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'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