Risk and Compliance Officer at pycs

Key Responsibilities


Ensure compliance with all applicable laws, regulations, and standards, including CBK, Communications Authority, FRC, PCI DSS, ISO 27001, Cards Schemes and GDPR requirements.
Oversee compliance with licensing obligations for fintech and microfinance operations, ensuring timely renewals and adherence to CBK and other regulatory frameworks.
Develop, implement, and maintain an effective risk management and compliance framework across payments and credit operations.
Conduct regular risk assessments and audits to identify, evaluate, and mitigate operational, credit, and compliance risks.
Monitor and report on compliance with AML/KYC requirements, including customer due diligence (CDD), enhanced due diligence (EDD), and sanctions screening.
Manage AML case investigations, maintain case logs, and escalate suspicious transaction reports (STRs) to the FRC and CBK within set timelines.
Oversee daily transaction monitoring to identify unusual, suspicious, or high-risk activity across payments and credit portfolios.
Support the development and enforcement of policies and procedures covering AML, KYC, credit risk, data protection, and information security.
Review and verify customer onboarding processes to ensure compliance with CBK credit and lending guidelines.
Maintain accurate records of compliance incidents, investigations, resolutions, and follow-up actions.
Liaise with regulators, auditors, and other external stakeholders during reviews, audits, or inspections.
Prepare and present regular risk and compliance reports to senior management, the Audit and Risk Committee.
Stay informed on regulatory developments, market trends, and emerging risks in fintech, digital lending, and payments.
Provide training and awareness sessions to staff on AML/KYC, transaction monitoring, credit compliance, and regulatory updates.
Support the onboarding process by leading compliance and security briefings for new employees.
Promote a strong culture of compliance, integrity, and ethical conduct across all departments.


Requirements

Qualifications and Experience


Bachelor's degree in Law, Finance, Risk Management, Information Security, or a related field.
Professional certifications such as CISA, CISM, CRISC, CAMS, or ISO 27001 Lead Implementer/Auditor are an added advantage.
Minimum of 5 years' experience in compliance, risk management, or AML/KYC within fintech, microfinance, banking, or digital lending sectors.
Strong understanding of CBK regulations, AML/KYC standards, FRC reporting requirements, credit compliance, and licensing processes.
Proven experience with transaction monitoring systems, AML case management, and regulatory reporting.
Excellent analytical, communication, and report-writing skills.