Jobs at Flutterwave

The Role: 

• As an Associate, Sanctions & Watchlist Compliance, you will contribute towards ensuring compliance with applicable sanctions regulatory requirements.
• This role will ensure effective implementation of Flutterwave’s Sanctions Program in close coordination with the Global Chief Compliance Officer, inclusive of a robust control environment.
• The Sanctions & Watchlist Compliance Associate will be involved in all aspects of the screening and reporting processes, including list management, screening, and reporting

Responsibilities include, but are not limited to:

• Contribute towards the implementation of the strategies, policies, and design procedures for Flutterwave’s Sanctions Program.
• Manage the Watchlist (Sanctions, PEP, Adverse Media) Screening program globally.
• Ensure customers are screened and dispositioned against list updates in a timely manner.
• Ensure all products and services are effectively screened against watchlists and dispositioned in addition to providing a risk assessment and guidance when launching new products to ensure product compliance with screening requirements.
• Ensure any necessary sanctions-related reporting to regulators is filed in a timely manner in accordance with regulations.
• Provide strategic sanctions related advisory to the business.
• Escalate PEP and negative news related matches to relevant stakeholders for review and action.
• Monitor, evaluate, and report on the effectiveness of global and regional sanction compliance policy, procedures, processes, systems, and technologies, making recommendations for improvements and implementing necessary changes.
• Track various sanction and watchlist compliance monitoring metrics, key performance indicators, key risk indicators, and key control indicators to ensure consistent framework, standards, and risk tolerances are followed across regional jurisdictions.
• Facilitate consistency in screening across jurisdictions.
• Establish and maintain strong relationships with internal stakeholders with relevant subject matter expertise to stay updated on global and regional compliance regulations, best practices, and emerging trends.
• Collaborate with cross-functional teams, including Legal, Professional Services, Risk Management, and Operations, to drive Sanction Program initiatives, resolve issues, implement controls, and suggest enhancements.
• Ensure appropriate escalation of identified compliance issues to relevant stakeholders and senior management.

Minimum Requirements Required to be a Waver

• Bachelor’s degree in financial management or Investment Management, Business Management, Commerce, Commerce in Business Innovation and Entrepreneurship, or a related field. Advanced degree preferred.
• Minimum of three of experience in a leadership and oversight role over Sanction Compliance Programs, preferably in the payment industry.
• Knowledge of sanctions requirements globally.
• In-depth knowledge of risk-management principles and procedures.
• Excellent analytical, problem-solving, and decision-making abilities.
• Effective communication and presentation skills, with the ability to influence and collaborate with stakeholders
• Experience with sanctions and other name screening systems and technologies
• Experience in change management, such as list management governance.
• Ability to navigate complex regulatory environments and adapt to changing regulations.
• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) are highly desirable.

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The Role: 

• As Compliance Testing Manager will be responsible for leading and overseeing the Compliance Testing Program operations related to compliance functional areas such as data privacy, ABC, AML/CTF, Sanctions and consumer compliance.
• This role will report into the Compliance Senior Testing Manager.

Responsibilites include, but are not limited to: 

• Implement the company’s Compliance Testing Program strategies, policies, and design procedures for the entire compliance program remit (i.e., data privacy, Anti-Bribery and Corruption, Anti-Money Laundering (“AML”)/Counter-Terrorist Financing (“CTF”), Sanctions, consumer and regulatory compliance, etc.) to ensure compliance with company policy and regulatory requirements
• Assisting with developing and managing annual testing plan, ensuring a comprehensive plan that targets high-risk or new controls. Oversee the development of testing scripts that appropriately capture the effectiveness of controls being tested. Compliance Testing may also include testing adherence to and validation of action plans set forth by Compliance
• Lead and manage a team of Compliance Testing professionals, facilitating professional growth by providing guidance, training, and mentorship
• Ensure high-quality work in accordance with policy and procedures through clear direction, feedback, and training
• Maintain appropriate support and documentation of Compliance Testing processes and results
• Conduct regular quality control (“QC”) of your team’s work to ensure accuracy, completeness, and consistency in Compliance Testing documentation in accordance with Compliance Testing procedures
• Monitor, evaluate, and report on the effectiveness of Compliance Testing Program processes, systems, and technologies, making recommendations for improvements and implementing necessary changes
• Establish and maintain strong relationships with internal stakeholders with relevant subject matter expertise to stay updated on Compliance Testing regulations, best practices, and emerging trends
• Collaborate with cross-functional teams, including Professional Services, Risk Management, and Operations, to drive cooperation with Compliance Testing initiatives and socialization of results
• Assist with the preparation of reporting to leadership and other stakeholders on Compliance Testing operations, performance, and results, with emphasis on any repeat findings
• Ensure appropriate escalation of identified compliance issues to relevant stakeholders and senior management
• Collaborate with and seek guidance from Compliance Testing advisory counterparts in Compliance to understand the underlying purpose of company policy as well as any nuanced regional requirements
• Assist with recruiting, hiring, and training of qualified, competent Compliance Testing Team Leads and Analysts.

Required Qualifications to be a Waver:

• Bachelor's degree in Financial Management or Investment Management, Business Management, Commerce, Commerce in Business Innovation and Entrepreneurship, or a related field. Advanced degree preferred.
• Minimum of six (6) years of experience in Compliance Testing, quality assurance, internal audit or similar oversight of testing functions related to risk management and compliance preferably within the financial services industry.
• Strong understanding of the legal, corporate governance, and regulatory environment related to relevant compliance areas (i.e., data privacy, ABC, AML/CTF, Sanctions and consumer compliance).
• Experience with sampling methodologies and best practices.
• Proven track record of successfully managing and executing Compliance Testing plans, implementing best practices, and driving process improvements.
• Strong leadership skills with experience in managing and developing high-performing teams.
• Excellent analytical, problem-solving, and decision-making abilities.
• Effective communication and presentation skills, with the ability to influence and collaborate with stakeholders at all levels.
• Ability to navigate complex regulatory environments and adapt to changing regulations.
• Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) are highly desirable.