Edwin Mwombeki
Dar es Salaam
Summary
Highly experienced Due Diligence and Financial Crime Compliance professional with over 10 years’ experience in regulated banking environments. Proven expertise in KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions screening, AML/CFT risk assessment, and compliance file validation. Strong analytical mindset with a track record of identifying red flags, escalating risks, and safeguarding institutions against regulatory, financial, and reputational threats. Experienced in supporting business teams while maintaining strict regulatory compliance and ethical standards
Overview
19
19
years of professional experience
3
3
years of post-secondary education
Work history
Independent Compliance Consultant
Self Employment
Dar es Salaam, Tanzania
01.2025 - Current
- Providing consultancy services to financial institutions and regulated entities on compliance due diligence system enhancements.
- Reviewing, designing, and strengthening KYC, CDD, and EDD frameworks in line with regulatory expectations.
- Enhancing sanctions screening and AML/CFT control systems through risk-based approaches.
- Conducting compliance gap analyses and recommending system, process, and control improvements.
- Supporting implementation of enhanced due diligence tools, workflows, and governance controls.
- Advising senior stakeholders on regulatory compliance, financial crime risks, and due diligence best practices.
Specialist – Financial Crime Controls
NMB Bank Plc
Dar es Salaam, Dar es Salaam Region
01.2014 - 12.2024
- Conducted comprehensive KYC, CDD, and EDD assessments for customers, correspondent banks, financial institutions, vendors, senior staff, and Board members.
- Performed deep-dive due diligence by verifying identity, ownership structures, business legitimacy, operational existence, and financial risk indicators using internal systems, regulatory sources, and open-source intelligence.
- Reviewed and validated compliance and KYC files to ensure completeness, accuracy, version control, and adherence to internal policies and regulatory requirements.
- Identified, documented, and escalated red flags, sanctions hits, reputational risks, and suspicious indicators to Compliance Management and the MLRO in line with governance frameworks.
- Performed sanctions screening aligned with international frameworks including US (OFAC), EU, UK HMT, and UN sanctions regimes, interpreting screening results with analytical precision.
- Prepared detailed due diligence and risk assessment reports, including risk categorization, recommendations, and escalation outcomes for senior management and regulators.
- Maintained KYC records and monitoring trackers, ensuring timely reviews, renewals, and ongoing risk assessments of high-risk counterparties.
- Provided compliance advisory support to business and sales teams, clarifying onboarding requirements, KYC documentation standards, and regulatory implications.
- Monitored local and global regulatory developments in AML, CFT, sanctions, and financial crime, recommending updates to internal controls and procedures.
- Participated in internal audits, regulatory inspections, and compliance testing exercises, ensuring readiness and adherence to supervisory expectations.
- Collaborated with Legal, Operations, Procurement, Finance, and Forensic teams on cross-functional due diligence and entity vetting.
- Designed and delivered training programs on KYC, due diligence, AML/CFT risks, sanctions, and transaction monitoring tools. Ensured confidentiality, accuracy, ethical judgment, and accountability in all compliance and due diligence activities.
Operations Officer – Remittance Unit
NMB Bank Plc
Dar es Salaam, Dar es Salaam Region
11.2010 - 12.2013
- Verified and processed SWIFT messages, fund transfers, and payment instructions in compliance with AML and KYC requirements.
- Conducted customer and transaction reviews to detect suspicious activity and ensure regulatory compliance.
- Maintained accurate records of customer data and transaction documentation.
- Supported audits and regulatory inspections related to remittance operations and AML controls.
- Provided training and guidance to staff on remittance processes and compliance standards.
- Developed and maintained relationships with partner financial institutions facilitating smoother transactions.
- Coordinated processing of international and domestic remittances enhancing service efficiency.
Operations Officer – Operations & Control Unit
NMB Bank Plc
Dar es Salaam, Dar es Salaam Region
11.2009 - 10.2010
- Performed daily reconciliation and control checks across cash, ATM, and mobile banking channels.
- Investigated discrepancies, documented findings, and escalated issues according to internal controls procedures.
- Prepared compliance and reconciliation reports for management review
- Streamlined operational processes by implementing effective control measures to enhance efficiency.
- Managed daily operations by coordinating tasks across departments to ensure seamless workflow.
- Facilitated communication between teams to resolve operational issues and enhance collaboration.
Operations Executive – Operations & Logistics
Emirates Shipping Line - Tanzania
Dar es Salaam, Dar es Salaam Region
07.2006 - 10.2009
- Conducted operational due diligence on logistics processes, vendors, and service providers.
- Verified documentation, reconciled shipments, and ensured compliance with operational procedures.
- Coordinated with international stakeholders to ensure accurate documentation and risk mitigation.
- Oversaw daily operations and logistics to ensure efficient supply chain processes.
- Coordinated with shipping partners to optimise transport schedules and reduce delays.
- Managed inventory control procedures to maintain accurate stock levels and minimise discrepancies.
- Implemented process improvements to streamline workflows and increase operational efficiency.
Education
Bachelor of Arts - Political Science & Public Administration
University of Dar es Salaam
Dar es Salaam, Tanzania 10.2003 - 06.2006
Skills
- High ethical standards and integrity
- Strong analytical and problem-solving skills
- Accountability for accuracy and compliance decisions
- Ability to explain complex compliance issues clearly Adaptable to evolving regulations and risk environments
- Calm under pressure
- Communication skills
- Team building
Languages
English
Fluent
Swahili
Native
Affiliations
- Football
Accomplishments
- Awarded Outstanding Team Player – Compliance Department (2020)
- Contributed to the establishment of the Transaction Monitoring Unit
- Led initiatives that significantly reduced fraud and socio-engineering risks
- Supported implementation and enhancement of financial crime monitoring systems
Custom
- Know Your Customer (KYC) Customer & Enhanced Due Diligence (CDD / EDD)
- Sanctions Screening (US, EU, UK, UN) AML / CFT
- Compliance Counterparty Risk Assessment
- Compliance File Review & Validation
- Red Flag Identification & Escalation
- Regulatory Monitoring & Gap Analysis
- Internal Audits & Regulatory Inspections
- Cross-Functional Stakeholder Support
- Compliance Training & Awareness
References
Available upon request.
Timeline
Independent Compliance Consultant
Self Employment
01.2025 - Current
Specialist – Financial Crime Controls
NMB Bank Plc
01.2014 - 12.2024
Operations Officer – Remittance Unit
NMB Bank Plc
11.2010 - 12.2013
Operations Officer – Operations & Control Unit
NMB Bank Plc
11.2009 - 10.2010
Operations Executive – Operations & Logistics
Emirates Shipping Line - Tanzania
07.2006 - 10.2009
Bachelor of Arts - Political Science & Public Administration
University of Dar es Salaam
10.2003 - 06.2006