Compliance Officer
MFS Africa, Ghana
Job Description
MFS Africa is the leading digital payments hub 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 unbanked people. MFS Africa connects over 320 million mobile money users across sub-Saharan Africa through its platform the MFS Hub. As a B2B company, we enable cross-border payment for mobile money operators, banks, money transfer operators, large corporate and a growing number of SMEs. Our recent partnership with Visa will soon allow us to connect the MFS Hub to Visa.net, effectively connecting African consumers and businesses to the global digital economy. As a technology fintech company, we strive to automate everything we do and run world-class back-office operations spread between Johannesburg, Port-Louis, Accra and soon Nairobi. We also have a compliance team in Johannesburg, London and Port-Louis and are regulated by the FSC in Mauritius and the FCA in the UK.
The Role
As a member of the Risk and Compliance team, the Compliance Officer will provide support in financial crime compliance matters, with a particular focus on Anti-Money Laundering. You will be responsible for managing and maintaining the organization’s obligations as it relates to the supervision and reporting of money laundering activities.
This includes designing, evaluating, supporting, and influencing a culture of compliance throughout the organization, as well as assisting in the management and execution of an efficient compliance monitoring program. This position will be based in Accra, Ghana.
The duties and responsibilities of the role will be as follows:
- Assist in the development of compliance initiatives and programs to comply with the respective legal, licensing, and regulatory obligations
- Manage the day-to-day compliance activities relating to MFS Africa Ghana and the regulated services it operates
- Fulfill the duties of the Compliance Officer and MLRO functions
- Be the primary point of contact for Ghana Compliance/AML supervisory authorities
- Provide advisory guidance and support for business in Ghana
- Handle the management and execution of second line monitoring and assessment program for Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF)
- Improve and maintain AML/CTF policies and procedures
- Manage detailed and prompt investigation of all AML/CTF incidents and cases
- Provide relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports that have been conducted
Requirements
Skills and Competencies
- Team player who can work autonomously in a highly demanding and often ambiguous environment
- Exceptional analytical and investigative skills
- Strong project management skills
- Ability to adapt to working in a fast-paced environment
- Excellent verbal and written communication skills
- Exceptional presentation skills
- Strong organization skills and attention to detail
- Proficient in Microsoft Office Suite (Word, Excel, Project, PowerPoint)
- Ability to organize and analyze complex data sets
- Ability to easily grasp and comprehend AML risks specific to a particular business unit and develop extensive user requirements as well as recommend automated solutions to reduce those risks
Qualifications and Experience
- Relevant Degree or diploma in Business, Law, Auditing, or a related field
- Certification such as e.g. ICA (International Compliance Association), or CAMS (Certified Anti-Money Laundering Specialist)
- 3 years’ experience in Compliance, Analytics, Fraud, Money Laundering and Combatting Financing of Terrorism Surveillance
- Experience in developing and implementing compliance programs
- Experience in auditing is an added advantage
Benefits
- We are highly innovative and were ranked by Fast Company as one of the most innovative companies in the world
- We work at the very cutting edge of fintech in Africa
- We solve relevant problems for Africa and the world, and are building the MFS Africa Hub into a payment infrastructure designed to transcend generations
- We have a very diverse work environment with over 30+ nationalities represented and continually strive to build a culture of caring and execution