YaYa Wallet (YaYa PII SC) is a licensed payment instrument issuer providing fast, secure, inclusive, and tailored digital financial services through mobile wallet solutions. Our services include bank transfers, cash-in and cash-out, utility and bill payments, merchant transactions, inward international remittances, and recurring or scheduled payments. As a rapidly growing fintech company, we are seeking a detail-oriented and principled Compliance & Reconciliation Officer strengthen our operational integrity and regulatory adherence.

The Compliance & Reconciliation Officer is primarily responsible for ensuring the accuracy, completeness, and timeliness of transaction settlement and reconciliation across YaYa Wallet’s ecosystem. The role focuses on reconciling wallet transactions with integrated banks, EthSwitch, and other partners, identifying discrepancies, investigating root causes, and ensuring prompt resolution.

In addition to reconciliation duties, the role supports compliance with applicable laws, regulations, and internal policies governing payment instrument issuers, including AML/CFT requirements. The position plays a key role in safeguarding the company’s financial integrity, operational accuracy, and regulatory standing.

Sector: Financial Technology

Reports to: Customer Operations Manager

Career Level: At least 1+ years of experience in reconciliation, settlement, finance operations, compliance, or risk-related roles. within fintech, banking, payment systems, or financial institutions is highly preferred.

Employment Type: Full-time

Salary: Attractive & competitive salary commensurate with your experience.

Quantity: 1

Duties and Responsibilities:

• Take full ownership of end-to-end reconciliation of YaYa Wallet transactions across wallet systems, integrated banks, EthSwitch, billers, merchants, and remittance partners.

• Perform daily high-volume transaction reconciliations between Wallet transaction logs, bank settlement statements, Switch (EthSwitch) reports, internal control, and clearing accounts.

• Identify, analyze, and resolve reconciliation breaks, including missing or delayed transactions, duplicate postings, reversals and failed transactions, timing differences, and incorrect settlements.

• Maintain and monitor clearing, settlement, and suspense accounts, ensuring balances are accurate and fully explained.

• Prepare daily, weekly, and monthly reconciliation and exception reports, including aging analysis of unresolved items.

• Follow up on unsettled transactions and disputes with banks, EthSwitch, and partners to ensure closure within agreed SLAs.

• Support month end and year end financial closing by providing reconciled transaction data and variance explanations.

• Monitor and ensure compliance with laws and regulations governing payment instrument issuers, such as AML/CFT regulations, data protection laws, and financial services regulations.

• Maintain knowledge of regulatory developments and assess their impact on company operations.

• Develop and implement compliance communication strategies and training programs; contribute to the development and revision of compliance, AML/CFT, and KYC-related policies and procedures.

• Develop, implement, and update internal compliance policies and procedures for the payment instrument industry, ensuring effective dissemination and employee training to promote a compliance-aware culture.

• Conduct regular compliance risk assessments to identify potential vulnerabilities and collaborate with other departments to address them.

• Contribute to the development and revision of compliance policies, procedures, guidelines, standards, and programs.

• Prepare executive-level compliance risk assessment reports tailored to the needs of the Board of Directors, Executive Management, and regulators.

• Monitor the company's operations to ensure compliance with internal policies and regulatory requirements, prepare and submit compliance reports, investigate and resolve compliance issues, and demonstrate the company’s code of conduct and corporate image to the public.

• Serve as the Money Laundering Reporting Officer (MLRO) or support it, overseeing customer due diligence, enhanced due diligence, and transaction monitoring processes, and implementing effective systems to detect and report suspicious activities.

• Support compliance audits and investigations, conducting internal investigations into suspected violations and recommending corrective actions.

• Foster stakeholder collaboration across legal, finance, IT, and other teams to ensure compliance and provide strategic advice on compliance-related matters.

• Engage in teamwork, collaboration, and transparent work practices;

• Provide services as per the service level agreement.

• Contribute to the company’s profitability as per the target set;

• Conduct an assessment of new wallet products and services of the company to ensure compliance with laws and NBE directives.

• Be responsible for the settlement and reconciliation of YaYa Wallet transactions with all integrated banks, EthSwitch, and other stakeholders.    

Job Requirements:

• Education: Bachelor’s degree in Accounting, Management,  Economics, or any related field.

• Experience: At least 2+ years of experience in reconciliation, settlement, finance operations, compliance, or risk-related roles. 

• Knowledge: Strong knowledge of the payment industry and regulatory framework governing payment instrument issuers.

• Good understanding of AML/CFT laws, regulations, and best practices.

• Knowledge of financial sector policies, regulations, and directives.

• Understanding of bank risks, settlement processes, reconciliation workflows, and emerging issues in risk management and fintech

Essential Skills:

• Strong hands-on experience in transaction reconciliation and settlement operations.

• Ability to work with large transaction volumes and multi-source reports

• High proficiency in Microsoft Excel (lookups, pivot tables, reconciliation schedules)

• Experience working with bank statements, EthSwitch, and third-party settlement reports

• Good knowledge of AML and CFT laws, regulations, and best practices

• Strong attention to detail and ability to work independently

How to Apply:

• Apply using THIS LINK