Senior Analyst, Compliance at Growth Boosters - 2 Openings

Growth Boosters is a pioneering financial technology company dedicated to connecting SMEs in need of funds with private micro investors seeking attractive returns. Our platform facilitates efficient and transparent fundraising opportunities, empowering both businesses and investors to achieve their financial goals. The launch team will play a crucial part in introducing our innovative fintech solution to the market, acquiring early adopters, and establishing strategic partnerships.

We are recruiting to fill the position below:

Job Title: Senior Analyst, Compliance

Locations: Yaba - Lagos and Dugbe, Ibadan, Oyo
Employment Type: Full-time

Overview

• We are looking for a detail-oriented Senior Compliance Analyst to join the launch team of our innovative fintech startup, poised to revolutionize the credit industry.
• This role is critical in ensuring our operations adhere to regulatory requirements and industry best practices. The ideal candidate will have a strong understanding of KYC (Know Your Customer) processes, compliance management, and legal documentation preparation within the financial services or fintech sector.
• Join us in revolutionizing the way businesses access funding while ensuring regulatory compliance and investor protection. If you are passionate about compliance, have a keen eye for detail, and thrive in a fast-paced startup environment, we encourage you to apply for this exciting opportunity to shape the future of fintech.

Responsibilities
KYC Monitoring:

• Oversee and monitor the automated KYC processes for all investors, ensuring compliance with regulatory requirements.
• Conduct periodic reviews and updates of KYC procedures to align with industry standards and mitigate risk.
• Investigate and resolve any discrepancies or issues related to investor identification and verification.
• Compliance Management
• Stay abreast of regulatory changes and updates relevant to crowdfunding platforms and financial services.
• Develop and implement compliance policies and procedures to ensure adherence to legal and regulatory requirements.
• Conduct regular audits and assessments to evaluate the effectiveness of compliance controls and measures.
• Legal Documentation
• Support the seamless onboarding process of approved businesses onto our platform, ensuring compliance with platform guidelines and procedures.
• Prepare, review, and maintain legal documents including investor agreements, terms of service, and privacy policies.
• Collaborate with legal counsel to ensure all documentation complies with applicable laws and regulations.
• Assist in negotiating and finalizing agreements with investors and business partners, ensuring legal clarity and protection.
• Risk Assessment and Management
• Assess potential risks associated with investor onboarding, transactions, and data privacy.
• Develop and implement risk mitigation strategies to safeguard the company’s interests and reputation.
• Monitor and report on key compliance metrics and indicators to senior management.
• Develop and implement risk assessment frameworks and strategies to mitigate credit risks associated with business credit profiles.
• Monitor payment plans and financial performance of funded businesses to ensure adherence to agreed-upon terms and conditions.
• Identify early warning signs of potential defaults and develop proactive measures to minimize risk exposure.
• Reporting and Documentation
• Draft periodic reports as required by regulation
• Prepare comprehensive credit appraisal reports and documentation for decision-making purposes.
• Maintain accurate records of credit assessments, transaction monitoring activities, and compliance-related documentation.
• Generate regular reports on credit portfolio performance, payment status, and key metrics for senior management and stakeholders.

Qualifications

• Bachelor’s Degree in Law, Business Administration, Finance, or a related field; advanced degree or certifications (e.g., CAMS, CFE) preferred.
• 7 years work experience.
• Proven experience in compliance, regulatory affairs, or legal operations within the fintech, financial services, or crowdfunding industry.
• Deep understanding of KYC processes, AML (Anti-Money Laundering) regulations, and data protection laws.
• Strong analytical skills with the ability to interpret complex regulatory requirements and translate them into actionable policies.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
• Detail-oriented mindset with strong organizational skills and the ability to manage multiple priorities.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health insurance
• Flexible work environment and remote work options.
• Professional development opportunities

Application Closing Date
23rd August, 2024.