Compliance Officer

Key Responsibilities

• Monitor and ensure adherence to local financial regulations and central bank guidelines.
• Stay updated with changes in laws and SC/RMO guidelines affecting fintech products and P2P lending.
• Liaise with regulatory authorities and prepare reports as required.
• Ensure all products and services are compliant with Shariah principles.
• Collaborate with Shariah advisors to conduct periodic audits and product reviews.
• Prepare compliance documentation for Shariah board approval.
• Develop, implement, and maintain compliance policies, procedures, and controls.
• Conduct periodic audits of operations, customer onboarding, lending processes, and risk management protocols.
• Monitor AML/KYC procedures and ensure anti-fraud mechanisms are in place.
• Conduct compliance training for staff on regulatory requirements, ethics, and Shariah principles.
• Promote a compliance-oriented culture within the organization.
• Identify compliance risks and recommend mitigation strategies.
• Prepare periodic compliance reports for senior management and the Board.

Requirements

• Bachelor's or Master's degree in Finance or a related field.
• Minimum 3 years of experience in compliance, preferably in fintech or banking.
• Strong understanding of Shariah-compliant financial products.
• Knowledge of AML, KYC, and regulatory frameworks for financial institutions.
• Professional certifications (e.g., CAMS, ICA, CCEP, or Shariah compliance certifications) are a plus.