About Airtel Africa

At Airtel Africa, we act with passion, energy, and a can-do attitude. Innovation with an entrepreneurial spirit drives us. We champion diversity, anticipate, adapt, and deliver solutions that enrich the lives of the communities we serve. By choosing Airtel, you choose to be part of a winning team with a brilliant opportunity to build a career in your field of expertise across our operating companies in Africa.

Airtel Africa is an equal opportunity employer and remains fully committed to diversity and inclusion in the workplace.

Key Responsibilities

1. Risk Matrix & Control Framework

• Develop the Airtel Money Risk Management and Compliance Framework and coordinate its implementation across the function, including cross-functional dependencies.
• Develop and implement effective internal control processes, procedures, and systems to minimize operational risk.
• Perform gap analysis for all Risk Assurance and Fraud Management (RAFM) processes and controls.

2. License Acquisition & Compliance

• Support Regulatory, Business Development, and Finance teams with leadership and expertise in acquiring appropriate new licenses when required.
• Cascade standards and guidelines across the organization for acceptable M-Commerce license terms, conditions, and obligations.

Manage all M-Commerce operating licenses to ensure:

• All obligations (rollout, universal service, reporting) are fulfilled throughout the license lifecycle.
• No financial penalties are levied due to non-compliance.
• Performance positions the business favorably when licenses are up for renewal.

3. Control Environment & Systems

• Champion the effective use of risk management systems detailing end-to-end business risks.
• Implement the RAFM Compliance Monitoring System.
• Review and address system-generated and manual Anti-Money Laundering (AML) alerts.
• Assist in managing, driving, and supporting AML system initiatives.

4. Audit Interface & Issue Closure

• Conduct periodic reviews and audits to ensure compliance procedures are followed.
• Ensure closure of statutory and internal audit issues by implementing agreed audit recommendations.

5. Anti-Money Laundering (AML) & Regulatory Compliance

• Analyze and identify possible money laundering activities reported by the operating company and partner banks.
• Ensure full compliance with Bank of Tanzania (BoT), Financial Intelligence Unit (FIU), and other local regulatory requirements.
• Develop, implement, and maintain policies for AML/CFT, KYC, data protection, consumer protection, and fraud prevention.
• Act as the primary liaison with regulators, ensuring transparent engagement, timely submissions, and smooth examinations.
• Implement robust transaction monitoring, suspicious activity reporting (SAR/STR), and escalation procedures.

6. AML Training & Knowledge Sharing

• Provide training and awareness programs across the business on compliance, AML, Countering Financing of Terrorism (CFT), fraud awareness, and data protection.
• Respond to internal AML and compliance inquiries.

7. Regulatory Engagement & Reporting

• Enforce a culture of timely and accurate regulatory reporting.
• Provide comprehensive reports to the Group Risk & Compliance team and the Audit & Risk Committee.
• Coordinate regulatory engagements, inspections, workshops, and related initiatives.

8. New Products & Governance

• Ensure strict adherence to Group Finance directives regarding Revenue Generating Events.
• Lead the Risk & Compliance Committee within Airtel Money Tanzania.
• Ensure effective embedding of group compliance policies into operations and adapt them to local regulatory requirements.
• Oversee internal policy reviews, licensing updates, and compliance gap measurements.

9. Fraud Management System & Reporting

• Investigate suspicious transactions and file Suspicious Activity Reports (SARs) as required.
• Deliver accurate and timely compliance and fraud management reports.

Candidate Requirements & Qualifications

Educational Qualifications

Bachelor’s Degree: Degree in Finance, Economics, Accounting, IT, or a related field.

Master’s Degree: Master's degree (preferably an MBA) is preferred.

Professional Certifications: ACA / ACCA / CPA and CISA are Required. CFE qualification is desirable.

Working Experience

Total Experience: Minimum of 8 years of overall experience.

Specialized Experience: At least 5 years in internal audit within a Financial Institution.

• Develop the Airtel Money Risk Management and Compliance Framework and coordinate its implementation across the function, including cross-functional dependencies.
• Develop and implement effective internal control processes, procedures, and systems to minimize operational risk.
• Perform gap analysis for all Risk Assurance and Fraud Management (RAFM) processes and controls.
• Support Regulatory, Business Development, and Finance teams with leadership and expertise in acquiring appropriate new licenses when required.
• Cascade standards and guidelines across the organization for acceptable M-Commerce license terms, conditions, and obligations.
• Manage all M-Commerce operating licenses to ensure: All obligations (rollout, universal service, reporting) are fulfilled throughout the license lifecycle. No financial penalties are levied due to non-compliance. Performance positions the business favorably when licenses are up for renewal.
• Champion the effective use of risk management systems detailing end-to-end business risks.
• Implement the RAFM Compliance Monitoring System.
• Review and address system-generated and manual Anti-Money Laundering (AML) alerts.
• Assist in managing, driving, and supporting AML system initiatives.
• Conduct periodic reviews and audits to ensure compliance procedures are followed.
• Ensure closure of statutory and internal audit issues by implementing agreed audit recommendations.
• Analyze and identify possible money laundering activities reported by the operating company and partner banks.
• Ensure full compliance with Bank of Tanzania (BoT), Financial Intelligence Unit (FIU), and other local regulatory requirements.
• Develop, implement, and maintain policies for AML/CFT, KYC, data protection, consumer protection, and fraud prevention.
• Act as the primary liaison with regulators, ensuring transparent engagement, timely submissions, and smooth examinations.
• Implement robust transaction monitoring, suspicious activity reporting (SAR/STR), and escalation procedures.
• Provide training and awareness programs across the business on compliance, AML, Countering Financing of Terrorism (CFT), fraud awareness, and data protection.
• Respond to internal AML and compliance inquiries.
• Enforce a culture of timely and accurate regulatory reporting.
• Provide comprehensive reports to the Group Risk & Compliance team and the Audit & Risk Committee.
• Coordinate regulatory engagements, inspections, workshops, and related initiatives.
• Ensure strict adherence to Group Finance directives regarding Revenue Generating Events.
• Lead the Risk & Compliance Committee within Airtel Money Tanzania.
• Ensure effective embedding of group compliance policies into operations and adapt them to local regulatory requirements.
• Oversee internal policy reviews, licensing updates, and compliance gap measurements.
• Investigate suspicious transactions and file Suspicious Activity Reports (SARs) as required.
• Deliver accurate and timely compliance and fraud management reports.

• Risk Management
• Compliance
• Internal Control
• Fraud Management
• License Acquisition
• Regulatory Compliance
• Anti-Money Laundering (AML)
• KYC
• Data Protection
• Consumer Protection
• Transaction Monitoring
• Suspicious Activity Reporting (SAR/STR)
• Audit
• Policy Development
• Training
• Reporting

• Bachelor’s Degree in Finance, Economics, Accounting, IT, or a related field.
• Master's degree (preferably an MBA) is preferred.
• ACA / ACCA / CPA and CISA are Required.
• CFE qualification is desirable.