Senior AML Analyst (Remote) at LemFi (Formerly Lemonade Finance)

LemFi (YC S21) is building the neobank for African diaspora in North America & Europe. We provide our users with a multi-currency account that allows them to hold, send, and receive money from Africa in any currency for their business and personal banking needs. We are a fast-paced startup with entities in the UK, USA, Canada and Nigeria and you would be required to familiarize yourself with necessary statutory and regulatory requirements in these locations.

We are recruiting to fill the position below:

Job Title: Senior AML Analyst

Location: Nigeria (Remote)
Job type: Full-Time
Category: Compliance

Job Summary

• The role of Senior AML Analyst, reporting to the Customer Due Diligence (CDD) or Financial Crime Manager, is a fully remote entry-level position within LemFi’s global Compliance team. 
• In this role, you should have general knowledge of standard global AML/CFT compliance program requirements and best practices. 
• The ideal candidate should have a background of 2+ years in AML compliance operations involving know-your-customer (KYC) verification, simplified or enhanced due diligence (EDD), transaction monitoring, or adverse media and sanctions screenings.

Responsibilities

• Assist team leaders with compiling KPIs
• Act as a 1st level escalation point for Analysts
• Review and verify identification and other KYC documentation of individual and business customers at account onboarding;
• Perform first review of potential higher risk customers or customers/activity displaying or indicating red flags, and escalate accounts as necessary to the relevant compliance teams;
• Actively develop and maintain knowledge of AML and criminal trends, methods and typologies, and subsequently applying these to the assessment of customer identification, verification, and behavioral data to identify unusual activity;
• Develop and maintain standard operating procedures and other documentation as needed for CDD-related responsibilities;
• Engage in cross-functional responsibilities and assist the Chief Compliance Officer or CDD Team Lead where needed.
• Review and decision transaction monitoring alerts
• Review and decision sanction screening alerts
• Review and clear alerts triggered during the KYC verification process, including screenings for politically exposed persons (PEPs), negative news/adverse media, sanctions, and other suspicious activity or red flags;

Who you are

• You are a candidate who would thrive in a fintech startup environment like ours, where we readily accept individuals with a humble, yet uplifting attitude alongside a diligent sense of work ethic. 
• The teams here at LemFi are passionate about their work and expertise, but also lend hands on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

Requirements

• Four-year Degree or equivalent experience;
• 2+ years of experience in a compliance role at a fintech or financial institution;
• Familiarity and experience with daily operational compliance responsibilities such as KYC review, ID verification, EDD and various AML/fraud/sanctions alerts clearing and decisioning;
• Excellent analytical, investigative, verbal and written communication skills, particularly in English;
• Exceptional organizational skills and fine attention to detail;
• Ability to balance competing priorities on a daily basis, take ownership of work product in the absence of continuous guidance, and consistently deliver results;
• Adaptability to global operational needs and ability to work in a rapidly changing business and regulatory environment.
• The ability to act independently in analyzing a customer’s risk;
• Proficient in Microsoft Office Suite or Google Sheets;

Salary
N6,000,000 - N6,200,000 / Annum.

How to Apply
Interested and qualified candidates should:
Click here to apply

Note: This role will require occasional rotating weekend shifts