Deputy MLRO

Who we are

Moniepoint is Africa's all-in-one financial ecosystem, empowering businesses and their customers with seamless payment, banking, credit, and management tools. In 2023, we processed $182 billion and are Nigeria’s largest merchant acquirer.

About the role

As Deputy Money Laundering Reporting Officer (DMLRO), you will support and deputise for the Money Laundering Reporting Officer (MLRO) in serving as a focal point for Moniepoint’s anti-financial crime and anti-fraud activities to mitigate related risks and ensure compliance with financial crime and fraud regulations. 

This is a unique opportunity to: 

• Lead the design and implementation of the anti-financial crime and anti-fraud frameworks for a fast-growing fintech. 
• Support the safe and risk-based development of payments products that increase financial inclusion and participation in the UK and abroad. 
• Collaborate with innovative and ambitious product teams to build solutions that delight our customers whilst mitigating financial crime and fraud risks. 

We’re looking for a compliance professional who is a master of anti-financial crime and anti-fraud programmes. You’ll thrive in a fast-moving environment and demonstrate your ability to act quickly to identify and quantity risks, and advise partner teams on how best to mitigate them. You;ll also be able to deputise for the MLRO when required. 

Curious about what makes Moniepoint an incredible place to work? Check out posts on how we cultivate a culture of innovation, teamwork, and growth.

Key Responsibilities:

• Deputising for the MLRO: From time to time, you’ll deputise for the MLRO, providing strong oversight of financial crime and fraud operations, with an ability to make decisions and escalate, as appropriate. 
• Policy development and implementation: Taking the lead on designing, implementing and maintaining financial crime and fraud policy frameworks and programmes across the UK business and future expansions. 
• Governance and MI: Drafting key internal reports, such as the Annual MLRO report and enterprise-wide risk assessment, as well as regular MI and management committee meeting packs. 
• Oversight and assurance: Oversee 1LoD activities, providing effective challenge and assurance over financial crime and fraud controls. 
• Advisory: Collaborate with product teams to provide advice on financial crime compliance. 
• Horizon scanning and internal communication: Identifying new financial crime and fraud regulations, and overseeing change management activities to ensure compliance. 
• Training: Contribute to the development and delivery of training materials, and oversight of business-wide training completion. 
• Account and transaction reviews: Perform account and transaction deep dives to assess risks and recommend remedial actions. 
• Regulatory engagement: Support the organisation in engagement with regulators and authorities, including the FCA and NCA. 

Requirements

• 5+ years of relevant experience in financial crime and fraud compliance, ideally with Deputy MLRO experience. 
• Proven, hands-on experience of developing policies and implementing frameworks in anti-financial crime roles, ideally in the payments and e-money sector.
• In-depth knowledge of UK rules and regulations, particularly with respect to e-money institutions. Knowledge of risk management frameworks and control environments. 
• Ability to operate in a fast-moving environment, take decisions, and know when to escalate. 
• Strong problem-solving, communication and analytical skills. Ability to communicate complex financial crime requirements and risk implications to a variety of audiences. 
• Ability to effectively prioritise a complex and varied workload, with a strong eye for detail and precision in execution. 

What we can offer you

• Culture -We put our people first and prioritize the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.
• Learning - We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.
• Compensation - You’ll receive an attractive salary, monthly bonus, up to 10% pension matching, health insurance, and 25 days of leave

What to expect in the hiring process 

• A preliminary call with one of our recruiters. 
• A 60-minute interview with our Chief Compliance Officer and MLRO, who is the hiring manager for this role. 
• A 60-minute interview with our Director of Onboarding. 
• A 60-minute interview with our Head of Product (Onboarding).  
• A 45-minute interview with our CEO, UK.