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Compliance Lead and Money Laundering Reporting Officer (MLRO)

AZA FINANCE
Kampala, Uganda

Salary rangeConfidential | Contract type: Permanent

You have 24 days left to apply for this job.

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Job Summary

Job Summary
We’re looking for an experienced Financial Crime and AML expert, to bring our financial crime and AML operations up to speed. The right candidate should have a working knowledge of the remittance and payments landscapes and a passion for disruptive technology.
You will play a key role in shaping and delivering the company’s risk appetite, automation, operations and controls around fraud and AML. You will be working at the edge of financial services, helping to define and drive innovation at the interface between the digital services and conventional financial services.
While maintaining the customer experience and interests as a core objective, you will be responsible for setting high standards of legal and regulatory compliance, across all customer onboarding, transaction monitoring and investigations activities. You will seek to advance and protect the reputation of the firm and maintain a good knowledge of latest industry developments in applicable legal and regulatory requirements.
The role is reporting into the Chief Executive Officer, however, we’re looking for someone driven and willing to take full ownership of the task at hand. We aspire to lead the way in building a world-class compliance offering at the forefront of a technological revolution. If you think you’re up to the challenge we’d love to hear from you.


Responsibilities

Key responsibilities
  • Set-up of our FC/AML/KYC operation to ensure the business is compliant with current and prospective regulatory obligations.
  • Building comprehensive risk guidelines and defining our risk appetite.
  • Transaction monitoring, defining the scorecards for ongoing monitoring of fiat and digital transactions.
  • Identify and investigate potential fraud or financial crime risks
  • Chargeback and Dispute management
  • Setup and on-going review of SARs and SAR process.
  • Monitor effectiveness of card processor fraud & AML authorisation
  • Embed a comprehensive understanding of the Financial Crime risks associated with our business.
  • Design and enhance CDD and EDD processes to maintain high automation rates, fraud and AML scorecards for assessing and monitoring remittance portfolios
  • Create, implement and oversee policies and procedures for combating Financial Crime that are easy to understand and follow.
  • Ensure the business is compliant with relevant regulatory obligations and well positioned to deal with future changes in regulation
  • Working closely with all other departments, third parties such as our partner bank, law enforcement, other financial institutions and financial crime prevention bodies
  • Working closely with the Product Managers to build a consumer platform integrating a highly intuitive and user-friendly KYC/AML solution.
  • Maintain a good knowledge of industry best practice across all areas of onboarding and financial crime. Thought Leadership / Best practice.
  • Building strong relationships with third parties and institutions
  • Showing though leadership and visibility in crypto compliance space, attending events and acting as an ambassador on behalf of the company.
  • Working closely with the Operations Manager to ensure all staff are up to date with any needed compliance training.
  • Updating management team through weekly report.
  • Scaling the team and operations as the business grows.
  • Regulatory contact with the Bank of Uganda and other regulators.
Requirements
  • 5+ experience as MLRO or equivalent in a regulated company.
  • ACAMS qualification.
  • Experience in defining and implementing effective policies and procedures from scratch.
  • Helped establish or seen a compliance function established.
  • Understands the needs and dynamics of a start-up.
  • Experience communicating with senior internal and external stakeholders.
  • Strong ability to communicate both written and verbally.
  • Problem-solving and analytical skills.
  • Strong knowledge of current and prospective regulation that impacts our business.
  • Understanding of digital payments and remittances
  • Been through an authorization process.
  • Able to break down and articulate complex technical ideas.
  • Excellent ability managing projects and prioritizing effectively.
  • Proactive and accountable.
  • Possess acute attention to detail.
  • Passionate about disruption and changing the status quo.
  • Preference for finding automated solutions.
  • Product-minded and care about the customer journey/user experience.
Benefits
  • Competitive remuneration
  • Casual work environment
  • Great work-life balance
  • We value autonomy
  • Environmental-friendly (we try to use as less paper as possible!)
  • Opportunity for growth for all our employees
  • …and more!
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Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 5 years
Required languages: English (Spoken: fluent | Written: fluent)

Mandatory attachments

Please have a scan or photo of these documents ready when you start the application:

Self-prepared CV file - the employer wants to see a CV that you have prepared yourself
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24 days left to apply

AZA FINANCE

NAIROBI, KE
20-50 people
Banking, microfinance, insurance
Website

AZA is an established provider of currency trading solutions which accelerate global access to frontier markets through an innovative infrastructure. By leveraging cutting edge technology in our flagship products, TransferZero and BFX, AZA is able to significantly lower the cost and increase the speed of business payments to and from frontier markets. TransferZero is our B2B2C product, which provides both wholesale currency purchase and retail settlement via our robust API. BFX is our B2B over-the-counter platform for businesses with wholesale currency needs, especially those paying partners and suppliers. Our partners utilize our hybrid financial infrastructure and deep local knowledge to manage liquidity and send payments to dozens of bank networks and mobile money operators across Africa. Licensed by the UK's FCA and the Bank of Spain, AZA is a market-maker in every major African currency. Launched in Nairobi, AZA now has offices in Lagos, London, Luxembourg, Madrid, and Dakar.

Benefits included

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24 days left to apply