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Project Manager - Regulatory/Compliance

Our mission

We're making Africa the first cashless continent.

In 2017, over half the population in Sub-Saharan Africa had no bank account. That's for good reason—the fees are too high, the closest branch can be miles away, and nobody takes cards. Without access to financial institutions, people are forced to keep their savings under the mattress. Small business owners rely on lenders who charge extortionate rates. Parents spend hours waiting in line to pay school fees in cash.

We're solving this by building financial services that just work: no account fees, instantly available, and accepted everywhere. In places where electricity, water and roads don't always work, you can still send money with Wave. In 2017, we launched a mobile app in Senegal for cash deposit, withdrawal, and peer-to-peer and business payments. Now, we have millions of users across six countries and are growing fast.

Our goal is to make Africa the first cashless continent and that's where you come in...

How you'll help us achieve it

Our team has doubled in the past six months to over 1,000 employees, and we expect our current growth rate to continue as we expand into new markets. We are seeking an experienced Compliance Project Manager to accelerate implementation of compliance related initiatives throughout Wave, specifically overseeing Wave’s Regulatory Exams & Remediation work. This role will be essential in ensuring preparedness for external audits and regulatory exams and driving internal project management to ensure that corrective actions and remediation are implemented efficiently throughout the company. 

This is a phenomenal opportunity to join a growing compliance team, with one of the world’s most innovative financial technology companies.

This role will be essential in ensuring preparedness for external audits and regulatory exams, and driving internal project management to ensure that corrective actions and remediation are implemented efficiently throughout the company.

In this role, you’ll;

  • Lead and manage internal coordination for regulatory compliance exams and audits ensuring the company is well-prepared.
  • Coordinate with cross-functional teams (e.g. legal, risk, operations, product) to manage stakeholder alignment and gather necessary documentation and information.
  • Develop, track, and manage project plans for remediation efforts and corrective actions following audits or exams.
  • Ensure all corrective action projects meet deadlines and regulatory standards.
  • Align with department leads to ensure remediation work is prioritized in company goals and priorities.
  • Maintain alignment among internal stakeholders through effective communication to ensure alignment and accuracy in responses to examiners.

Requirements

  • Professional level proficiency in written and spoken French and English
  • 5+ years experience in compliance, audit, or project management within fintech or financial services, with a focus on mobile money or payments.
  • Strong understanding of regulatory requirements and risk management frameworks.
  • Proven experience leading audits, exams, or regulatory inquiries, with hands-on experience in project management.
  • Excellent communication skills, with the ability to manage cross-functional teams and influence stakeholders.
  • Strong organizational and time-management skills, with a keen attention to detail.
  • Prior experience in a fintech or fast-growing tech environment is highly preferred.

Key details

  • You can work remotely from anywhere (between UTC and UTC +3) with reliable internet access.
  • You’re willing to travel to one of our key markets at least once per year for ~6 days (Wave covers all costs). We also provide a yearly stipend of $800 to meet with coworkers.
  • Our salaries are competitive and are calculated using a transparent formula.
  • Major benefits:
    - Subsidized health insurance for you and your dependents, and retirement contributions (both vary from country to country).
    - 6 months of fully paid parental leave and subsidised fertility assistance.
    - Flexible vacation, with most folks taking between 30-40 days per year. 
    - $10,000 annual charitable donation matching.

Our team

  • We have a rapidly growing in-country team in Senegal, Côte d'Ivoire, Mali, Burkina Faso, The Gambia, and Uganda, plus remote team members spread across the world.
  • We're deeply passionate about our mission of bringing radically affordable financial services to the people who need them most.
  • We foster autonomy for our employees. You'll own your projects at every stage, from understanding the problem to monitoring your solution in production.
  • We raised the largest Series A in Africa in 2021. Our world-class investors, include Founders Fund, Sequoia Heritage, Stripe, Ribbit Capital, Y Combinator, and Partech Africa.
  • In 2023, we were on Y Combinator's top 50 companies by revenue.

How to apply

Fill out the form below, and upload a resume in English and a cover letter describing your interest in Wave and the role.

We review applications frequently and recommend that you apply to the role that most closely aligns with your skills, experience and career goals.

Wave is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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What You Should Know About Project Manager - Regulatory/Compliance , Wave

Join Wave as a Project Manager - Regulatory/Compliance, where your skills will be pivotal in shaping the future of financial services across Africa! Our mission to make Africa the first cashless continent is well underway, but we need a dedicated professional like you to help us ensure compliance with our growing regulatory landscape. You'll lead the charge in managing internal preparations for regulatory exams and audits, ensuring that our team is always ready to shine. Collaborating with cross-functional teams including legal, risk, and product, you’ll gather essential documentation and information, developing plans that not only meet deadlines but also uphold regulatory standards. Your expertise in compliance, gained through over 5 years of experience in the fintech or financial services sector, coupled with your fluency in French and English will be vital in aligning our goals with the regulatory landscape. In addition to tackling challenges head-on, you will play a key role in implementing corrective actions from audits, keeping everyone aligned and informed. Being part of a rapidly expanding team that boasts a strong commitment to improving financial inclusivity means your impact here will be substantial. If you’re ready to seize a phenomenal opportunity in a dynamic environment while contributing to a significant cause, let’s make this journey toward cashless convenience a reality together. At Wave, you’ll not only be part of an innovative company but will also enjoy a competitive salary and a variety of generous benefits designed to foster a supportive work culture as we forge ahead into new markets.

Frequently Asked Questions (FAQs) for Project Manager - Regulatory/Compliance Role at Wave
What are the key responsibilities of a Project Manager - Regulatory/Compliance at Wave?

As a Project Manager - Regulatory/Compliance at Wave, you will oversee preparations for regulatory compliance exams and audits. This involves coordinating with various departments, managing project plans for remediation efforts, and ensuring that corrective actions are implemented efficiently. You'll be the bridge connecting cross-functional teams to keep everyone aligned and ensure compliance with regulatory standards while supporting our mission to provide accessible financial services.

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What qualifications are needed to become a Project Manager - Regulatory/Compliance at Wave?

To join Wave as a Project Manager - Regulatory/Compliance, candidates should have at least 5 years of experience in compliance, audit, or project management, ideally in the fintech or financial services industry. Proficiency in both French and English is crucial, along with a strong understanding of regulatory requirements and risk management frameworks. Demonstrated leadership in regulatory inquiries and excellent communication skills are also essential.

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How does Wave support career growth for Project Managers - Regulatory/Compliance?

Wave is committed to fostering an environment of growth and learning for its Project Managers - Regulatory/Compliance. With a focus on autonomy and ownership, you will lead projects from the ground up. Additionally, our team members have access to various training resources and professional development opportunities. The dynamic nature of our work allows for constant skill enhancement and collaboration with industry experts, setting a strong foundation for career advancement.

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What type of projects will a Project Manager - Regulatory/Compliance handle at Wave?

At Wave, a Project Manager - Regulatory/Compliance will manage a variety of initiatives centered around ensuring regulatory compliance across the organization. This includes leading preparations for external audits, managing corrective action plans from regulatory exams, and coordinating with diverse teams to ensure regulatory requirements are met. The scope of work is engaging and pivotal to our mission of creating a cashless Africa.

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What is the work environment like for a Project Manager - Regulatory/Compliance at Wave?

The work environment for a Project Manager - Regulatory/Compliance at Wave is dynamic and inclusive. You’ll work remotely within a flexible schedule, allowing for better work-life balance while contributing to a groundbreaking mission. The team is made up of diverse, passionate individuals who collaborate closely, ensuring you have the support and resources you need to succeed in your role.

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Common Interview Questions for Project Manager - Regulatory/Compliance
Can you describe your experience with regulatory compliance in fintech?

When answering this question, detail specific instances where you've successfully navigated regulatory requirements in a fintech context. Highlight your role, the challenges you faced, and the outcomes of your efforts to showcase your expertise, attention to detail, and problem-solving skills.

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How do you prioritize projects when managing multiple regulatory compliance initiatives?

In your response, discuss your approach to project management and how you assess urgency and importance. Use examples to illustrate how you create project timelines, timeline milestones, and set priorities based on regulatory deadlines and company goals.

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What strategies do you use to communicate effectively with cross-functional teams?

Emphasize your communication style and any tools or methods you use to keep teams on the same page. Discuss the importance of transparent communication, regular updates, and collaboration to ensure compliance tasks are understood and executed effectively across teams.

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Describe a challenging audit you've managed and how you overcame the obstacles.

Here, share a specific audit experience, outlining the challenges faced, such as team alignment or documentation gaps. Focus on your proactive measures for planning, execution, and post-audit improvements, demonstrating your analytical skills and ability to work under pressure.

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How do you keep updated on regulatory changes in the fintech industry?

Detail the resources, networks, or continual education methods you tap into for staying informed. Mention industry journals, professional networks, webinars, or relevant certifications that you leverage to ensure you remain knowledgeable about compliance trends.

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What methods do you use to track and report on compliance project progress?

Explain the metrics and tools you utilize, such as project management software or compliance dashboards, to track projects. Discuss how you convert data into actionable insights and communicate that effectively to stakeholders to keep them informed.

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How do you manage stakeholder expectations during a regulatory compliance project?

Illustrate your experience in stakeholder management and how you ensure their buy-in. Discuss techniques like regular check-ins, transparent communication, and expectation-setting around timelines and outcomes to build trust and clarity throughout the project.

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What do you consider the most challenging aspect of working in regulatory compliance?

Reflect on your personal experiences and relate to common challenges in the field, like the complexity of regulations or the need for continuous education. Share how you tackle those challenges with a proactive mindset and strategic approach, demonstrating resilience.

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Can you provide an example of how you implemented a corrective action from an audit?

Take this opportunity to share a detailed example of a corrective action you facilitated. Highlight the steps taken to analyze the audit findings, develop an action plan, engage the relevant teams, and follow up on implementation to demonstrate your project management skills.

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Why do you believe you are a fit for the Project Manager - Regulatory/Compliance role at Wave?

Here, align your background, skills, and values with Wave’s mission. Focus on your experience in fintech and project management, and express your passion for contributing to financial inclusion while highlighting your understanding of Wave’s culture and objectives.

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Wave exists to liberate small business owners from the administrative headaches of running your own business. Accounting, bookkeeping, invoicing, expense tracking, running payroll — these are not the things an entrepreneur wants to do when they ...

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December 13, 2024

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