PalmPay

Compliance Specialist

Posted 8 Days Ago

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Dar es Salaam, Kinondoni, Dar es Salaam

In-Office

Mid level

Fintech • Payments • Financial Services

The Role

The Compliance Specialist ensures adherence to laws and regulations, monitors compliance processes, conducts audits, advises on risk strategies, and develops training programs.

Summary Generated by Built In

Palmpay is a Pan-African fintech company currently operating in Ghana, Uganda, Nigeria and expanding to other markets in Tanzania. We are reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online. We are seeking for a proactive and results-driven Compliance Specialist will ensure that an organization adheres to all applicable laws, regulations, and internal policies. This role involves monitoring compliance processes, conducting audits, providing training and advising management on risk mitigation strategies. The specialist acts as a bridge between regulatory requirements and operational execution.
Key Responsibilities
Regulatory Compliance

Monitor and interpret relevant laws, regulations and industry standards.
Ensure company policies and procedures align with regulatory requirements.
Prepare and submit compliance reports to regulatory authorities.

Risk Management

Identify potential compliance risks and propose mitigation strategies.
Conduct internal audits and investigations to detect non-compliance.
Maintain risk registers and track corrective actions.

Policy Development

Draft, update and implement compliance policies and procedures.
Collaborate with departments to integrate compliance into daily operations.

Training & Awareness

- Develop and deliver compliance training programs for employees.
- Promote a culture of ethical conduct and regulatory awareness.

Monitoring & Reporting

- Maintain compliance documentation and records.
- Report compliance issues to senior management and recommend solutions.
- Track regulatory changes and communicate updates to stakeholders.

Qualifications

Bachelor’s degree in Law, Business Administration, Finance or related field.
Professional certifications (e.g., Certified Compliance & Ethics Professional (CCEP), Certified Regulatory Compliance Manager (CRCM)) preferred.
2–5 years of experience in compliance, risk management or auditing in fintech and banking industry.
Excellent analytical, communication, and problem-solving skills.
Ability to work independently and collaboratively across departments.
Must be Tanzanian.