AML Compliance Officer & MLRO

Yellow Card · Senegal · posted today ago

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About this role

Who We Are

Yellow Card is the largest licensed Stablecoin-based infrastructure provider operating across over 60 countries. From Stablecoin payment infrastructure to fiat settlement rails, wallet services, and custom local Stablecoin issuance, Yellow Card provides the complete infrastructure businesses need to manage Stablecoins, payments, and operations across 50 emerging markets.

Yellow Card operates with a substantial global team spanning 24 countries. This workforce is characterized by its linguistic diversity, with collective speaking of over 25 languages, underscoring the company’s extensive international reach.

About the Role

This position is responsible for ensuring Yellow Card's adherence to all Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), Combating Proliferation Financing (CPF), Know Your Customer (KYC), and digital asset regulatory requirements in Senegal. The AML Compliance Officer & MLRO, Senegal (Responsable de la Conformité LBC/FT/FP) will work closely with the Senior AML Compliance Officer, West, Central & East Africa, reporting suspicious activities to relevant Senegalese authorities, in particular the national Financial Intelligence Unit (Cellule Nationale de Traitement des Informations Financières, or CENTIF), and maintaining robust compliance frameworks specific to digital assets and fintech regulations. This role ensures Yellow Card maintains its regulatory licenses, protects its reputation, and safeguards against financial crime risks in the fast-evolving digital asset space.

What You'll Do;

Oversee the implementation of Yellow Card's Group Compliance, AML/CFT/CPF, and KYC policies in Senegal, ensuring consistency with local regulatory requirements, including Senegal's AML/CFT/CPF law (Law No. 2024-08 of 14 February 2024, which transposes WAEMU Directive No. 01/2023/CM/UEMOA) and applicable instructions of the Central Bank of West African States (BCEAO).
Establish, maintain, and regularly update compliance frameworks and internal policies to ensure adherence with applicable digital asset, fintech, and financial services regulations in Senegal.
Monitor and assess compliance risks related to stablecoin transactions, blockchain operations, and digital payment infrastructure services specific to Senegal.
Support Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) undertaken by the Client Risk & Due Diligence (CRDD) team on customers in accordance with Senegalese AML/CFT/CPF laws and digital asset regulatory guidelines, including source of funds and UBO verification.
Manage Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs), including Déclarations d'Opérations Suspectes (DOS) filed with CENTIF, and analyze complex transactions, irregular blockchain activities, and potential money laundering indicators specific to digital asset transactions.
Liaise with Senegalese regulatory authorities (including the BCEAO and the WAEMU Banking Commission), law enforcement and judicial bodies (including the Pool Judiciaire Financier, the Police Nationale, and the Gendarmerie Nationale), and the national Financial Intelligence Unit (CENTIF) on compliance and AML matters.
Handle and respond to requests from Senegalese regulatory authorities, law enforcement agencies, CENTIF, and the BCEAO in accordance with regulatory timelines.
Stay abreast of regulatory developments, policy changes, and industry best practices in digital asset regulation, stablecoin licensing, and evolving AML/CFT/CPF requirements in Senegal and the WAEMU zone.
Conduct ongoing compliance and risk assessments of Yellow Card's operations, transaction monitoring systems, and digital asset handling procedures in Senegal.
Design, implement, and maintain transaction monitoring systems and controls to detect and report suspicious patterns in stablecoin transactions and digital payment flows.
Represent Yellow Card in regulatory meetings, technical stakeholder forums, and industry compliance initiatives in Senegal.
Develop and deliver mandatory AML/CFT/CPF, KYC, and digital asset compliance training to all staff, ensuring adequate knowledge of Senegalese regulatory obligations and company policies.
Prepare comprehensive compliance documentation, including Suspicious Activity Reports, regulatory returns, and compliance certifications as required by CENTIF, the BCEAO, and other Senegalese national and WAEMU supranational authorities.
Report to the Senior AML Compliance Officer, West, Central & East Africa on a weekly basis, with quarterly regulatory reports to relevant Senegalese authorities as required by those authorities.
Conduct periodic compliance audits, control testing, and prepare audit reports for internal and external auditors.
Perform any additional tasks related to compliance, risk management, and regulatory matters as assigned by the Senior AML Compliance Officer, West, Central & East Africa.

What We Are Looking For;

Education and Certifications

Bachelor's degree in Law, Finance, Accounting, Business Management, or related field (Licence en Droit, BComm, or equivalent).
Professional certification in AML/CFT is required: either ACAMS (Certified Anti-Money Laundering Specialist), ICA (International Compliance Association), or equivalent recognized AML certification.
Blockchain Certification (Chainalysis Reactor and KYT) is desirable.

Experience

Minimum 4 years of experience in a compliance, AML, or risk management role within a regulated financial institution, fintech company, or digital asset platform.
Demonstrated experience with AML/CFT compliance, transaction monitoring, KYC procedures, and SAR/STR handling.
Prior experience in stablecoin, digital asset, or fintech compliance is highly advantageous.
Experience working with regulatory authorities in Senegal, such as CENTIF, the BCEAO, and the WAEMU Banking Commission, is required.
Familiarity with transaction monitoring software, AML/CFT platforms, and compliance case management systems.
Experience serving as an MLRO or equivalent regulatory reporting officer is preferred.

Core Competencies

Strong analytical and critical thinking skills with the ability to assess complex financial transactions and identify suspicious patterns.
Fluency in both French (preferred native language) and English is required.
Excellent written and verbal communication skills.
Proficiency in MS Office Suite (Word, Excel, PowerPoint) and familiarity with AML/compliance software platforms; developing familiarity with AI tools to enhance productivity.
Strong attention to detail with the ability to manage multiple compliance priorities and meet tight regulatory deadlines.
Ability to work effectively under pressure and manage complex, sensitive regulatory matters with discretion.
Exceptional integrity, honesty, and strong ethical values; ability to maintain independence in regulatory matters.
Collaborative approach with the ability to work across departments and engage effectively with senior management and regulatory officials.
Knowledge of blockchain technology, stablecoin operations, and digital asset settlement processes is highly valued.

Reporting Line, Location, etc.

Reports to Senior AML Compliance Officer, West, Central & East Africa
Must be based in Senegal (remote work environment)
Full-time position

What We Offer

Compensation & Benefits: We offer competitive compensation and meaningful health coverage, and all full-time employees are participants in our stock option plan.
Learning & Development: Access to resources, support, and autonomy to grow professionally.
Remote-First Flexibility: We embrace a fully remote work environment.
Mental Health Support Services: Your mental well-being matters to us.
Global & Diverse Team: You will have the opportunity to work with talented professionals from 24+ countries across the world, in a multicultural and collaborative environment.
Global Impact: You’ll be part of a team shaping the future of global FinTech and stablecoin accessibility.