South Africa Compliance Manager / Money Laundering Reporting Officer at Chipper Cash

What You Will Be Doing

Your role will assist in the process of developing and managing the compliance risk framework for Chipper Operations in South Africa in line with our global policies, as well as local regulatory  requirements. You will implement  and maintain appropriate licensing and meeting all reporting obligations to relevant governmental authorities.  You will work with staff reporting to the CCO and approved third party vendors to promote an appropriate risk-based approach. 

Your position will be dynamic as you oversee the work of the Risk and Compliance for all operations in South Africa, including in connection with our global teams including our  Investigators (Tier III), the AML Compliance Analysts (Tier II),  and Due Diligence Analysts (Tier I). Responsibilities include, but are not limited to the following as regards to South Africa:

• Develop, implement, and coordinate Chipper’s risk and  compliance frameworks for South Africa in consistency with Chipper’s strategic plans; 
• Review applicable legislation and regulatory requirements and advise LRC leadership on existing requirements and any changes thereto to  ensure that Chipper consistently complies with these compliance requirements; 
• Develop and monitor appropriate internal policies, processes, and  controls for Chipper in respect of key legal, regulatory, and ethical obligations; 
• Develop and implement appropriate risk assessment frameworks  to be used as a guide in identifying, eliminating, and mitigating risks  facing Chipper’s operations; 
• Identify potential areas of compliance vulnerability and risk and  develop/implement corrective action plans for resolution of  problematic issues while also providing general guidance on avoiding or  resolving similar future concerns; 
• Recommend and contribute to the improvement of the internal controls and operational environment based on the risk reviews within the  context of Chipper’s products while considering the overall business  environment and trends; 
• Oversee all compliance anti-money laundering and prevention of financing of  terrorism protocols, know- your-customer (KYC) and related policies for  Chipper’s products and liaising with appropriate regulatory authorities in  this regard under the supervision of the Global CCO. 
• Provide regular reports to keep the CCO informed of the operation and  progress of compliance activities;
• Conduct staff trainings; both at an introductory and continuous basis to all employees, to ensure a cogent understanding of new and existing compliance issues and related policies and procedures in respect of  Chipper’s business; 
• Actively contribute towards Chipper’s firm-building initiatives and  development of talented individuals by creating an environment for the  full development of the potential of Chipper personnel; 
• Travel as necessary and when required by Chipper during the execution of the  Employee’s duties; 
• Coordinate strategic and operational initiatives as the in-country MLRO as outlined in Chipper’s AML Program and risk  management, procedures, and guidance. 
• Carry out all licensing maintenance and reporting obligations, including, without limitation, preparing and filing all suspicious activity or equivalent reports;
• Any other duty or task that Chipper and its management may determine  from time to time

What You Should Have 

• You possess a minimum of 5+ years of experience in financial services related  role(s), with experience in several financial crimes underlying disciplines  (AML/CFT, sanctions, fraud, investigations, transaction monitoring, client due  diligence, agent due diligence). Candidates with less financial services  experience may be considered if in a relevant discipline. 
• You have a minimum of bachelor’s degree, advanced degree preferred, and  if you also have certification(s) from professional bodies relevant to the financial  services sector that’s a plus. 
• You have demonstrated subject matter expertise (mobile banking/mobile  payments/prepaid/ internet payments). 
• Knowledge of AML/CFT, sanctions, and fraud laws, rules, regulations, risks, and  typologies. 
• Supervisory experience in an investigative, financial crimes unit, or related  control area. 
• You gained experience operating effectively across globally dispersed teams. 
• You have demonstrated experience to independently manage, organize and  prioritize multiple tasks, projects, responsibilities, and competing priorities for  yourself and the team. 
• You possess excellent written, verbal English communication and analytical  skills, with the ability to articulate ideas to a diverse audience. 
• It is a plus if you have experience liaising with regulators and internal audit staff,  such as examinations, audit and reviews, document production, and issue  responses. 
• You possess excellent written, verbal English communication and analytical skills,  with the ability to articulate ideas to a diverse audience. 
• Be a self-driven, self-starter. We’re a dedicated, hardworking team collectively motivated by our mission and vision. 
• Have a global mindset. We have a team that represents  10+ countries, and our global footprint of customers will continue to grow.