Compliance Officer

Job description

 

Based in the Ria African head office in Dakar (Senegal) and reporting to the Head of Compliance EMEA & SA, the main mission of the role is to give support to the On Boarding process and supervise the activity of African Global Agents activity.
For that purpose, the Compliance Officer will review the contracts signed with banking and non-banking partners, make regular visits to the locations to conduct audits and Compliance reviews, and in general, ensure the whole operation complies with local regulations and Ria standards.
These are some of the tasks assigned to this position:
· Participate in the on boarding of New Correspondents (pay-out service) and Global Agents (pay-in and pay-out service):
- review contracts from a Compliance perspective and ensure compliance with local regulations and Ria standards
- perform Know Your Customer visits of new partners
- conduct due diligence research over available internal systems, the internet and external data bases
· Liaise with Head Offices to communicate all changes in African regulations and advise on processes to implement in order to protect the operation in Africa.
· Perform Annual Know Your Customer Review of existing banking partners and third Party Locations with the help of a junior compliance analyst
· Review and approve the Expansion of Existing Corporate Agents in Africa
· Keep updated of all new regulations, Correspondents’ and Global Agents changes in their systems, new implementations, etc.
· Attend meetings organized by Regulators representing the firm from Compliance Perform Monthly Reviews

• Manage a team of 2 Compliance assistants who give support to the EMEA operation

• Bachelor's Degree, preferably in Law or similar
• Master Degreein Compliance will b very appreciated. If not, the candidate should have a first significant experience in Compliance/AML & TF in a financial institution
• Excellent communications skills in English and French both oral and written.
• Knowledge of African language will be very helpful
• PC literate (PowerPoint and Excel).https://www.linkedin.com/jobs/view/258847598/

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