganda, Jumia Group (NYSE:JMIA)
02.2021 - 12.2024
Junior Accountant, Accounts Payable
Jumia Kenya
01.2021 - 02.2021
Intern
KCB Capital
07.2018 - 10.2018
Claims Assessor
Jubilee Insurance
04.2018 - 06.2018
Actuarial Officer Intern
National Hospital Insurance Fund
01.2016 - 03.2016
Bachelor of Business Science - Actuarial Science
Strathmore Univeristy
02.2014 - 07.2018
Kenya Certificate of Secondary Education -
Moi High School, Kabarak.
01.2013 - 12.2013
Similar Profiles
Andy McguireAndy Mcguire
Line Cook/Prep Cook at Eazzy BurgerLine Cook/Prep Cook at Eazzy Burger
BOLANLE OLUCHI BABALOLABOLANLE OLUCHI BABALOLA
Head of Media Production and Communication Manager at Eazzy HoldingsHead of Media Production and Communication Manager at Eazzy Holdings
HERIK ZAMBRANOHERIK ZAMBRANO
Sales Agent at TranzactSales Agent at Tranzact
IBRAHIM KENNEDY PREMJIIBRAHIM KENNEDY PREMJI
Customer Service Officer at Diamond Leisure Golf and Beach ResortCustomer Service Officer at Diamond Leisure Golf and Beach Resort
Salim JumaSalim Juma
Fitness Instructor at QQ FitnessFitness Instructor at QQ Fitness