FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures.
In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents. FairMoney thrives on its diverse workforce, bringing together talent from over 27 nationalities. This multicultural team drives the company’s mission of reshaping financial services for underserved communities.To gain deeper insights into FairMoney’s pivotal role in reshaping Africa’s financial landscape, we invite you to watch informative video.
Roles and Responsibilities
- Coordinating the environment and social initiatives and the compliance to law and regulatory requirements
- Provide guidance to internal teams on sustainability programmes, risks, opportunities including ESG due diligence
- Developing, implementing, and monitoring a corporate-level Environmental & Social Management System (ESMS), which will be implemented in all business areas, across all operational levels
- Coordinating with teams in all business areas to ensure adherence with the ESMS frameworks
- Coordinating and working with the HR teams and business leaders across all regions we operate in
- Monitor performance towards ESG goals and publish periodic reports on ESG and impact created by FairMoney
- Prepare FairMoney’s annual sustainability report
Framework Adherence Role
- Support in driving the sustainability and ESG agenda, objectives, goals, and programmes by coordinating with different business units
- Monitor the effectiveness of implementation the appropriate Policies, Process, Procedures and Guides and provide for their updating in line with changes in laws, regulations and corporate directives
- Review corporate activities and ensure compliance with E&S Policies, Management Plans and Procedures
- Provide guidance and advice to the Country HR teams on the requirements of identifying and implementing local E&S related laws and regulations and monitor the compliance
- Support the Management in driving the education, communication, training, and implementation of the ESG Policies across the company in all operational areas, including its associated business activities, sub-contractors and supply chains, where relevant.
Risk Management Role
- Work with various business regions to identify E&S related compliance & risks
- Develop the appropriate strategies make sure the company is compliant with the ESG regulations
- Address the E&S risks and their potential impacts
- Carry out E&S risk assessments through the support from local Country HR teams
- Prepare, organize, and maintain inspection records and investigates complaints and suspected violations
- Monitor follow-up actions in cases where violations were found, and review compliance monitoring reports
Requirements
- Bachelors / Masters in a relevant field (e.g. Economics, Public Policy, International Politics, Business)
- Experience working in (or demonstrated passion for) ESG compliance, social responsibility or sustainability issues
- 8+ years of experience in ESG domain
- Experience working with development finance institutions
- Good networking & skills to liaise with shareholders & leadership
- Excellent communication and presentation skills
- Attention to detail and the ability to work successfully in an ambiguous and fast-moving environment, to meet tight deadlines.
- Fintech and / or experience working in emerging markets / developing economies would be favorable
Benefits
- Private Health Insurance.
- Pension Plan.
- Paid Time Off.
- Hybrid Work Model.
- Training & Development.
Recruitment Process
- A screening interview with one of the members of the Talent Acquisition team.
- Technical interview with Head, Investor Relations and Founder Office
- Final Interview with Executive Director/Chief Credit Officer
Skills Required
- Bachelor's or Master's degree in a relevant field (Economics, Public Policy, International Politics, Business)
- 8+ years of experience in the ESG domain
- Experience working in (or passion for) ESG compliance, social responsibility or sustainability issues
- Experience working with development finance institutions
- Experience developing, implementing, and monitoring Environmental & Social Management Systems (ESMS) or equivalent frameworks
- Ability to coordinate across business units and with HR to ensure ESMS adherence and compliance with local laws
- Good networking skills and ability to liaise with shareholders and leadership
- Excellent communication and presentation skills
- Attention to detail and ability to work in an ambiguous, fast-moving environment to meet tight deadlines
- Fintech experience and/or experience working in emerging markets/developing economies
What We Do
FairMoney is building the leading mobile bank for emerging markets. Our goal is to rebuild Africa's money story by offering Tier 1 digital financial services to merchants and consumers alike. In our key market; Nigeria, FairMoney is currently the Most downloaded fintech app in Nigeria with over 10 million downloads and the #1 digital bank in Nigeria. FairMoney offers a range of digital financial products including, near-instant digital loans 24/7, investment products, savings, payments, and cards directly via its mobile app. We give 10,000 loans daily (one every 8 seconds!) in Nigeria and India, and have banking operations in Nigeria, with over 6 million users. We're backed by international investors and have raised a total of $89.9M in funding, to support our development. FairMoney is unique thanks to its international exposure (with offices on 3 continents) and its impact-driven mission: we bring financial inclusion to underbanked people in emerging markets! We are a team of close to 600 people, and for most of the positions, it's possible to join FairMoney remotely or in one of our offices: in Paris, Bangalore, Lagos, and Riga. We value candidates who embrace our company values: • Growth Mindset – We believe in the power of a Growth Mindset, not fixed or static. • Big Plans, Bigger Ambitions - We make big plans, and have even Bigger Ambitions. We are here to build massive scale and drive the fintech revolution across Africa. • Talent has no passport - We believe that Talent Has No Passport. While opportunity may not be evenly distributed across the world, talent is. • Start with the Client – We Empathize with our users to optimize our impact. Many of us don’t live where our customers do - we must go in-depth to understand their pain points. Discover our other values during your discussions with the team. https://apply.workable.com/fairmoney/?lng=en
