We're making Africa the first cashless continent.
In 2017, nearly 60% of adults 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 Compliance Officer for Cote d'Ivoire who’s resourceful, organized and proactive about getting things done. You'll be responsible to help 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 Cote d'Ivoire Compliance Lead.
In this role, you’ll be expected to:
- Review KYC / KYA / KYM for compliance;
- Analyze AML monitoring and sanction screening alerts triggered by our screening and monitoring tools;
- Conduct internal reviews periodically to ensure that compliance procedures are followed;
- Conduct the internal investigation of compliance issues, complaints and whistleblowing alerts from stakeholders;
- Participate in non-compliance risk assessments of products, services and activities;
- Ensure existence of effective regulatory watch with an up to date library of the applicable Legal & Regulatory texts;
- Conduct and respond to due diligence request from & to our partners;
- Prepare periodic and ad hoc compliance reports with regulatory agencies;
- Contribute to the implementation of the compliance program;
- Provide guidance, advice, and/or training and educational programs, to improve business' understanding of related laws and regulatory requirements;
- Investigate Suspicious Transactions Reports (STRs) to the Financial Intelligence Authority (CENTIF);
- Other duties may be assigned as the business may require.
- Proficiency in spoken and written French and English
- Minimum of 2 years in Compliance, Internal Audit, Internal Control et Risk functions
- Bachelor’s degree or above in Law, Compliance, Risk Management, Business & Economics, or other relevant disciplines
- Any reputable Compliance professional Certificate and relevant experience in mobile money, banking or other financial sectors would be an advantage
- This is a permanent position
- Location is primarily based in Abidjan
- Work authorization in Côte d’Ivoire 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.
- We have a continuously growing in-country team in Senegal, Cote D'Ivoire and Uganda, plus remote team members spread across the world. We're deeply passionate about our mission of bringing great financial services to the people who need them most.
- We foster autonomy for our employees. You'll learn to 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 Khosla Ventures, Founders Fund, Y Combinator, and the cofounders of PayPal.
How to apply
Fill out the form below, and upload a resume plus a cover letter 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.