Job Description
Role: Regional Compliance MLRO - Botswana, SADC (Remote | Full Time)About usWe are the largest and first licensed on/off-ramp platform for stablecoins in Africa. We are dedicated to offering innovative solutions in the African stablecoin space. We are committed to making stablecoins accessible and understandable for everyone, providing our customers with secure and user-friendly platforms for their financial transactions. The Money Laundering Reporting Officer (MLRO) will be responsible for performing the role of a nominated officer under the Money Laundering Regulations (“MLRs”) for the Yellow Card Group, receiving internal suspicious activity reports (“SARs”) and submitting SARs to the FIU or applicable reporting agency.
In addition to Financial Crime, this role will be responsible for the AML, Sanctions, Anti Bribery & Corruption (“ABC”), and Business Ethics and Conflicts of Interest frameworks for the SADC region, working in global coordination with the Global Regulatory Compliance Director and other international MLROs. This position will also advise the Yellow Card SADC Senior Management on emerging AML/TF/PF financial crimes and sanctions compliance issues, as well as consult and guide the global compliance functions in the establishment of controls to mitigate risks.
The Yellow Card SADC MLRO will report to the Global Chief Compliance Officer & MLRO.Type of personCritical thinker, organised and driven, with a strong knowledge domain. Dedicated and passionate about their job, humble and a real team player.Key responsibilities Duties include, but not limited to.AML/CFT & FinCrime Program & Suspicious Activity Monitoring & Reporting
- Implement and manage local and regional YC Compliance Program
- Receive, investigate, and escalate internal Suspicious Transaction Reports (STRs) or Suspicious Activity Reports (SARs) to local regulators (e.g. FIU) where appropriate.
- Maintain a SAR/STR register and internal reporting procedures.
Sanctions Oversight
- Oversee Yellow Card SADC’s sanctions framework, including reporting to OFSI, OFAC, and other regulators with US nexus requirements in collaboration with YC Global Sanction Program and FCC requirements..
- Advise stakeholders on sanctions developments and ensure relevant actions are taken.
Compliance Program Management
- Develop, implement, and regularly review AML/CFT/PF and sanctions frameworks, policies, and procedures in line with local laws, global standards and YC Compliance Program requirements.
- Lead internal audits and risk-based regulatory reviews, and oversee corrective action plans.
Regulatory Engagement & Reporting
- Act as the main liaison for regulatory, law enforcement, and external agency interactions related to AML/CFT/PF.
- Prepare and submit required regulatory returns and compliance reports (e.g. STRs, MIS, board reports).
AML/CFT FinCrime Training & Awareness
- In collaboration with HR Learning & Development, ensure AML/CFT and sanctions training is delivered to all staff, including the Board, and that new employees are trained promptly.
Compliance Governance
- Management of the Regional and country-specific Compliance Program regulatory requirements
- Regularly update senior management and the Board on the effectiveness of the compliance program.
- Proactively identify risks and recommend improvements to systems, controls, and procedures where needed.
Crypto Investigations & Industry Engagement
- Provide subject matter expertise on crypto and fiat investigations and represent Yellow Card at industry and regulatory forums.
Requirements
- 5-8 years of experience in financial crimes compliance-related functions, including previous experience as a Nominated Officer, MLRO or Deputy MLRO
- 5+ years managing a team
- Thorough understanding of the MLRs, the Proceeds of Crime Act, the Terrorism Act and Global Sanctions law
- University degree from a recognised tertiary institution
- Forensic investigations, CFE, CAMS, ACFS certifications are required
- Experience in developing and administering internal controls and processes
- Excellent oral and written communication skills – English fluency required
- The capacity to meet deadlines while maintaining quality standards and effective time management
- Exceptional interpersonal and organisational skills with the ability to work autonomously as well as collaboratively within a team environment
- Ability to interact effectively with all levels of management, regulators and examiners
- Experience in the fintech/cryptocurrency industry is required
- Attention to detail, strong sense of responsibility and very high level of integrity
- Ability to take charge in critical situations and work collaboratively on resolving problems
- Strong ethical, analytical and problem-solving skills
What We Offer
- An Opportunity to do Impactful and Purposeful Work: You’ll be helping drive financial inclusion across Africa.
- Remote-First Flexibility: Yellow Card embraces a fully remote work environment, enabling team members across the world to collaborate.
- Global & Diverse Team: Opportunity to work with talented professionals across the world in a multicultural and collaborative environment.
- Learning & Development: Access to resources, support, and autonomy to grow professionally.
- Mental Health Support Services: Your mental well-being matters for both your personal and professional well-being.
Ready to Join Us?Are you up for the challenge? Apply today and be part of shaping the future of FinTech. Let's innovate, disrupt, and lead together!We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, gender, pregnancy, age, ethnicity, national origin, disability status, genetic information, protected veteran status or any other characteristic protected by law.Please Note:Under local laws, this role may be subject to a background check once an offer of employment has been made.
Reference checks will also be conducted during the final stages of the hiring process.
