Regional Regulatory Affairs & Compliance Specialist, Fintech

This is a fully remote position, open to applicants in Kenya.

📋 Description

• Serve as the initial point of contact and engagement with pertinent regulators to proactively address and mitigate the possible effects of new regulations, reporting obligations, and prudential guidelines on our operations within a specified regional portfolio.

• Lead and/or assist in the creation of horizon scanning activities and early warning signals regarding upcoming and potential changes in relevant regulations in the specified regional portfolio, and share this information internally through the appropriate channels with affected teams.

• Provide support to the Head of Regulator Affairs & Compliance and Regulatory Compliance Managers, as needed, concerning the overall Regulatory Affairs & Compliance strategy and activities within a designated regional portfolio.

• Comprehend the relevant laws and regulations that govern our operations, while continuously monitoring the company's adherence to new regulations, reporting obligations, and prudential guidelines in the specified regional portfolio.

• Assist the Regulatory Compliance Managers, as necessary, in conducting structured assessments of our regulatory compliance against specific requirements and obligations within the designated regional portfolio to evaluate our regulatory risk exposure, its significance, and scope.

• Aid in the implementation of a robust and effective regulatory compliance governance framework within the organization, which includes training and awareness initiatives to educate employees on pertinent regulations and prudential guidelines, and collaborate with other departments and stakeholders to foster a culture of regulatory compliance.

• Create marketing materials, training programs, and relevant internal presentations to ensure alignment with regulatory compliance prudential guidelines within the specified regional portfolio.

• Carry out various general administrative tasks, such as gathering internal information in response to regulatory compliance inquiries and reporting obligations from relevant internal and external stakeholders.

• Assist the business in promptly and effectively responding to queries raised by our partners, financial institutions, or other third parties regarding compliance with our legal and contractual obligations stemming from new or existing business relationships, including third-party due diligence requirements, supplier onboarding processes, periodic reporting obligations, or any other requirements as necessary.

• Act as a business partner to the local commercial teams to facilitate the go-to-market process in the specified regional portfolio, as well as address existing customer inquiries related to current or new regulatory requirements.

• The primary focus of this role will be on the East Africa region; therefore, the ideal candidate should possess working knowledge and understanding of the regulatory and oversight bodies, governance, and operational principles in Kenya, Uganda, Ethiopia, Somalia, South Sudan, and Tanzania.

• Serve as a regional partner to other internal assurance providers, including Internal Audit, as required, to support the execution of activities within the framework of the Company’s combined assurance arrangements.

⛳️ Requirements

• A minimum of a Bachelor's degree in a relevant discipline.

• 4-6 years of experience in a fintech environment, preferably within the microfinance sector.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Opportunities for professional development and career advancement.

• A supportive and inclusive work environment.