The Compliance Officer will ensure that Busha’s virtual asset operations in are fully compliant with local and international regulatory requirements. This role will focus on risk management, AML/CFT controls, transaction monitoring, customer due diligence, and operational compliance in the fast-evolving digital financial services space. You will work closely with cross-functional teams to build robust compliance frameworks and processes that protect the business while enabling growth.
Key Responsibilities:
- Oversee the end-to-end customer onboarding process for retail and corporate clients, including KYC, KYB, AML/CFT checks, sanctions screening, and enhanced due diligence where necessary.
- Coordinate and respond to requests from regulators, law enforcement agencies, and industry bodies.
- Support the licensing and renewal process(es) as may be applicable to Busha.
- Implement and maintain transaction monitoring systems to detect suspicious activities, unusual patterns, and financial crime risks.
- Conduct ongoing compliance reviews, including periodic KYC updates, ongoing monitoring, and risk re-assessments.
- Lead financial crime investigations, including fraud, sanctions breaches, and suspicious transaction reports (STRs).
- Develop and implement compliance frameworks, policies, and procedures aligned with applicable Bank guidelines, Anti-Money Laundering Act, and global best practices for virtual assets.
- Monitor regulatory developments and relevant international jurisdictions, ensuring Busha stays ahead of emerging compliance requirements.
- Collaborate with Product, Operations, and Support teams to embed compliance into processes and deliver a smooth but compliant customer experience.
- Conduct internal compliance audits, risk assessments, and periodic testing of systems and controls.
- Promote a culture of compliance across the organisation through training, awareness, and regular communication.
Qualifications & Skills:
- Bachelor’s degree in Law, Economics, Finance, Business, or related field.
- 3+ years experience in compliance, risk, or AML/CFT roles within fintech, payments, banking, or virtual assets.
- Strong understanding of Kenya’s regulatory landscape for fintech, payment service providers, and virtual asset service providers.
- Hands-on experience with KYC/KYB, transaction monitoring, sanctions screening, and STR/SAR filing.
- Knowledge of FATF guidelines, VASP compliance requirements, and financial crime typologies in the digital assets space.
- Excellent analytical skills, attention to detail, and ability to work in a fast-paced environment.
- Strong communication and stakeholder management skills.
