Summary
Overview
Work History
Education
Skills
Distinctionsandcertifications
References
Certification
Languages
Affiliations
References
Timeline
Generic

Vincent Hiram Masano

McKinney,TX

Summary

Excellent managerial skills in rural banking, commercial banking and fintech, mobile outreach, and team building; applicable experience in business management, risk monitoring and management, fraud detection, prevention and investigation, customer service, credit, financial advising, and demographic reporting and data privacy

Overview

1
1
Certification

Work History

COUNTRY COMPLIANCE MANAGER

Flutterwave
  • Developed, implemented and managed the compliance program
  • Collaborated with Expansion team to ensure appropriate licensing is in place for each project or product
  • Compiled and monitored regulatory universe for Malawi
  • Reviewed and aligned onboarding process to relevant regulations
  • Designated as the liaison compliance person with regulators.
  • Designated as the Data Protection Officer
  • Collaborated with legal counsel to ensure that operational activities are compliant with regulatory requirements.
  • Developed training materials for employees regarding compliance requirements.
  • Reviewed contracts for accuracy and ensured they meet corporate objectives while adhering to applicable law and regulation.
  • Participated in industry forums and conferences related to compliance topics.
  • Ensured effective communication of changes in regulations or policies throughout the organization.
  • Provided support in developing strategies for mitigating risks associated with non-compliance.
  • Monitored changes in relevant legislation and adjusted operations accordingly.
  • Conducted internal audits to identify areas of non-compliance and recommend corrective actions.
  • Designed systems to track compliance performance metrics across the organization.
  • Provided guidance on complex regulatory issues to senior management and other departments.

COMPLIANCE AND AML MANAGER

MyBucks Banking Corporation (Now Centenary Bank)
  • Managed a team of 22 across the bank
  • Conducted reviews to ensure compliance to set guidelines and procedures by Reserve Bank of Malawi and the Malawi Government, and internal policies and procedures
  • Ensuring adherence to Anti Money Laundering regulations
  • Set up, trained and reviewed Anti Money Laundering controls and internal guidelines to ensure adherence to Anti Money Laundering regulations
  • Conducted daily transaction monitoring
  • Received and verified suspicious transactions and Large Currency Transaction Reports and submitted to Financial Intelligence Authority
  • Weekly and monthly monitoring of risk appetite breaches
  • Weekly and monthly monitoring of regulatory breaches
  • Review of call reports before submission to Reserve Bank of Malawi
  • Completion and submission of AML reports to Reserve Bank of Malawi and Financial Intelligence Authority
  • Prepared and Submitted Compliance and AML reports to the Board
  • Conducted AML risk assessment for the Bank
  • Conducted departmental and branch compliance checks.

AUDIT OFFICER

Opportunity Bank, head office
  • Conducted Fraud investigation
  • Advised projects team on new products and services.
  • Conducted internal audits of company operations to identify potential risks and areas of improvement
  • Performed follow-up reviews to ensure implementation of agreed upon corrective action plans.
  • Assisted management in implementing corrective actions based on audit findings.

RISK OFFICER

Opportunity Bank, head office
  • Ensured implementation of all aspects of the bank’s risk management frameworks
  • Reviewed Self-Assessment Tools (SAT) to ensure risks are properly identified, measured, controlled and monitored
  • Tested all new products and delivery channels in line with the standing guidelines prior to launching to customers
  • Oversaw the revision, preparation and dissemination of new and updated policy changes and procedures
  • Reported weekly and monthly risks affecting the bank and effectiveness of the controls
  • Ensured adherence of AML processes and procedures by the bank
  • Ensured bank preparedness and continuity in case of emergency and business disruptions.

PROJECTS TEAM, MEMBER

Opportunity Bank, Head office
  • Oversaw development, testing and implementation of new systems and channels i.e
  • T24 R10, Enterprise open sky (EOS), UTBIO, UTID, ATM and POS
  • Advised management through projects team on anticipated risks and controls for the new systems and channels.

RELATIONSHIP OFFICER

Opportunity Bank Malawi
  • Recruited loan clients
  • Grew, monitored and maintained a quality loan portfolio
  • Managed a portfolio of a range of loan products ie IMC, SME, AGRIC, PAYROLL and PTB loans
  • Maintained low PAR.

CUSTOMER CONSULTANT TEAM LEADER

Opportunity Bank Malawi
  • Supervised a team of 5 OBM customer consultants in their delivery of excellent customer service
  • Travelled 4 times a week to surrounding rural villages to implement OBM banking services such as loans, deposits, withdrawals, general inquiries, financial advising
  • Strengthened capacity by linking these services with two local faith-based organizations, Tubepoka Development Initiative(TDI) and Maranatha, to increase village accessibility to OBM resources
  • Collaborated with traditional leaders and NGO representatives to promote economic empowerment in Chitipa
  • Oversaw a growth in customer base from just over 1,000 to 4,000 in the rural communities
  • Appointed as deputy supervisor for OBM Chitipa to manage 9 staff members
  • Compiled quarterly reports that highlighted the number of TDI beneficiaries accessing OBM’s savings, loan and advisory services; served as liaison between OBM and TDI
  • Responsible for the handling of cash withdrawals, scrutinizing cash and check deposits, and processing fixed deposits including liquidations, early maturations, and roll-overs
  • Mediated Malswitch transactions such as issuing, replacing, and loading ATM cards
  • Oversaw ATM duties, customer inquiries, and the opening of accounts for new customers
  • Compiled and prepared check reports for clearing and reconciliation.

Education

Bachelor of Business Administration, strategic management -

Columbia Commonwealth University

PAEC/ACCA Joint Scheme Foundation -

Malawi College of Accountancy

Skills

  • Document reviews
  • Investigative skills
  • Risk Analysis
  • Conducting investigations
  • Regulatory compliance oversight
  • Audit oversight
  • Information Gathering
  • Audits management
  • Risk reviews
  • Training development
  • Regulatory Standards
  • Information Security
  • Risk Assessment
  • Anti-Money Laundering
  • Compliance Reporting
  • Multitasking
  • Teamwork and Collaboration

Distinctionsandcertifications

  • Secretary for Academic Affairs, ShareWold Open University
  • Business Law; Distinction, PAEC / ACCA Foundation
  • Quantitative Methods; Distinction, Association of Business Executives, Shareworld Open University
  • Associate Member; Association of Business Executives
  • Effective Selling and Customer Service; Fletcher and Evans, Opportunity Bank Malawi
  • Fraud Detection and Prevention CFE
  • AML / CTF training RBM & KPMG South Africa

References

  • Khwima Longwe, Audit Manager, Goal Malawi, 0999271728
  • Emmanuel Kaombe, Statistics Officer, Reserve Bank of Malawi, 0999478980
  • Sam Kamkosi, Chief Operating Officer, Centenary Bank Limited, 0888860727
  • Chifundo Ngoma, Senior Operations Manager, Centenary Bank Limited, 0995509480
  • Lennie Nkhonjera, Head of Human Resources and Administration, Centenary Bank Limited, 0888827183

Certification

Certified Anti – Money Laundering Specialist

Association of Certified Anti – Money Laundering Specialists (ACAMS) - October 2022

Certified Compliance Professional in Africa

Association of Certified Compliance Professionals in Africa (ACCPA) - February 2017

Languages

English
Professional

Affiliations

  • Member of the Lions Club of Capital City in Lilongwe, Malawi

References

References available upon request.

Timeline

COUNTRY COMPLIANCE MANAGER

Flutterwave

COMPLIANCE AND AML MANAGER

MyBucks Banking Corporation (Now Centenary Bank)

AUDIT OFFICER

Opportunity Bank, head office

RISK OFFICER

Opportunity Bank, head office

PROJECTS TEAM, MEMBER

Opportunity Bank, Head office

RELATIONSHIP OFFICER

Opportunity Bank Malawi

CUSTOMER CONSULTANT TEAM LEADER

Opportunity Bank Malawi

Bachelor of Business Administration, strategic management -

Columbia Commonwealth University

PAEC/ACCA Joint Scheme Foundation -

Malawi College of Accountancy

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Vincent Hiram Masano