Nominated Officer/Compliance Officer

This is a full-time, on-site role that involves ensuring compliance with anti-money laundering and counter-terrorist financing regulations and laws, conducting independent audits, and providing training to staff on regulatory compliance and internal processes.

Positive Purpose Finance Ltd (PPF) is a financial institution that provides loans to small businesses, offers insurance premium financing for motor and general insurance, personal loans for employed individuals, and payday loans. We are committed to serving our community and helping individuals and businesses achieve their financial goals.

• Oversee and ensure the implementation of AML/CFT compliance programmes;
• Provide guidance to the staff of the institution on the identification of suspicious transactions, bearing in mind any advisories or guidance issued by the Financial Investigations Division (FID);
• Report to the FID all activities/transactions as required under the relevant statutes and the BOJ Guidance Notes;
• Act as liaison between the institution and the BOJ and law enforcement;
• Ensure that the institution conducts risk assessments and oversees those risk assessments to ensure that appropriate risk profiles are assigned and appropriate mechanisms are implemented – assessments are to be kept up-to-date and relevant;
• Advise management and employees of proposed or pending regulatory changes;
• Report to the Board (or other such governing body) and senior management at least once a year, or more frequently if warranted, of the ML and TF risks faced by the institution, and the effectiveness of the institution’s AML/CFT framework;
• Prepare and update policies and procedures and ensure that these policies and procedures are disseminated to the Board, management and staff; and
• Develop training material, including responding to directives to apply targeted financial sanctions notified by the United Nations Security Council.