Compliance Officer

Role Overview

The Compliance Officer is responsible for ensuring that the fintech company operates in full compliance with all applicable laws, regulations, and regulatory guidelines. This role acts as the bridge between the business, regulators, and internal teams, ensuring regulatory risks are identified early and properly managed.

Key Responsibility

• Ensure the company's operations, products, and internal processes comply with applicable laws, regulations, and regulatory guidelines.
• Monitor regulatory developments and assess their impact on business activities, products, and internal controls.
• Support regulatory licensing applications, renewals, and periodic reporting requirements.
• Act as a liaison with regulators, industry associations, and external auditors on compliance-related matters.
• Implement, maintain, and monitor AML/CFT, KYC, customer due diligence (CDD), and enhanced due diligence (EDD) procedures.
• Review transactions, reports, and compliance alerts to ensure adherence to regulatory standards.
• Draft, review, and update compliance policies, SOPs, and internal guidelines to align with regulatory requirements.
• Conduct compliance reviews and risk assessments to identify gaps, weaknesses, or potential regulatory risks.
• Recommend and follow up on corrective and preventive actions for identified compliance issues.
• Provide compliance advice and day-to-day guidance to internal teams, including operations, product, marketing, and customer service.
• Review marketing materials, customer communications, and product features to ensure regulatory compliance.
• Support data privacy and data protection compliance, including incident reporting and regulatory notifications.
• Assist in preparing compliance reports for management and regulatory authorities.
• Support internal and external audits, regulatory inspections, and compliance examinations.
• Conduct compliance training and awareness programs for employees to promote a strong compliance culture.
  
  

Qualifications

• Bachelor's degree in Law, Finance, Business, Accounting, or related field.
• Minimum 2-5 years of experience in compliance, risk, legal, or regulatory roles.
• Experience in fintech, banking, or financial services is an advantage.
• Familiarity with AML/CFT, KYC, and regulatory reporting requirements.
• Strong documentation and reporting skills.