Compliance Officer / MLRO- Senegal

dLocal; United States; Remote; USD 90,000 - 120,000; Full time

Job summary

dLocal is seeking a Compliance Officer based in Senegal to oversee KYC onboarding, monitor transactions, and lead AML/CFT and regulatory compliance efforts within the WAEMU/BCEAO zone. You will interact with regulators such as BCEAO and CENTIF and build robust remittance and reporting processes to safeguard the company’s financial operations.

Stay ahead of evolving regulatory changes, collaborate with internal teams, and maintain relationships with regulators like BCEAO, Ministry of Finance,

Responsibilities

• KYC onboarding: Oversee and manage the KYC onboarding process for new customers and update existing ones in Senegal.

Job description

Why Join dLocal?

dLocal is the financial infrastructure powering global commerce in the world's fastest-growing markets. The biggest companies in the world trust us to unlock growth in 60+ countries across emerging markets—moving money where others see complexity. We don't just process payments; we are architects of payment ecosystems and partners in our customers' expansion. You'll work alongside 1,300+ teammates from 40+ nationalities and tackle global challenges from day one.

What's the Opportunity?

We are looking for a Compliance Officer based in Senegal to join our global team. This role is open to the whole of Senegal and plays a crucial part in our banking relationships, local regulatory compliance, and internal reporting. You will serve as the primary compliance contact for all matters within the WAEMU/BCEAO zone.

What will I be doing?

KYC Onboarding

Oversee and manage the Know Your Customer (KYC) onboarding process for new customers and update existing ones across Senegal.

Ensure compliance with local and international regulatory requirements related to customer identification and verification, including BCEAO and CENTIF directives.

Transaction Monitoring

Implement and enhance transaction monitoring systems to detect and report suspicious activities within the Senegalese context.

Conduct periodic reviews and assessments to ensure the effectiveness of transaction monitoring processes.

AML/CFT Compliance

Serve as the primary point of contact for AML/CFT matters in Senegal.

Possess in-depth knowledge of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations in Senegal, including WAEMU directives, BCEAO instructions, and FATF recommendations.

Develop and enforce AML/CFT policies and procedures tailored to the Senegalese regulatory environment.

Regulatory Compliance

Stay abreast of the regulatory landscape governing the payments and financial services industry in Senegal and the wider WAEMU/ECOWAS zone.

Interpret and communicate regulatory changes, especially those related to AML/CFT requirements, to relevant stakeholders within the organisation.

Establish and maintain strong relationships with Senegalese regulators, including the BCEAO, Ministry of Finance, CENTIF, and ARTP (for mobile money services).

Remittance Compliance

Develop and implement compliance procedures specific to domestic and cross-border remittances in Senegal, including key corridors such as West Africa–Europe and intra-ECOWAS transfers.

Ensure adherence to regulatory requirements governing remittance services in the Senegalese market, with particular attention to diaspora and family remittance flows.

Risk Assessments

Conduct regular risk assessments to identify and mitigate potential compliance risks within the Senegalese and WAEMU context.

Collaborate with other departments to implement risk mitigation strategies.

Reporting

Report findings and compliance matters related to AML/CFT to different stakeholders i