Risk and Compliance Manager job at Wave Mobile Money

Wave Mobile Money

Risk and Compliance Manager job Post

Location:  Jobs in Uganda 2021 - 2022

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: 26 November 2021

Hiring Organization: Wave Mobile Money

Job Details:

Our mission
We're making Africa the first cashless continent.
In 2017, over half the population in Sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In November 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. In 2019, we expanded to Cote d'Ivoire. Now, we have millions of users and are growing fast. Our goal is to make Africa the first cashless continent. And that's where you come in....

How you'll help us achieve it

We're looking for a Risk and Compliance Manager for Uganda who's resourceful, organized, and proactive about getting things done. You'll be responsible for helping protect the interests of Wave mobile money, its customers, agents, and the business from non-compliance and AML risk, while also ensuring that our services remain accessible and easy to use by the target users. The position will report to our Fraud Risk Lead.

Your regular tasks include:
• Reviewing KYC / KYA / KYM for compliance
• Analyzing AML monitoring and sanction screening alerts triggered by our screening and monitoring tools
• Conducting internal reviews periodically to ensure that compliance procedures are followed
• Conducting the internal investigation of compliance issues, complaints, and whistleblowing alerts from stakeholders
• Participating in non-compliance risk assessments of products, services, and activities
• Ensuring the existence of effective regulatory watch with an up to date library of the applicable Legal & Regulatory texts
• Conducting and responding to due diligence requests from & to our partners
• Preparing periodic and ad hoc compliance reports with regulatory agencies
• Contributing to the implementation of the compliance program
• Providing guidance, advice, and training, and educational programs to improve business' understanding of related laws and regulatory requirements
• Other duties as assigned that the business may require.

• Bachelor's degree or above in Law, Finance, Accounting, Risk Management, Business & Economics, or comparable fields
• 2+ years relevant experience in mobile money, banking, or other financial sectors
• At least two years in Compliance, Internal Audit, Internal Control et Risk functions
• Any reputable Compliance professional Certificate would be an advantage
• Proficiency in spoken and written English. Fluency in Luganda would be an advantage.

Key details
Location: You'll work from our office in Kampala, with occasional travel to field locations in Uganda.
This is a permanent position.
Country work authorization in Uganda is required.

You might be a good fit if you.

• Have good analytical, interpersonal, and communication skills.
• Are self-motivated and able to work under pressure.
• Have strong computer applications skills.
• Communicate effectively and often, both in writing and in-person, to the point of over-communication.
• Are detail-oriented and seek to achieve excellence in everything you do.
• Have participated as a team player in achieving key results.
• Are intellectually curious, creative in the way you go about tackling problems, and embrace failure as a means to spark innovation and growth.
• Are willing to go the distance to get something done.
• Adjust quickly to changing priorities and conditions.

Our team
• We have a rapidly growing in-country team in Senegal, Côte D'Ivoire, Mali and Uganda, plus remote team members spread across the world. We're deeply passionate about our mission of bringing radically affordable financial services to the people who need them most.
• We foster autonomy for our employees. You'll own your own projects at every stage, from understanding the problem to monitoring your solution in production.
• We're backed by world-class investors including Sequoia, Stripe, Founders Fund, Ribbit Capital, Y Combinator, and the cofounders of PayPal.

Application procedure

Fill out the form, and upload a resume plus a cover letter, both written in English, describing your interest in Wave and the role. We review applications on a rolling basis.
Wave is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Date Posted: 2021-11-15