Compliance Operations Analyst at Kuda Bank

Kuda is a full-service digital bank with an app. Our goal is to become the go-to bank not only for Africans residing on the continent but also for the African diaspora living anywhere in the world. Kuda is free of obscene banking fees and excels at assisting consumers with budgeting, spending wisely, and saving more. We concluded a Series A investment round in February 2021, led by some of the world’s best venture capital investors, after raising the largest seed round ever seen in Africa. Kuda is swiftly becoming known as the premier ‘Neobank’ for Africans, with offices in London (our headquarters), Lagos, and Cape Town, and more offices opening around Africa in 2021.

We are actively seeking bright, talented, and ambitious people that are inspired by our objective to help us grow into a company that can make a big difference in how people across Africa receive access to outstanding financial products and services in order to take control of their own money. Please get in touch with us if this sounds like a terrific way to spend your valuable time.

We’re recruiting to fill the position below:

Job Title: Compliance Operations Analyst
Location: Lagos, Nigeria
Job Type: Full time
Department: Compliance

Job Description

  • We’re searching for a Compliance Operations Analyst to help with administrative aspects of the compliance program’s execution.
  • You should be familiar with risk management and our industry’s requirements to thrive in this position. We’d want to meet you if you’re also a savvy businessperson.
  • Your mission will be to ensure that we operate legally and ethically while achieving our commercial goals.

Responsibilities

  • Liaise with law enforcement agencies, such as the EFCC and the Police, regarding all requests received relating to Kuda’s customers.
  • Identifying, investigating, and reporting transactions to the appropriate regulatory authorities in compliance with the policies and procedures
  • Conduct periodic inspections of the client onboarding systems and procedures to ensure that the customer verification and identification standards outlined in Kuda’s AML/CFT policies are adhered to at all times.
  • Review existing customers’ KYC records on a regular basis for completeness and validity, ensuring that files and risk assessments are current and up to date and that due diligence criteria are followed.
  • Review transaction monitoring alerts in accordance with established protocols to determine if there is a possible suspicious transaction. When there are reasonable grounds for suspicion or a need for guidance in connection with an alert, escalate according to the protocols.
  • Sensitize relevant members of staff about AML/CFT red flags and how they can report suspicions to the Compliance team.
  • Perform regulatory risk management activities, review operational processes, design and enforce compliance strategies, and review operational procedures.
  • On a variety of cross-functional challenges, collaborate closely with the Legal, Fraud, IT Control, and Internal Control/Audit teams.
  • Other related responsibilities as requested or assigned from time to time.

Requirements

  • B.Sc/B.A Degree in Finance, Business Administration, or a related field
  • Proven experience in the Financial Services Industry (a minimum of one year)
  • basic knowledge of banking regulations and controls.
  • Familiarity with industry practices and professional standards
  • Excellent communication skills.
  • Attention to detail
  • Fast learner and adaptable.

Benefits

Why should you join Kuda?
Join the dynamic and ambitious team at Kuda Bank as we seek to become the neobank for ‘every African on the planet,’ and become a part of one of the challenger banking industry’s trailblazers.

  • An exciting and flexible work environment
  • Competitive pay
  • Smart and kind coworkers
  • Full pension contribution
  • Reliable health insurance.

Application Closing Date
Not Specified.

How to Apply

Candidates that are interested and qualified should:

Click here to apply online

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