Earnipay is a finance and people solutions company dedicated to helping businesses solve their Finance & People Operations Challenges.

We are recruiting to fill the position below:

Job Title: KYC Analyst

Location: Lagos, Nigeria
Employment Type: Full-time
Work type: Hybrid
Reporting to: Operations Manager

Job Summary

• We are seeking a detail-oriented and proactive KYC Analyst to join our team. As a KYC Analyst, you will play a critical role in ensuring compliance with regulatory requirements and mitigating financial crime risks within our neobank.
• You will work closely with the Operations, Compliance, and Product teams to verify customer identities, monitor transactions, and identify potential risks while maintaining a seamless user experience.

Key Responsibilities
Customer Onboarding:

• Verify customer identities and documentation during the onboarding process to prevent fraud and ensure regulatory compliance.
• Conduct enhanced due diligence for high-risk customers or accounts as required.

Regulatory Compliance:

• Ensure adherence to Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and local regulatory guidelines.
• Monitor changes in regulatory requirements and recommend updates to the KYC processes accordingly.

Ongoing Monitoring:

• Perform continuous transaction monitoring to identify unusual or suspicious activities.
• Flag and escalate potential red flags, such as high-value or high-risk transactions, to the relevant teams for investigation.

Fraud and Risk Mitigation:

• Investigate and escalate cases of potential fraud, money laundering, or other financial crimes.
• Collaborate with the risk and compliance teams to develop and implement fraud prevention strategies.

Collaboration with Product and Tech Teams:

• Work with product teams to design and improve KYC processes that enhance user experience while maintaining compliance.
• Provide recommendations for optimizing automated KYC systems to meet regulatory and operational goals.

Reporting:

• Prepare and file Suspicious Activity Reports (SARs) or equivalent reports with the appropriate regulatory authorities as required.
• Maintain comprehensive documentation of findings, investigations, and actions taken to ensure proper audit trails.

Qualifications and Skills

• Education: Bachelor’s degree in Business, Finance, Economics, Law, or a related field.
• Experience: Minimum of 2-3 years of experience in a KYC, AML, or compliance-related role, preferably in a fintech or banking environment.
• Technical Skills: Familiarity with KYC and transaction monitoring tools, as well as an understanding of AML and CFT regulations in Nigeria.
• Analytical Skills: Strong attention to detail and the ability to analyze complex information to identify risks.
• Communication Skills: Excellent written and verbal communication skills to liaise with internal teams and external stakeholders.
• Problem-Solving Skills: Ability to think critically and resolve issues efficiently.
• Tech Savviness: Comfortable with technology and able to adapt to new tools and processes.

Application Closing Date
Not Specified.