Junior Due Diligence Analyst at MFS Africa

MFS Africa is the leading digital payments platform in Africa, enabling low-cost payments across the continent. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant payment services to African consumers and businesses. MFS Africa connects over 320 million mobile money users across Africa through its platform, which enables cross-border payment for mobile money networks, banks, money transfer operators, and large corporates.

As a fintech company, we strive towards elegance and simplicity in everything we do. Our mission is to make borders matter less, and our values are to simplify, care, and be revolutionary. We pride ourselves on world-class operations and a distributed team. Our offices include Abidjan, Accra, Johannesburg, Kampala, Lagos, London, Nairobi, and Port-Louis, and many employees work remotely from locations where we do not have offices. We are regulated by the FSC in Mauritius, BoG in Ghana, BoT in Tanzania, and FCA in the UK.

The MFS Africa team has doubled in the past year and continues to grow rapidly. Our people are talented, curious, and the reason our company does exceptional things. Excellence in nurturing our people and their passions is foundational to our success as a business.

We are recruiting to fill the position below:

Job Title: Junior Due Diligence Analyst

Location: Lagos, Nigeria
Employment Type: Probationary

The Role

• We are looking for a Junior Partner Due Diligence Analyst to be part of the Group Due Diligence shared services function and team.
• The role will form part of the Group Due Diligence function in the company’s Operations division; and will look to form part of the Group’s expansion and onboarding functions at a strategic level.
• The Junior Analyst will be required to ensure our company adheres to legal standards and in-house policies.
• You will be responsible for performing CDD (Customer Due Diligence) and Know-Your-Customer (KYC) reviews on low and medium risk Partners.
• We are looking for a person with entry level KYC, compliance and risk background who is comfortable operating in a fast-paced environment and meeting strict deadlines. This position is based in Lagos, Nigeria and reports to the Manager, Group Diligence Operations.

Duties and Responsibilities

• Review CDD for onboarding low and medium risk corporate customers (the “Partners”) across the Group’s multiple markets.
• Research adverse media for potential Partners and stakeholders utilizing the public domain and approved third-party databases.
• Calculate Partner risk rating and update due diligence partner database.
• Escalate high risk customers to management and obtain approval as per established policies and procedures.
• Engage with existing Partners on continuous reviews of CDD information.
• Adhere to CDD recordkeeping and reporting processes by updating partner CDD database with the most recent partner information.
• Generally, uphold the company’s values.

Qualifications and Experience

• Bachelor's Degree, Diploma or equivalent in Law, Finance, Business Administration or related field.
• 0-1 year relevant experience in KYC, risk and compliance operations.

Skills and Competencies:

• Strong verbal and written communication skills, with the ability to articulate one’s views in a clear and concise manner.
• Superb analytical skills; can organize and analyse complex data sets.
• Effectively manage relationships with multiple stakeholders (internal and external).
• Comfortable working in a complex, ambiguous and highly pressured environment.
• High propensity towards execution.
• Passionate about consistency and delivery high quality work.

Application Closing Date
Not Specified.