Financial Security lead
Our mission
We`re making Africa the primary cashless continent.
In 2017, over 1/2 of the populace in Sub-Saharan Africa had no financial institution account. That`s for correct reason—the costs are too high, the nearest department may be miles away, and no person takes cards. Without get admission to to monetary institutions, human beings are compelled to maintain their financial savings beneathneath the mattress. Small commercial enterprise proprietors depend on creditors who rate extortionate rates. Parents spend hours ready in line to pay college costs in coins.
We`re fixing this via way of means of constructing monetary offerings that simply work: no account costs, right away available, and familiar everywhere. In locations wherein electricity, water and roads don`t usually work, you may nevertheless ship cash with Wave. In 2017, we released a cell app in Senegal for coins deposit, withdrawal, and peer-to-peer and commercial enterprise payments. Now, we’ve hundreds of thousands of customers throughout six international locations and are developing fast.
Our purpose is to make Africa the primary cashless continent and that`s wherein you return back in…..
How you’ll help us achieve it
As the Financial Security Lead, you’ll be an quintessential compliance crew member tasked with safeguarding the pastimes of Wave Mobile Money, its customers, agents, and commercial enterprise operations.
Your number one duty can be to mitigate dangers related to non-compliance and anti-cash laundering (AML). Additionally, you’ll make certain that our offerings continue to be each available and user-pleasant for our goal audience.
This role will document at once to the Compliance Operations Lead.
In this role, you’ll be predicted to manipulate the three following subjects :
General Compliance
- Ensure compliance with inner Financial Security tactics with the aid of using all running entities.
- Ensure the powerful making plans and implementation of economic protection controls and take part withinside the evaluation in their results.
- Participate in non-compliance hazard checks of products, services, and activities.
- Assist withinside the drafting of periodic and advert hoc compliance reviews to regulatory agencies.
- Contribute to the implementation of the compliance program.
Anti-Money Laundering / Terrorist Financing :
- Assess the effectiveness of the structures in place, become aware of any weaknesses, endorse any measures to be taken to enhance them, and reveal the implementation of corrective measures.
- Investigate Suspicious Transactions and put up when-wished Reports (STRs) to the Financial Intelligence Authority (CENTIF).
- Supervise AML/CFT analysts withinside the overall performance in their duties.
- Constantly making sure that the AML/CFT gadget deployed complies with the regulatory necessities in pressure and rising risks.
- Support in verifying, centralizing, and coordinating facts regarding sensitive, suspicious, or dubious transactions detected with the aid of using the analysts.
- Participate withinside the follow-up of audits/investigations finished with the aid of using the supervisory our bodies and administrations concerned, in addition to drafting solutions to their questions for the duration of inspections.
- Participate in AML/CFT monitoring (new bureaucracy and strategies of fraud / Money laundering, viable approach of prevention, etc.) in compliance with local and worldwide requirements and regulations.
- Ensuring the improvement and implementation of a manipulate baseline for transactions that can be connected to cash laundering and suspicious transactions, and imposing motion plans.
Financial embargoes :
- Ensures the accuracy and updating of lists of sanctions and embargoes and their integration into the screening tool.
- Ensuring the compliance of Wave entities with embargo restrictions.
- Centralize measures taken in the application of embargo restrictions.
- Other duties may be assigned as the business may require.
Key details
- Location: You`ll paintings from our workplace in Dakar and can journey to subject locations.
- Work authorization in Senegal is required.
- This is a everlasting position.
- Our salaries are aggressive and calculated the use of a obvious formula. We run overall performance critiques two times a 12 months and award bonuses to sturdy performers who’ve been with the agency for extra than 6 months.
- We provide beneficiant medical health insurance for your self and your dependents.
- We guide running parents – we provide 26 weeks of parental depart for moms and four weeks for fathers, further to backed baby care after they go back to paintings.
- Airtime reimbursement.
- Free meals and a stunning workplace space.
Requirements
- Are talented in spoken and written French and English.
- Have no less than 2 years in Compliance, Internal Audit, Internal Control, and Risk capabilities and 3+ years of enjoy in operations.
- Have sturdy skillability in records evaluation and the functionality to interpret complicated datasets to become aware of trends, draw actionable insights, and guide records-pushed decision-making.
- Experience in managing, coaching, and mentoring a high-appearing team.
- Bachelor`s diploma or above in Law, Compliance, Risk Management, Business & Economics, or different applicable disciplines.
- Any official Compliance expert Certificate and applicable enjoy in cell money, banking, or different monetary sectors might be an advantage.
You might be a good fit if you
- Have desirable analytical, interpersonal, and verbal exchange skills.
- Are self-prompted and capable of paintings beneathneath pressure.
- Have robust pc software skills.
- Communicate efficiently and often, each in writing and in person, to the factor of over-verbal exchange.
- Are detail-orientated and are trying to find to obtain excellence in the whole lot you do.
- Have participated as a group participant in attaining key results.
- Anticipation, decision-making, and verbal exchange skills.
- Are intellectually curious, innovative withinside the manner you cross approximately tackling problems, and embody failure as a method to spark innovation and growth.
- Are inclined to head the gap to get some thing done.
- Adjust fast to converting priorities and conditions.
Our team
- We have a unexpectedly developing in-united states group in Senegal, Côte d`Ivoire, Mali, Burkina Faso, The Gambia, and Uganda, plus far off group participants unfold throughout the world.
- We`re deeply captivated with our project of bringing extensively low priced monetary offerings to the folks that want them most.
- We foster autonomy for our employees. You`ll personal your tasks at each stage, from knowledge the trouble to tracking your answer in production.
- We raised the biggest Series A in Africa in 2021. Our world-elegance investors, encompass Founders Fund, Sequoia Heritage, Stripe, Ribbit Capital, Y Combinator, and Partech Africa.
- In 2023, we had been on Y Combinator`s pinnacle 50 agencies through revenue.
How to apply
- Fill out the form below, and upload a resume in English and a cover letter describing your interest in Wave and the role.
- We review applications frequently and recommend that you apply to the role that most closely aligns with your skills, experience and career goals.
- Wave is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
