Compliance Associate at Fincra

Fincra is a payment infrastructure for fintechs, platforms and global businesses. Fincra provides payments solutions that enables businesses to accept payments securely, make payouts globally and scale your business across borders.

We are recruiting to fill the position below:

Job Title: Compliance Associate

Location: Lagos (Remote)
Job Type: Full-time

Role Overview

• This role is responsible for managing and maintaining all aspects of robust risk management in order to ensure a high level of compliance with global best practices along with developing and executing strategies, policies, and procedures for the management of FinTech operations and internal controls to optimize FinTech effectiveness.

What You Will Be Doing Every Day

• Develop internal controls adequate to Fincra’s evolving risk landscape
• Ensure key internal controls are defined, implemented, documented, assessed and monitored in front of material risks.
• Ensure operational compliance with all regulatory submissions and requirements for AML/CFT relating to Treasury business.
• Ensure an appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
• Provide the Compliance Lead and stakeholders with the relevant Internal Control methodological support for our core product.
• Operationalizing all FinTech compliance agendas/ relationships as well as helping ensure compliance to internal processes and policies, applicable laws and regulations.
• Managing and documentation of FinTech Policies, Processes and Procedures
• Develop adequate training material on the internal control objectives, approach and methodology
• Defining and implementing an effective fraud strategy to prevent, detect, investigate and report on all Fintech Frauds.
• Understand the financial risks faced by the FinTech as a business in order to ensure the definition of an appropriate risk management strategy
• Fully assist and cooperate in assessing & monitoring programs to determine organizational vulnerabilities.
• Deliver adequate and timely reporting on Internal Control framework and control deficiencies in line with requirements to ensure appropriate escalation and adequate action plans
• Comply with FinTech Risk & compliance reporting standards to ensure risk and performance information is standardized, aligned, and consistent with industry set standards and best practise.
• Perform ad-hoc duties as assigned by Compliance Lead.

Minimum Requirements

• Bachelor's Degree in Business and/or Numeracy course with additional professional qualifications in Accounting, Computer Science, and management sciences would be an advantage.
• Professional Certifications e.g. ACAMS, CFE, CIA, CFCS, GRCP(A), ICAN, and ACCA would be an added advantage.
• Minimum of 4+ years post-qualification experience in a fintech or Commercial bank.
• Well-proven experience in handling treasury risk assessment and control.
• Experience in risk governance and monitoring.
• Ability to transfer, tolerate or terminate risks on an enterprise level, especially in Products, Treasury, etc
• Ability to adapt and openness to learning new trends and skills
• Ability to align Fincra Group standards to international best practices and local regulatory environments
• Conflict management

Cultural Competencies (Company culture that we don’t negotiate with):

• Ownership, We are a team of individuals who are the CEO of their roles and are able to consistently make excellent decisions independently, even in the face of ambiguity or uncertainty. Our people have the creative freedom to design solutions to problems and the responsibility to execute the right results, expecting the same from your teammates. The company strives to provide overall direction and expectations for each team and role, however, we value people who are able to lead and drive initiatives on their own, in line with the direction.
• Excellence, For us to achieve our very lofty goals as a company, we need to be able to produce best-in-class results, even in the minutest of tasks. We are first-principle thinkers and we focus on solving problems from the root cause and not just the symptoms of the problem.
• People Skills, Our people are our greatest asset. They make up the company, and the culture and their behavior reflect our values. We immensely care about our people and we always make our best effort to see that our people love spending time with each other.
• Communication, We are a people that take feedback seriously and we don’t shy away from even the hard stuff.

Perks

• A chance to be an early member of a high-growth startup
• We pay competitively in the Nigerian market for the matched experience and role
• Amazing work culture and a company that truly cares about creating the best and most fun place to work
• We offer health insurance that includes dental, and optical & covers major surgeries.
• Interest-free staff loans upon confirmation
• We currently work fully remote
• Stock options for early employees.
• Annual Training budget.

Application Closing Date
Not Specified.