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Manager - Compliance at MAL Consultancy
MAL Consultancy
October 6, 2026
Full-time
On-site
INTRODUCTION
Our client, a real-time payment services company established under the National Payment System (NPS) Act, to address the challenge of inter-bank money transfers in the country and beyond, is seeking to onboard a Manager - Compliance.
JOB SUMMARY
The Manager - Compliance is responsible for leading regulatory compliance execution, AML/CFT/CPF operations, transaction surveillance, data protection and privacy governance, KYC/KYB oversight, regulatory horizon-scanning, compliance quality assurance, and related legal and regulatory advisory activities. S/he will work closely with both internal and external stakeholders and partners to there is effective AML/CFT/CPF & transaction surveillance, data protection, privacy & AI compliance, KYC/KYB & due diligence governance. The Manager - Compliance will be responsible for regulatory compliance & horizon scanning while also supporting operationalization and governance of the business Scheme Council. S/he will establish and maintain a compliance QA process across key business operations. The Manager - Compliance will also support legal and regulatory advisory activities relevant to business operations.
DUTIES & RESPONSIBILITIES
AML/CFT/CPF & Transaction Surveillance
Oversee daily transaction screening and PEP, sanctions, and adverse/negative-news monitoring
Supervise resolution of Level 2 sanctions and screening alerts
Review, validate, and track high-priority Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs)
Ensure applicable STR/SAR filings are appropriately prepared and submitted to the Financial Reporting Centre (FRC) and CBK
Regularly calibrate and test transaction-monitoring rules to improve detection effectiveness.
Monitor emerging financial-crime typologies and recommend appropriate control enhancements.
Data Protection, Privacy & AI Compliance
Conduct Data Protection Impact Assessments (DPIAs) for new products, tools, systems, and processing activities
Ensure compliance with the Data Protection Act, 2019, and coordinate applicable Office of the Data Protection Commissioner (ODPC) requirements and filings
Maintain appropriate privacy governance and data-processing controls
Establish governance controls for AI/ML models, including fairness, transparency, accountability, and explainability
Provide compliance oversight for automated decision-making and data-driven technologies
Support privacy-by-design principles across new products and systems.
KYC/KYB & Due Diligence Governance
Establish and execute enterprise-wide KYC and KYB onboarding and periodic refresh procedures.
Ensure participant and merchant onboarding applications are verified and risk-scored within defined turnaround times.
Maintain scheduled periodic due diligence refresh cycles.
Ensure high-risk relationships receive appropriate enhanced due diligence.
Verify Ultimate Beneficial Ownership (UBO), PEP involvement, corporate structures, licenses, and identification documentation.
Maintain an audit-ready centralized compliance repository.
Implement automated triggers for expiring licenses, identification documents, and risk-profile updates.
Regulatory Compliance & Horizon Scanning
Conduct regular regulatory horizon-scanning activities
Identify legislative and regulatory developments affecting payment operations
Assess regulatory changes and coordinate implementation of required control or policy changes
Maintain a centralized repository of regulatory requirements, legal precedents, and relevant compliance opinions.
Support management with regulatory interpretation and compliance advisory services.
Scheme Governance & Industry Dispute Management
Support operationalization and governance of the business Scheme Council
Monitor interbank dispute-resolution SLAs
Prepare compliance and risk governance packs for Scheme Council meetings
Conduct quality assurance reviews of interbank clearing and settlement message workflows
Monitor participant compliance with applicable scheme requirements.
Compliance Quality Assurance
Establish and maintain compliance QA processes across key operational activities
Conduct periodic compliance reviews and control testing
Identify control weaknesses and coordinate remediation
Maintain evidence and documentation required for internal, external, and regulatory reviews.
Track compliance issues through to closure.
Legal & Regulatory Governance
Support legal and regulatory advisory activities relevant to business operations
Maintain and develop a searchable Digital Legal Opinion Library
Support interpretation and implementation of applicable regulatory requirements
Collaborate with Legal, Risk, Operations, Technology, and other functions to resolve compliance matters.
Operational Excellence
Maintain knowledge of the compliance function and stay abreast with the latest practices, trends, and technologies
Model best practices in compliance operations and activities in order to ensure maintenance of quality performance
Update job knowledge by participating in conferences and educational opportunities, reading professional publications, maintaining personal networks, and participating in relevant professional associations
Maintain quality service and partnerships by establishing and enforcing company compliance policies, procedures, standards, and values
Put in place proper quality control checks and balances within each operational activity assigned to the function
Regularly report on key performance indicators (KPIs) for all compliance-led projects and operations, demonstrating progress towards established goals and identifying areas for improvement.
Any other duties as required.
EDUCATION, SKILLS, KNOWLEDGE & EXPERIENCE REQUIRED
Bachelor's Degree in Law, Compliance, Risk Management, Finance, Accounting, Business Administration, Information Systems, or any other relevant and/or related discipline
Professional qualifications in compliance, AML, risk, privacy, audit, or law is highly desirable
Relevant certifications such as CAMS, ICA Compliance, CIPP/E, CIPM, CISA, CIA, CPA/ACCA, or equivalent are desirable depending on the area of specialization
At least 7 years of relevant work experience in compliance, AML/CFT, regulatory affairs, data protection, risk, financial crime, or related functions
At least 3 years of work experience in a managerial or senior supervisory position
Experience within banking, payments, FinTech, financial services, or another regulated environment is highly desirable
Experience with AML transaction monitoring, KYC/KYB, regulatory compliance, and data protection
Experience dealing with regulators, auditors, law enforcement, or industry scheme stakeholders is an advantage
AML/CFT/CPF compliance and financial-crime risk management experience
Sanctions, PEP, adverse media, and transaction screening experience
Experience with STR/SAR review and regulatory reporting
Experience conducting KYC/KYB and Enhanced Due Diligence (EDD)
UBO and corporate-structure analysis skills
Data protection and privacy compliance as well as DPIA preparation and privacy risk assessment skills
Regulatory interpretation, horizon-scanning, compliance monitoring, testing, and QA skills
Experience with AI/ML governance and responsible automated decision-making controls
Strong understanding of regulatory obligations affecting payment and financial services
Proficiency with transaction-monitoring, KYC, screening, GRC, case management, and data analysis systems
Strong investigative and analytical skills
Excellent report writing and documentation skills
Strong stakeholder management and communication skills
Ability to exercise independent compliance judgment and escalate material issues
Strong attention to detail and ability to manage confidential information
Ability to work effectively across cross-functional teams (compliance, legal, technology, operations, risk, and business).
Our client, a real-time payment services company established under the National Payment System (NPS) Act, to address the challenge of inter-bank money transfers in the country and beyond, is seeking to onboard a Manager - Compliance.
JOB SUMMARY
The Manager - Compliance is responsible for leading regulatory compliance execution, AML/CFT/CPF operations, transaction surveillance, data protection and privacy governance, KYC/KYB oversight, regulatory horizon-scanning, compliance quality assurance, and related legal and regulatory advisory activities. S/he will work closely with both internal and external stakeholders and partners to there is effective AML/CFT/CPF & transaction surveillance, data protection, privacy & AI compliance, KYC/KYB & due diligence governance. The Manager - Compliance will be responsible for regulatory compliance & horizon scanning while also supporting operationalization and governance of the business Scheme Council. S/he will establish and maintain a compliance QA process across key business operations. The Manager - Compliance will also support legal and regulatory advisory activities relevant to business operations.
DUTIES & RESPONSIBILITIES
AML/CFT/CPF & Transaction Surveillance
Oversee daily transaction screening and PEP, sanctions, and adverse/negative-news monitoring
Supervise resolution of Level 2 sanctions and screening alerts
Review, validate, and track high-priority Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs)
Ensure applicable STR/SAR filings are appropriately prepared and submitted to the Financial Reporting Centre (FRC) and CBK
Regularly calibrate and test transaction-monitoring rules to improve detection effectiveness.
Monitor emerging financial-crime typologies and recommend appropriate control enhancements.
Data Protection, Privacy & AI Compliance
Conduct Data Protection Impact Assessments (DPIAs) for new products, tools, systems, and processing activities
Ensure compliance with the Data Protection Act, 2019, and coordinate applicable Office of the Data Protection Commissioner (ODPC) requirements and filings
Maintain appropriate privacy governance and data-processing controls
Establish governance controls for AI/ML models, including fairness, transparency, accountability, and explainability
Provide compliance oversight for automated decision-making and data-driven technologies
Support privacy-by-design principles across new products and systems.
KYC/KYB & Due Diligence Governance
Establish and execute enterprise-wide KYC and KYB onboarding and periodic refresh procedures.
Ensure participant and merchant onboarding applications are verified and risk-scored within defined turnaround times.
Maintain scheduled periodic due diligence refresh cycles.
Ensure high-risk relationships receive appropriate enhanced due diligence.
Verify Ultimate Beneficial Ownership (UBO), PEP involvement, corporate structures, licenses, and identification documentation.
Maintain an audit-ready centralized compliance repository.
Implement automated triggers for expiring licenses, identification documents, and risk-profile updates.
Regulatory Compliance & Horizon Scanning
Conduct regular regulatory horizon-scanning activities
Identify legislative and regulatory developments affecting payment operations
Assess regulatory changes and coordinate implementation of required control or policy changes
Maintain a centralized repository of regulatory requirements, legal precedents, and relevant compliance opinions.
Support management with regulatory interpretation and compliance advisory services.
Scheme Governance & Industry Dispute Management
Support operationalization and governance of the business Scheme Council
Monitor interbank dispute-resolution SLAs
Prepare compliance and risk governance packs for Scheme Council meetings
Conduct quality assurance reviews of interbank clearing and settlement message workflows
Monitor participant compliance with applicable scheme requirements.
Compliance Quality Assurance
Establish and maintain compliance QA processes across key operational activities
Conduct periodic compliance reviews and control testing
Identify control weaknesses and coordinate remediation
Maintain evidence and documentation required for internal, external, and regulatory reviews.
Track compliance issues through to closure.
Legal & Regulatory Governance
Support legal and regulatory advisory activities relevant to business operations
Maintain and develop a searchable Digital Legal Opinion Library
Support interpretation and implementation of applicable regulatory requirements
Collaborate with Legal, Risk, Operations, Technology, and other functions to resolve compliance matters.
Operational Excellence
Maintain knowledge of the compliance function and stay abreast with the latest practices, trends, and technologies
Model best practices in compliance operations and activities in order to ensure maintenance of quality performance
Update job knowledge by participating in conferences and educational opportunities, reading professional publications, maintaining personal networks, and participating in relevant professional associations
Maintain quality service and partnerships by establishing and enforcing company compliance policies, procedures, standards, and values
Put in place proper quality control checks and balances within each operational activity assigned to the function
Regularly report on key performance indicators (KPIs) for all compliance-led projects and operations, demonstrating progress towards established goals and identifying areas for improvement.
Any other duties as required.
EDUCATION, SKILLS, KNOWLEDGE & EXPERIENCE REQUIRED
Bachelor's Degree in Law, Compliance, Risk Management, Finance, Accounting, Business Administration, Information Systems, or any other relevant and/or related discipline
Professional qualifications in compliance, AML, risk, privacy, audit, or law is highly desirable
Relevant certifications such as CAMS, ICA Compliance, CIPP/E, CIPM, CISA, CIA, CPA/ACCA, or equivalent are desirable depending on the area of specialization
At least 7 years of relevant work experience in compliance, AML/CFT, regulatory affairs, data protection, risk, financial crime, or related functions
At least 3 years of work experience in a managerial or senior supervisory position
Experience within banking, payments, FinTech, financial services, or another regulated environment is highly desirable
Experience with AML transaction monitoring, KYC/KYB, regulatory compliance, and data protection
Experience dealing with regulators, auditors, law enforcement, or industry scheme stakeholders is an advantage
AML/CFT/CPF compliance and financial-crime risk management experience
Sanctions, PEP, adverse media, and transaction screening experience
Experience with STR/SAR review and regulatory reporting
Experience conducting KYC/KYB and Enhanced Due Diligence (EDD)
UBO and corporate-structure analysis skills
Data protection and privacy compliance as well as DPIA preparation and privacy risk assessment skills
Regulatory interpretation, horizon-scanning, compliance monitoring, testing, and QA skills
Experience with AI/ML governance and responsible automated decision-making controls
Strong understanding of regulatory obligations affecting payment and financial services
Proficiency with transaction-monitoring, KYC, screening, GRC, case management, and data analysis systems
Strong investigative and analytical skills
Excellent report writing and documentation skills
Strong stakeholder management and communication skills
Ability to exercise independent compliance judgment and escalate material issues
Strong attention to detail and ability to manage confidential information
Ability to work effectively across cross-functional teams (compliance, legal, technology, operations, risk, and business).