Enhanced Due Diligence and Transaction Monitoring Associate at Flutterwave

Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient border-less manner.

We are recruiting to fill the position below:

Job Title: Enhanced Due Diligence and Transaction Monitoring Associate

Location: Lekki, Lagos
Employment Type: Full-time

The Role

• Flutterwave is looking for Transaction Monitoring Associates.
• This role will primarily be responsible for monitoring and analyzing transactions from a risk-based approach to identify suspicious activities/transactions

What Your Day-to-Day Activities Will Be Like

• Ensure all assigned scenarios are reviewed, treated and closed daily
• All identified suspicious transactions and activities should be treated as outlined in the Transaction Monitoring Standard Operating Procedure (SOP)
• Maintain an accurate schedule of all SARs/STRs filed with the NFIU
• Implement transaction monitoring rules across all products/services to ensure prompt detection, analysis and reporting of suspicious transactions/activities
• Conduct due diligence on Merchants and ensure the KYC documents are in place in line with the guidelines provided in the AML/CFT, KYC and Sanctions policies and frameworks of the organization
• Identify process/procedure gaps and recommend solutions to fill the gaps
• Automate manual processes for efficiency and productivity
• Prepare adhoc, weekly, monthly, quarterly, half year and year end reports highlighting key AML/CFT risks with corresponding mitigants
• Good understanding of the funds flow and features of all products and services
• Track, manage and (resolve) respond to internal customer queries
• Escalate complicated tickets as appropriate
• Follow up with internal customers where necessary
• Recommend product/ service improvements
• Ensure attendance of all scheduled trainings and meetings.
• Ensure all administered tests after each training is taken.

Required Competency and Skillset to be a waver

• Bachelors degree or equivalent experience required
• Knowledge in AML domain with preferably 3 years minimum work experience in compliance
• Exceptional attention to detail, very good written and verbal communication skills
• Solid analytical skills with experience conducting research and creating reports
• Excellent PC proficiency, including MS Office applications
• Strong work ethics and able to work in a fast-paced environment
• Must be able to multi-task and keep calm under pressure
• Excellent, proven organisational skills
• The flexibility to work outside normal office hours as may be required from time-to-time

Application Closing Date
Not Specified.