Busha Digital LTD is one of Africa’s leading digital asset platforms. We are on a mission to onboard millions of Africans into the crypto economy, building software and services that will enable our users to experience the blockchain-enabled future of finance. Our customers are at the center of everything we do, and we are obsessed with creating a pleasant experience throughout their entire crypto journey.
The Compliance Officer role is crucial for ensuring that Busha’s virtual asset operations are fully compliant with local and international regulatory requirements. This position will primarily focus on risk management, Anti-Money Laundering (AML)/Counter-Financing of Terrorism (CFT) controls, transaction monitoring, customer due diligence, and operational compliance within the fast-evolving digital financial services space. You will work closely with cross-functional teams to build robust compliance frameworks and processes that protect the business while enabling growth.
Key Responsibilities
- Oversee the end-to-end customer onboarding process for retail and corporate clients, including KYC, KYB, AML/CFT checks, sanctions screening, and enhanced due diligence where necessary.
- Coordinate and respond to requests from regulators, law enforcement agencies, and industry bodies.
- Support the licensing and renewal process(es) as may be applicable to Busha.
- Implement and maintain transaction monitoring systems to detect suspicious activities, unusual patterns, and financial crime risks.
- Conduct ongoing compliance reviews, including periodic KYC updates, ongoing monitoring, and risk re-assessments.
- Lead financial crime investigations, including fraud, sanctions breaches, and suspicious transaction reports (STRs).
- Develop and implement compliance frameworks, policies, and procedures aligned with applicable Bank guidelines, the Anti-Money Laundering Act, and global best practices for virtual assets.
- Monitor regulatory developments and relevant international jurisdictions, ensuring Busha stays ahead of emerging compliance requirements.
- Collaborate with Product, Operations, and Support teams to embed compliance into processes and deliver a smooth but compliant customer experience.
- Conduct internal compliance audits, risk assessments, and periodic testing of systems and controls.
- Promote a culture of compliance across the organisation through training, awareness, and regular communication.
Qualifications & Skills
- Education: Bachelor’s degree in Law, Economics, Finance, Business, or a related field.
- Experience: 3+ years experience in compliance, risk, or AML/CFT roles within fintech, payments, banking, or virtual assets.
- Regulatory Knowledge: Strong understanding of Kenya’s regulatory landscape for fintech, payment service providers, and virtual asset service providers.
- Technical Expertise: Hands-on experience with KYC/KYB, transaction monitoring, sanctions screening, and STR/SAR filing.
- Industry Knowledge: Knowledge of FATF guidelines, VASP compliance requirements, and financial crime typologies in the digital assets space.
- Soft Skills: Excellent analytical skills, attention to detail, and ability to work in a fast-paced environment. Strong communication and stakeholder management skills.
.jpg){kind=logo}