Compliance Officer / MLRO- Senegal - remote job

dLocal is hiring a Compliance Officer / MLRO- Senegal. The role sits in Other jobs and is fully remote. The company hires candidates based in Europe.

The employer did not publish a figure; that is settled at interview. The advert sets no condition on working hours.

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Why Join dLocal?

dLocal is the financial backbone driving global commerce in rapidly expanding markets worldwide. Major companies rely on us to open doors to 60+ countries in emerging markets, navigating complex financial landscapes. We're not just about payment processing; we shape payment ecosystems and support our clients' international growth. Our team of over 1,300 members from 40+ countries tackles global challenges from the start.

The Role

We're seeking a Compliance Officer for our office in Senegal. This position is open to the entire country and is vital for our banking partnerships, local regulatory compliance, and internal reporting. You'll serve as the key compliance liaison for WAEMU/BCEAO matters.

Key Responsibilities

Customer Due Diligence

- Lead the Know Your Customer (KYC) onboarding for new and existing clients across Senegal. - Ensure compliance with local and international KYC and verification requirements, including BCEAO and CENTIF guidelines.

Transaction Monitoring

- Develop and enhance transaction monitoring tools to spot and report suspicious activities in the Senegalese context. - Regularly review and evaluate transaction monitoring systems to ensure their effectiveness.

Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Compliance

- Be the primary contact for AML/CFT issues in Senegal. - Deeply understand AML/CFT regulations in Senegal, including WAEMU directives and BCEAO instructions. - Create and enforce AML/CFT policies and procedures specific to Senegal's regulatory environment.

Regulatory Compliance

- Stay informed about the regulatory landscape in Senegal and the WAEMU/ECOWAS region. - Interpret and communicate regulatory changes, especially AML/CFT updates, to internal stakeholders. - Build and maintain strong relationships with Senegalese regulators, such as the BCEAO, Ministry of Finance, CENTIF, and ARTP.

Remittance Compliance

- Design and implement compliance measures for domestic and cross-border remittances, including major corridors like West Africa-Europe and ECOWAS transfers. - Ensure adherence to remittance service regulations in the Senegalese market, particularly focusing on diaspora and family remittances.

Risk Management

- Conduct periodic risk assessments to identify and mitigate compliance risks in Senegal and WAEMU. - Work with other departments to implement risk mitigation strategies.

Reporting

- Prepare and present compliance reports on AML/CFT matters to various stakeholders in a clear and concise manner. - Submit timely and accurate reports to internal and external stakeholders, as required by Senegalese regulations, including suspicious activity reports to CENTIF and BCEAO.

Training and Awareness

- Educate staff on compliance policies, procedures, and regulatory requirements, with a focus on AML/CFT in the Senegalese market. - Promote a culture of compliance awareness within the organization.

Required Qualifications

Education & Certifications

- A bachelor's degree or higher in Law, Finance, Economics, or a related field; a degree from a Senegalese or WAEMU institution is a plus. - Must hold professional certifications like CAMS, ACAMS, ICA, or an equivalent recognized in Francophone Africa.

Experience

- 4-6 years of experience in a compliance role within the banking, fintech, or financial services sector, preferably in the WAEMU/ECOWAS region. - Experience in compliance related to payments, remittances, and mobile financial services. - Practical experience in building or implementing compliance systems, such as workflows, alerts, and reporting tools. - Proven track record of engaging with Senegalese regulators and maintaining positive working relationships.

Technical Knowledge

- In-depth understanding of KYC processes, transaction monitoring, and AML/CFT regulations in Senegal and the WAEMU zone. - Familiarity with payment service regulatory frameworks in Senegal, including BCEAO regulations for electronic money institutions. - Insight into the dynamics of international remittance corridors into West Africa.

Soft Skills

- Robust analytical and problem-solving abilities. - Exceptional interpersonal skills and capability to thrive in a multicultural, international setting. - Fluency in French is essential; proficiency in English is a significant asset; knowledge of Wolof or another local language is beneficial. - Capacity to collaborate effectively with global teams in a remote-first environment.

Compensation

Benefits

Beyond the tailored benefits we offer for each country, dLocal supports your growth and excellence by providing: - Flexible work arrangements: We emphasize results and productivity over fixed hours, allowing for flexible schedules and occasional in-person collaboration at our hubs. - Dynamic fintech environment: Engage in a fast-paced, creative industry. - Referral bonus program: Recommend a suitable candidate and receive a reward. - Work From Anywhere: Enjoy the freedom to work while traveling for up to 3 months a year.

Next Steps

Our Talent Acquisition team ensures a seamless candidate experience. After your application, we will review your CV and keep you informed via email at every stage of the process.

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