PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we are building a digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.
Operating in Nigeria, Ghana, Tanzania, Bangladesh, Pakistan, and the Philippines, PalmPay has been recognised by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times’ Africa’s Fastest Growing Companies 2025 list.
Position OverviewPalmPay is seeking a detail-oriented Compliance Specialist to support regulatory compliance, risk management, and internal control functions for its Bangladesh operations. The role focuses on ensuring adherence to Microcredit Regulatory Authority (MRA), Bangladesh Bank, and AML/CFT requirements, while supporting compliance monitoring across fintech and lending operations.
Key ResponsibilitiesRegulatory Monitoring & ComplianceMonitor, interpret, and maintain updates on circulars, guidelines, and instructions issued by MRA and Bangladesh Bank.
Maintain a centralized repository of all regulatory updates, notices, and compliance requirements.
Ensure internal policies and operational practices align with applicable laws and regulations.
Conduct due diligence on prospective MFI, NGO, and NBFI partners, including review of:
Regulatory licenses
Audit reports
Tax filings
Governance and ownership structures
Prepare due diligence reports and compliance risk assessments.
Conduct periodic compliance and regulatory risk assessments.
Prepare compliance reports for management review.
Identify compliance gaps and recommend corrective and preventive actions.
Support implementation and monitoring of AML/CFT controls, including:
KYC and Customer Due Diligence (CDD)
Sanction and screening processes
Transaction monitoring frameworks
Ensure familiarity and alignment with BFIU, MRA, and relevant AML regulations.
Support investigations into compliance breaches and assist in remediation planning.
Assist in maintaining updated compliance manuals, policies, and internal audit checklists.
Support internal and external audits related to compliance and regulatory matters.
Bachelor’s or Master’s degree in Finance, Law, Accounting, or Business Administration.
Professional certifications such as CAMS, CIA, or equivalent will be considered an added advantage.
3–5 years of hands-on experience in the MFI, NGO, fintech, or financial services sector.
Prior experience in Compliance, Internal Audit, or Risk Management roles is mandatory.
Practical experience with AML/CFT frameworks, including KYC, CDD, screening, and regulatory reporting.
Strong understanding of MRA Rules, Money Laundering Prevention Act, and related regulations.
Familiarity with BFIU reporting requirements and regulatory compliance practices.
Comfortable working with fintech platforms, compliance systems, and screening tools.
Strong analytical, documentation, and reporting skills.
High attention to detail and strong ethical standards.
Competitive salary
Festival bonuses
Career growth opportunities in a multinational fintech organization
Professional learning and regulatory exposure
Top Skills
What We Do
PalmPay is building the financial superapp for Africa
