Risk & Compliance Manager
Legal · Full-time
Dakar, Senegal
Company Overview
HUB2 is a Panafrican fintech founded in 2019 by Ashley Gaüzère (Telecom 2004, ex-Orange Middle-East Africa), and joined in 2023 by co-founder Jean-Rémi Kouchakji (HEC 2013, ex-founder PayinTech). The company emerged in response to the lack of an inclusive and efficient banking system in Africa, where most transactions are conducted via mobile wallets developed by regional telecom operators,
HUB2 is building a payment infrastructure to facilitate the interoperability of payment methods across the region, including Mobile Money, bank cards, bank transfers. To date, HUB2 integrates over 30 mobile money and banking networks, including major operators such as Orange, MTN, Moov, and Wave, and operates in nine countries in West and Central Africa. Our clients range from neobanks, payment aggregators, international transfer operators, microcredit companies, to e-commerce businesses.
Currently, HUB2 processes €1 billion in annual transaction volumes across these nine countries. The company employs 40 people, across its four offices in Abidjan, Réunion, Paris and Mauritius. As a high-growth startup, HUB2 plans to continue this trajectory through 2025 and 2026 in West and Central Africa. Our ambition is to establish the leading payment platform across Francophone Africa.
Context
In a context of hyper-growth and following an oversubscribed Series A funding round in 2024, the company is committed to designing, structuring and developing strategic assets to maintain its competitive advantage and build the pan-African multi-payment platform of tomorrow. In this context, we are recruiting a Risk & Compliance Manager who will report to the Head of Risk & Compliance.
We are seeking a dynamic and experienced Risk & Compliance Manager to join our fast-growing fintech company, which operates across multiple countries in the West African Economic and Monetary Union (UEMOA) zone. The ideal candidate will play a key role in identifying, assessing, and mitigating risks to ensure the company’s operations remain secure, compliant, and resilient, in line with UEMOA regulatory requirements.
Key Responsibilities
Develop, implement, and maintain the company’s risk management framework across all UEMOA countries of operation.
Ensure continuous compliance with all relevant UEMOA regulations, including banking, financial, and data protection laws as established by the Central Bank of West African States (BCEAO) and other regulatory authorities.
Monitor regulatory developments in the UEMOA region and proactively update internal policies and procedures to reflect new requirements.
Conduct comprehensive risk assessments of products, services, processes, and third-party partners, with a focus on credit, operational, market, and compliance risks.
Work closely with cross-functional teams (Compliance, Legal, Product, IT, etc.) to embed risk management into business processes and product development.
Oversee the implementation of controls and mitigation strategies and monitor their effectiveness.
Prepare and present regular risk reports to senior management and regulatory bodies as required.
Lead the investigation of incidents or breaches and coordinate response plans to minimize impact and prevent recurrence.
Foster a strong risk awareness culture throughout the organization via training and communication initiatives.
Liaise with internal and external auditors, and represent the company in discussions with UEMOA regulators.
Develop and implement group-wide policies and procedures to ensure compliance with applicable laws and regulations.
Identify, assess, and mitigate operational, financial, and compliance risks associated with payment services.
Work closely with other departments (such as finance, operations, sales, IT) to ensure an integrated approach to risk and compliance management.
Act as the primary point of contact for all risk and compliance-related queries.
Profile
Education
Bachelor’s or Master’s degree in Risk Management, Finance, Law, or a related field.
Proven experience in risk management within a financial institution or fintech, ideally with exposure to the UEMOA region.
Experience in a fintech, payment institution, or any heavily regulated environment, is a plus
Technical Skills
Strong command of regulations and standards: KYC, AML-CFT, GDPR, economic sanctions
Familiarity with AML tools (e.g., Dow Jones, WorldCheck, LexisNexis)
Expert in data analysis: Advanced Excel, SQL, and ideally Python
Ability to model scoring logic or configure business rules
Good knowledge of BCEAO and BEAC regulations
Strong knowledge of UEMOA regulations, especially BCEAO guidelines and relevant directives.
Excellent analytical, problem-solving, and decision-making skills.
Strong communication and interpersonal skills in both French and English (fluency in French is often essential in the UEMOA zone).
Behavioral Skills
Excellence: Rigor and precision in analysis, constant search for process improvement
Responsibility: Autonomy, critical thinking and integrity in risk management
Trust: Ability to conduct fine analysis with complete independence, transparency in reporting
Ability to simplify technical and regulatory issues for non-specialists
Remote communication skills, interpersonal ease, cross-functionality with operations, product, tech teams
Ability to adapt to a constantly evolving environment
Ability to work effectively across multiple countries and cultures.
Ability to work in a dynamic and fast-paced environment
Ability to work under pressure and prioritise
Stress resistance and ability to work under tight deadlines
Good to have
A relevant professional certifications (e.g. FRM, CFA, CRMA) is a plus.
What we Offer
Development Opportunities
Integration into a dynamic and multicultural team
Participation in building a pan-African payment infrastructure
Continuous training on the latest technologies and regulations
Professional growth within a hyper-growth company
Work Environment
International team distributed across 4 offices (Abidjan, Paris, Réunion, Mauritius)
Corporate culture based on excellence, responsibility and trust
Innovative projects in the African fintech sector
Collaboration with high-level product and tech teams
Benefits
Participation in a mission with strong social and economic impact in Africa
Opportunity to learn and grow in a rapidly expanding sector
Stimulating and collaborative work environment
Terms & Conditions
Contract type: Permanent employment contract (CDI – Full-time)
Direct reporting: Head of Risk & Compliance
Work location: Dakar, Sénégal
Start date: As soon as possible