Head of Compliance

FairMoney is building the leading mobile bank for emerging markets.

They started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

So far they disbursed over 1,000,000 microloans and give more than 7000 loans daily. They are backed by top notch US/EU investors and have raised 15m EUR + Venture Capital supporting our stellar growth. They are a team of +100 between Paris and Lagos in Engineering (Android, Data, Backend), Product, Marketing, Customer Service and Operations and they won’t rest before the FairMoney app is in the hand of millions.

Their values

• Start with the client 📊
• Own, don’t rent 💥
• Scientist mindset 👩‍🔬
• Churn 9-5 🎯
• Fly High - Fly Low 🙌
• 70/30 ⚡
• Direct Feedback 🤝

Your role will be to ensure that FairMoney is compliant with all local laws and regulation while on its journey to create the first mobile bank for emerging markets.

You will work on :

Compliance:

• Ensuring compliance with local law and regulations for all products regarding KYC/AML requirements,
• Ensuring compliance with others 3rd party regulations
• Working with product teams to provide clear recommendations for the do’s and dont’s in building and maintaining our lending and banking products.

Regulatory/Legal:

• Managing licensing processes for the firm,
• Managing other legal matters for the firm in the wider sense as long as falling under compliance,
• Advising the business on any anticipated legal and compliance risks when entering into business arrangements with partners, suppliers, agents and customers.

• You have at least 10 years cumulative legal/ compliance experience,
• You have a significative experience working in fintech (preferably in the lending sector),
• You have experience working in private practice in the financial services segment,
• You have experience working with KYC/AML requirements in Nigeria,
• You have experience working with regulators, especially CBN,
• You have legal experience in drafting and managing contracts.
• Qualified to practice in Nigeria is required
  (LLM is a plus)

1. Phone screening with Titi, HR & TA Manager
2. Case study assessment
3. Technical interview