Junior Associate, Risk and Compliance
Duplo
Legal Services
- Minimum Qualification :
- Experience Level : Mid level
- Experience Length : 3 years
Job Description/Requirements
Duplo is a Lagos-based fintech startup that enables businesses in Africa automate their spend management, simplify cross-border payments, and control business finances all on one platform.
We want to make B2B payments as simple as P2P payment apps. Most business payments in Africa are made offline….yikes. We are on a mission to transform this. We are backed by top investors including Tribe Capital, Commerce Ventures, Liquid2 Ventures, My Asia VC, Soma Capital, YCombinator, Oui Capital, and others.
This is a unique opportunity. You'll have the responsibility and resources to take a significant part in the creation of a paradigm-changing product that will impact millions.
The Risk and Compliance Associate will provide KYC-related compliance advisory support on matters involving the Global KYC Standards and local KYC requirements, including policy interpretations, and clarifications on customer due diligence, change requests, and manage correspondence with law enforcement agencies.
Key Responsibilities
- Verify customer identities and documentation during the onboarding process to prevent fraud and ensure regulatory compliance.
- Conduct enhanced due diligence for high-risk customers or accounts as required.
- Monitor changes in regulatory requirements and recommend updates to the KYC processes accordingly.
- Perform continuous transaction monitoring to identify unusual or suspicious activities
- Manage correspondence with Law Enforcement Agencies
- Liaise with account managers, back office and front staff with regards to accounts review and refresh
- Monitor incoming and outgoing transactions, identifying risks related to money laundering and terrorist financing.
- Contribute to the continuous improvement of internal processes related to regulatory compliance Collaborate with other departments to ensure operations adhere to internal compliance policies and external regulations.
Requirements
- Bachelor's degree in Business, Economics or a related field
- Minimum of 3 years of experience in a KYC, AML, or compliance-related role, preferably in a fintech or banking environment.
- Ability to think critically and resolve issues efficiently.
- Proficiency in Compliance Software, Microsoft Office and Google Suite Proficiency in Data Analysis
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