Compliance Officer/ Money Laundering Officer - South Africa

Africa is on the cusp of an economic revolution. While Internet- and banking-penetration have come late to Africa, a youth-driven tidal wave of change is sweeping across the continent. As a result, both global businesses and local champions are in a race to unlock its potential.      

In partnership with Rapyd, the fastest growing Fintech-as-a-Service platform and Multichoice, the largest entertainment platform on the African continent, we are building the payments platform that is capable of meeting the ambitions of the next generation. 

This is truly the Moment for Africa.

We are looking for a dynamic, impactful Compliance Officer/ Money laundering Reporting officer ( CO/MLRO)_Southern Africa to help scale a world class startup across 50 countries in Africa with key focus on our Southern Africa operations.

The CO/MLRO is responsible for Moment’s compliance with AML obligations and overseeing the day to day compliance activities. To develop effective and proportionate prevention procedures that allow Moment to comply with AML obligations. Develop and monitor the business’ risk assessments and ensure compliance across the region. 

RESPONSIBILITIES 

• Implement standards and procedures to ensure that the compliance programs throughout the region are effective and efficient in identifying, preventing, detecting, and correcting noncompliance with applicable laws, regulations and internal policies
• Monitor and operationalize the day-to-day implementation of the Moment compliance program within the region
• Complete AML transaction monitoring and making appropriate recommendations where necessary
• Prepare and submit SARs in accordance with applicable regulations as well as receive, review and maintain a record of internal SARs  
• Prepare and submit applicable compliance AML reports to the relevant agencies
• Act as the regulator and LEA contact/liaison point for the region as well as handle LEA, regulatory and Counterparty enquiries. 
• Submit monthly/quarterly/annual reports on all regional compliance activities to the CCO
• Assist the CCO in driving a culture of Compliance in the region 
• Assist the CCO in preparation for internal and external compliance audits
• Independent testing, monitoring and analysis to ensure compliance with relevant regulatory and internal standards

• At least 7 years in compliance and 3+ years in a comparable role in payments, financials services, or a related industry    
• Strong knowledge of AML/CFT/CPF regulations, rules and guidance as well as up to date understanding of the region
• Bachelor’s Degree required in a relevant discipline, such as Law, Economics, Forensic Accounting, Risk Management, Finance, etc. 
• Experience in a fast-paced tech environment 
• Lives in or authorized to work in South Africa
• Relevant professional certification is a plus
• Experience in Risk management is a plus

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