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Wave Money

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OUR VISION Digital products that empowers all of Myanmar. A company that achieves success through innovation and ethics. OUR MISSION Build a better Myanmar for its people.
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About Wave Money

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 201 to 500

Address

The Campus, 1 Office Park, Rain Tree Drive, Pun Hlaing Estate, Hlaing Thar Yar,Yangon, Myanmar

Company vision and mission

OUR VISION
Digital products that empowers all of Myanmar.

A company that achieves success through innovation and ethics.

OUR MISSION
Build a better Myanmar for its people.

What we do

Wave Money is the largest mobile financial services provider in Myanmar. Guided by a mission to Build a Better Myanmar for its People, Wave Money is dedicated to driving greater financial inclusion among the unbanked population. Wave Money provides essential cash transfer, remittances and payment services to 35 million customers through an extensive agent network which covers 90% of Myanmar. Over 54,000 Wave shops – mostly owned and run by women – are serving customers across 299 townships nationwide. Always innovating, Wave Money’s WavePay mobile wallet meanwhile caters to over 11.5 million customers enabling reliable, secure, convenient and instant payments anytime, anywhere.

Why you should join us

Wave Money is a Great Place to Work Certified Company which makes a significantly positive economic and social impact on Myanmar. If you want to make a difference, we are currently on a recruitment drive for Myanmar’s best and brightest. Wave Money Offers following parks beside fair compensation;

- SIM Card and Internet Usage Allowance
- Life and Medical Insurance and others medical support
- Ferry
- Annual Bonus
- Cash withdraw 100% of salary from Yoma Bank
- Beautiful and modern office with lots of natural lights
- Awesome office parties

Our workplace and culture

Inclusion is at the heart of Wave Money’s people-centric culture. In line with its mission to Build a Better Myanmar for its People, Wave Money is on the forefront of financial, digital and social inclusion, and women empowerment. Wave Money directly and indirectly provides livelihood to over 30,000 women nationwide, and is committed to being an equal opportunity workplace where every person is enabled, empowered and encouraged to grow. Wave Money implements several programs that promote diversity, health and wellness, work-life balance, and learning and development, making it one of the most trusted and respected employers in Myanmar.

If you haven't found a suitable job, submit a General Application and recruiters at this company will keep your CV for future review!

All Wave Money Jobs
Position Purpose The role is to oversee and enhance the internal control systems within an organization. The purpose of this position is to ensure that effective controls are in place to safeguard assets, mitigate risks, and promote compliance with applicable laws, regulations, and internal policies. The Internal Control function operates as Wave Money’s independent reviewer, responsible for establishing, examining and evaluating the controls and its environment, related risk for the purpose of ensuring regulatory compliance, safeguarding company assets and improving its systems of financial and operational controls. This position reports to the Head of Internal Control and will provide it with formal assessments of the adequacy of the Company’s internal control environment. Principal Accountabilities Responsible for designing and implementing an internal control framework that aligns with Wave's objectives. This involves identifying key control activities, establishing control procedures, and documenting control processes. Establish mechanisms to monitor controls, conduct periodic reviews, and perform internal audits to ensure compliance and identify areas for improvement. Stay updated on regulatory requirements, assess the company's compliance posture, and implement measures to address any identified gaps. Develop training programs, conduct workshops, and communicate control-related policies and procedures to employees, promoting a culture of compliance and accountability. Prepare comprehensive reports on internal control findings, recommendations, and progress made in implementing control enhancements. Maintaining accurate documentation of control procedures, assessments, and audits is crucial for compliance and reference purposes. Collaborate with various departments and stakeholders, including finance, operations, legal, risk, internal auditors, and external auditors. This involves coordinating control-related activities, providing guidance on control matters, and fostering a cooperative environment to achieve organizational objectives. Investigate fraud, as needed, normally in cooperation with the Risk and Compliance function and Internal Audit. Do some travel in Myanmar to execute control reviews in the whole of the organization and with partners such as banks, subsidiaries, MFS point of sales etc. Key Stakeholders This position has to communicate with various stakeholders such as, national counterparts, regulators and government authorities, partner organizations, corporate clients, investors, financial sponsor, business partners and suppliers, peers and community. In simplest way, we define anyone who comes into contact with Wave Money/ DMM as a stake holders. Competencies Partnership: Successful professional approaches to collaboration with all stakeholders and team. Communication: Creating and promoting enabling environment for open communication; Constructively challenge those with power and authority Management: Create a positive and productive work environment, Model proper staff behavior and promote inclusive practices; Create a sense of shared responsibility/credit for accomplishments and shared responsibility for challenges or failures; Lead an efficient and effective organizational operation according to best practices.
Position Purpose Internal Audit Manager/Senior Manager will have responsibility for all internal audit functions, oversight of financial governance, business integrity and ethics. Internal Audit (IA) works with its internal business customers to help develop and improve governance, processes, systems, controls and understanding of risks. Responsible for planning, executing and reporting audits, as well providing advice on control and risk issues. The Internal Audit function operates as Wave Money’s independent appraiser, responsible for examining and evaluating business activities and related risk for the purpose of ensuring regulatory compliance, safeguarding company assets and improving its systems of financial and operational controls. In addition, IA will oversee the Company’s Business Integrity Line Program. This position reports to the Head of IA and will provide it with formal assessments of the adequacy of the Company’s internal control environment. Principal Accountabilities/Responsibilities Ensure the approved charter of Internal Audit is followed. Assist Head of IA in executing on its charter as well. Assist in developing and presenting the annual audit plan for approval by the audit and risk committee. Plan and execute audit mission in line with the annual audit plan includes reviewing and observing operations and activities, interviewing and discussing with the auditee regarding its work process in order to ensure checks and balances and to identify areas of risk and concern in internal controls and procedures. Prepare timely audit mission reports and summarizing key findings and recommendations and discuss with auditee in order to obtain action plans with timeframes that address any findings. Do follow-up audits to ensure that action plans and the required measures have been implemented within timeframes. Assess and test internal controls, present findings and reports for executives and relevant committees for internal control improvement. Advise management on governance, processes, systems, controls, and risks mitigation. Do some travel in Myanmar to execute audits in the whole of the organization and with partners such as banks, subsidiaries, MFS point of sales etc. Execute work taking into consideration internal audit best practices and following Group guiding, and also catering to relevant regulations e.g., from the Central Bank of Myanmar.
Position Purpose Senior Android developer is responsible for contributing android application development, product testing and Go-Live acitvites of new features and products of the Wave Money mobile financial services business. This role ensure to collaborate with App development team leader with a strong focus on delivery, debugging, fixing and supporting app related issues. This role will work in close relationship with Business and IT teams, and external partners. Key Result Areas Support the mobile app development Fix app front-end related issues Delivery of products, features and configuration changes Support & participate in app server outage/any other app incident/issue Positive engagement with technology team and non-technology stakeholders which drives outcomes. Key Responsibilities and Accountabilities Design and build applications for the android application platform Deliver MFS app platform requirements and associated eco-system to meet current and future business requirements Ensuring non-regression when developing new features Code and ship complex new mobile features and apps at high velocity and high quality with well-structured code. Full stack hand-on mobile development for native mobile app design and implementation (Android), including system analysis, test driven application development, unit test, test automation, code review and application maintenance support. Supporting deployment, product change and go-live activities success (this will involve regular participation in non-business hours operation) Participate as a member of the technology team in IT governance processes and solution delivery Ensure mobile app platform environment run smoothly with zero outage Ensure the performance, quality, and responsiveness of applications Collaborate with a team to define, design, and ship new features Troubleshoot debug, and fix issues in production and non-production environments. Help maintain code quality, organization, and automatization Work with server engineers to design API specs. Perform duties and responsibilities specific to department functions and activities. Perform other duties and responsibilities as required or assigned by supervisor. Key Performance and Success Indicators Senior Android developer plays a key member in developing and delivery new products & features also in helping juniors to learn new technologies: Meets the milestones with a project manager/product owner view) With the expected quality of delivery Help juniors to learn new technologies. Review the code and make the corrections. He/she is also expected to a source of proposition for the UI/UX and improvement of features and processes. Key Stakeholders Senior Android developer plays a key member in developing and delivery new products & features also in helping juniors to learn new technologies: Meets the milestones with a project manager/product owner view) With the expected quality of delivery Help juniors to learn new technologies. Review the code and make the corrections. He/she is also expected to a source of proposition for the UI/UX and improvement of features and processes. Competencies Coordination Communication –written and verbal Self-improvement Team work Outstanding problem solving skill Attention to detail Self-driven Interpersonal Skill Creative mindset Organization Skill
Position Purpose We are looking for an experienced data engineer to join our growing team of Data and Analytics experts. As a data engineer at Wave Money, you will be responsible for developing, maintaining, and optimizing our data warehouse, data pipeline, and data products. The data engineer will support multiple stakeholders, including business users, database architectures, data analysts, and data scientists, to ensure an optimal data delivery architecture. The ideal candidate should possess strong technical abilities to solve complex problems with data, a willingness to learn new technologies and tools if necessary and be comfortable supporting the data needs of multiple teams, stakeholders, and products. Key Responsibilities and Accountabilities Collaborate directly and effectively with data analysts, BI analysts, business users and stakeholders to gather and fulfil business decision-making and strategic requirements. Design and build efficient, scalable, and reliable data warehousing and ETL solutions to support the rapidly growing data integration, reporting and analytics needs of the business. Act as a business data steward and a business partner to deliver quality service and technology. Work in a growth-focused, fast-paced environment and quickly adapt to changing priorities. Partner with peers to partake in code reviews and provide support for User Acceptance Testing. Provide On-Call support on a weekly rotation basis with other team members to support nightly ETL batch processes and maintain the data warehouse Design, build, maintain and improve the current data pipeline architecture, batch, or real-time data pipelines in production Maintain and optimize the data infrastructure required for accurate extraction, transformation, and loading of data from a wide variety of data sources Automate data workflows such as data ingestion, aggregation, and ETL processing Prepare raw data in Data Warehouses into a consumable dataset for both technical and non-technical stakeholders Ensure data accuracy, integrity, privacy, security, and compliance through quality control procedures Monitor data systems performance and implement optimization strategies Competencies Technical : Keeps up to date with latest trends in data. Passion for data : Belief that data and insight can grow and transformation an organization. Partnership : Successful professional approaches to collaboration with all stakeholders and team; Communication: Creating and promoting enabling environment for open communication; Constructively challenge those with power and authority Governance : Work well with the Management, regardless of its composition; contribute to Management; Adhere to clear lines of responsibility and accountability Management: Create a positive and productive work environment, Model proper staff behavior and promote inclusive practices; create a sense of shared responsibility/credit for accomplishments and shared responsibility for challenges or failures; Lead an efficient and effective organizational operation according to best practices. Decision-making : Delegate appropriate decisions and responsibilities; Make clear and timely decisions; Fair and transparent decision making Organizational Development: Create a work environment in which learning is; creating an emotionally intelligent organization, staff competence; Building and promoting effective teams, creating an environment of creativity and innovation.
Update on Our Office Location: Our office has recently moved to Pun Hlaing Estate, Hlaing Thar Yar. Key Responsibilities and Accountabilities Design and build platform features and required APIs Participate in design reviews, contribute to document technical design and specification’s Ensuring non-regression when developing new features Participate and collaborating with technology team in project management, product delivery and QA Deliver MFS middleware platform requirements and associated eco-system to meet current and future business requirements Ability to prioritize team work through balancing both long and short term objectives. Communicate development status updates to head and relevant stakeholders Leading platform deployment, product change and go-live activities success (this will involve regular participation in non-business hours operation) Ensure the performance, quality, and responsiveness of the platforms and APIs Identify and correct bottlenecks and fix bugs Lead, support & maintain code quality, organization, and automation Support platform related incident response and report Key Result Areas Delivery of products, features and configuration changes which enables the product pipeline Support & participate in platform server outage/any other middleware incident/issue Positive engagement with technology team and non-technology stakeholders which drives outcomes. Deliver projects on-time Ensuring platform development meet with all development and security standards Take part in the domain driven design and development. Support the platform with zero outages or risk / compliance incidents. Positive engagement with technology and non-technology stakeholders which drives outcomes.
Position Purpose The (Hands-On) Platform Development Manager is responsible for leading the Middleware Platform Development team to manage middleware development, configuration, deployment, product testing and Go-Live activities of new features and products of the Wave Money mobile financial services business. Working closely with other team leaders, you will ensure the structured and coordinated planning of your team’s development, technical background, and experience. You will ensure you can offer the support and guidance required and be able to support and assist developers at code level. You should be able to write complex code logic and should be able to support, mentor and train the team members. You will collaborate with technology teams and non-technology stakeholders with a strong focus on delivery, debugging, problem/issue solving, API related incident response & incident reporting. Key Result Areas Manage development of API driven middleware platform components and microservices running both in cloud and on-premises. Manage multiple competing cross functional projects/programs simultaneously. Work with engineers to develop detailed and creative solutions to complex problems, while keeping timelines and quality. Develop complex modules if required and help the team by supporting, mentoring, and training. Positive engagement with technology team and non-technology stakeholders which drives outcomes. Ensuring middleware development meets API development security standards. Support the platform with zero outages or risk / compliance incidents. Key Responsibilities and Accountabilities Coach and mentor platform development team, enabling team to be best they can be. Perform code reviews and enforce best practices and coding standards. Design and build middleware platform and APIs along with the team. Participate in design reviews, contribute to document technical design and specification’s, and ensure all platform code is following the design patterns and best practices. Ensuring non-regression when developing new features with thorough impact analysis. Participate and collaborating with technology team in project management, product delivery and QA. Ability to prioritize teamwork through balancing both long- and short-term objectives. Communicate development status updates to product manager/owner. Leading middleware deployment, product change and go-live activities success (this will involve regular participation in non-business hours operation). Ensure middleware environment runs smoothly with zero outages. Ensure the performance, quality, and responsiveness of the middleware APIs. Identify and correct bottlenecks and fix bugs. Lead, support & maintain code quality, test driven development, API first design. Support middleware related incident response and report.
Position Purpose Wave Money is undergoing a technology transformation across the IT stack and needs an experienced database engineer to build and maintain multiple Oracle RAC clusters, other DBMS clusters such as Postgres and MySQL and reporting/business intelligence tools such as Statistic. Key Results Areas Delivery of new database design/architecture that will scale to Wave Money’s needs in the future. Implementation of the core Mobile Financial Services database using best practices. Implementation of load testing and failover testing plans across all DBMS platforms prior to go-live. Successfully complete migration activities to cutover to new IT stack/DBMS. Achieve KPIs and perform ongoing tuning of tables, indexes, and queries to achieve highest performance. Exhibit positive engagement with IT and Business stakeholders Exhibit strong leadership and a can-do, positive attitude Key Responsibilities and Accountabilities Administers, maintains, develops and implements policies and procedures for ensuring the security and integrity of the company's Oracle database. Implements data models and database designs, data access and table maintenance codes; resolves Oracle database performance issues, database capacity issues, replication, and other distributed data issues. Creates and maintains all databases required for development, testing and production usage. Performs the capacity planning required to create and maintain the databases and performs ongoing tuning of the database instances. Install new versions of the Oracle RDBMS and its tools and any other tools that access the Oracle database. Plans and implements backup and recovery of the Oracle database Implements and enforces security for all of the Oracle Databases. Enforces and maintains database contraints to ensure integrity of the database. Administers all database objects, including tables, clusters, indexes and views Troubleshoots with problems regarding the databases, applications and development tools. The DBA should posses the following skills: A good knowledge of the operating system(s) A good knowledge of physical database design Ability to perform both Oracle and also operating system performance monitoring and the necessary adjustments. Be able to provide a strategic database direction for the organisation. Excellent knowledge of Oracle backup and recovery scenarios. Good skills in all Oracle tools. A good knowledge of Oracle security management. KPIs Financial: Delivery of capability which supports the Revenue objectives of Wave Money Expense minimization whilst hitting all key objectives Organisational: Minimal outages to Wave customer and agent network. Individual: Result-based improvement and management of IT / Databases Leadership and people management Vendor engagement Document outcomes Key Stakeholders Wave: Leadership team / Technology Team Telenor partner: Telenor IT, Telenor Strategy, and Telenor PMO Yoma partner: IT External: Regulators, Startups, payments companies Vendors: App, website, middleware, database, infrastructure, core mobile financial services platform
Position Prupose Manager, Business Analysis is responsible for supporting the planning, development and roll out of various functions and use cases of WavePay application in line with DMM’s Digital business goals. Key Responsibilities and Accountabilities Responsible for innovation and development of product vision and roadmap Works with business owners and leadership team to define the product strategy and roadmap. Translates product roadmap features into well-defined product requirements including business value, features, user stories, and acceptance test criteria. Leads the product functional design process based on an intimate knowledge of the users and technology. Turns data insights into products with actionable outcomes to the ultimate customer. Advocates on behalf of the customer for the internal stakeholders. Coordinate with cross functional teams to drive the delivery and execution of the product features, enhancements as per the roadmap. Ensures that all demands in the product backlog are clear, complete and signed-off with defined acceptance criteria. Tracks progress of development until the product release. Leads the post-mortem to review customer experience and assess the product. Competencies Excellent English communication skills (speaking, reading, writing and listening); Highly organized and analytical. Strong in Microsoft Word, Excel & PowerPoint. Ability to prioritize and work on a diverse range of activities simultaneously. Willingness to go the extra mile.
POSITION PURPOSE Support the Chief Risk Officer in implementation of Wave Money’s Risk Management and Compliance Frameworks in the business, strengthening the risk and compliance culture in the organization, and supporting management and the Board on risk governance and compliance-related matters. KEY RESULT AREA • Supports the CRO and local policy owners to assess Risk Governance and Compliance with the business • Assists with developing and executing risk culture strengthening activities including training • Assists in the process of management of risk related to adherence of laws and regulations to which DMM is subject • Assists with the development of compliance plans and reviews the status of compliance risk and mitigating activities • Coordinates the timely preparation and submission of regulatory and internal risk reporting • Identifies and escalates to CRO any material risk changes related to risk and compliance • Identifies and escalate to CRO any noncompliance with Group Code of Conduct and Policies including but not limited to Compliance and Risk matters • Leads the management of end-to-end operational risk including risk matrix, Risk and Control Self-Assessments, Key Risk Indicators, etc. • Cooperates with local process owners to assess operational risks and related mitigation activities • Manages the timely preparation of operational risk analyses and reports KEY RESPONSIBILITIES & ACCOUNTABILITIES General Follow governance structure and risk management set by Wave Money Collaborate with stakeholders in different Business Units for business areas to improve effectiveness and efficiency of risk management activities Develop and maintain SOPs for ERM framework components Oversights of compliance with the ERM framework Draft and maintain manuals and procedures relating to risk governance and risk appetite Promote effective risk management culture practice through training and interactions Actively participate in Risk management committee and forum meetings and record of minutes Identify key risks in key projects, product launches and ensure the company mitigates these risks Proactively engage with Internal Audit team and Internal control team to ensure relevant functions and business units are aligned with the company’s risk profile to ensure risks are identified, measured, monitored and reported appropriately in a timely manner Identify and automate reporting task using available software and tools Risk Governance Coordinate the production of meeting materials for the Risk Management Committee and the Audit and Risk Committee Support CRO in reporting materials for quarterly and BOD meetings and other Ad-hoc reporting requirements Develop and monitor risk awareness activities including specific risk training Review current documentation of work process and reporting Coordinate and prepare standard as well as “ad hoc” risk reporting and analysis Operational Risk Managing Wave Money’s approach to identifying, assessing, managing and reporting operational risks including fraud Implementing and maintaining a robust operational risk management framework that reflects Wave Money’s business strategy and operational risk appetite Developing, implementing and maintaining relevant operational risk policies and procedures and ensuring that these are updated as necessary Proactively analyze current state risk management capabilities and provide solutions and insights to enhance risk awareness and practices culture Actively engage with group related stakeholders for risk related activities and projects Monitoring that policies are applied consistently across the business Providing reports and assessments of operational risk matters to management Analyzing operational risk data/information for enhancing the control environment including Key Risk Indicators Leading the development and maintenance of Risk and Control Self-Assessments and risk registers Supporting the use of risk event reporting and monitoring, including BCP/DR and incident management arrangements Oversight of Wave Money’s business continuity arrangements Compliance Assess regulation to identify compliance requirements and participate in development of implementation and testing plans Produce analytics, reporting and insight used to manage compliance and testing of compliance Manage the execution of compliance with AML/KYC requirements including suspicious transaction monitoring and scenario development Produce regulatory reports and monitor their submission KEY PERFORMANCE & SUCCESS INDICATOR Wave Money compliance with applicable laws, regulations, and board policies Self-Performance Client focused and orientation Result-based improvement and management Display leadership and people management skills KEY STAKEHOLDERS Stakeholders/Counterparts to communicate, coordinate and get in touch. All areas of Wave Money including the Risk Management Committee and the Audit and Risk Committee of the Board of Directors
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