The Licensing & Regulatory Projects Manager at Simpaisa will ensure that all business activities adhere to regulatory requirements in each jurisdiction where Simpaisa operates, including those relating to Anti-Money Laundering (AML), Know Your Customer (KYC), data privacy laws, and other applicable Acts & Regulations. This function will manage and execute end-to-end regulatory licensing and registration projects for new and existing markets, while coordinating internal compliance-readiness for regulatory examinations, filings, and license conditions.
Key Responsibilities
§ Lead licensing/Authorizations Initiates
- Lead licensing and registration processes across target jurisdictions, including preparing application packs with support of relevant internal stakeholders, liaising with legal advisors, and submitting to regulatory bodies. Ensure timely progress on regulatory approvals to enable smooth market entry and product launch timelines.
§ Coordinate with internal stakeholders to gather documentation and fulfill regulatory requirements
- Act as central coordinator to compile and validate all required documentation (e.g., business models, policies, IT architecture, risk assessments, AML/CFT frameworks) by working cross-functionally with Product, Legal, Risk, and Compliance teams. Translate regulatory requirements into internal action plans and ensure all submissions meet jurisdiction-specific standards.
§ Maintain a dashboard of regulatory obligations, license statuses, and timelines
- Develop & maintain real-time tracking system that includes status of ongoing applications, renewal dates, post-licensing obligations, and deadlines.
- Prepare clear and updated view of Simpaisa’s regulatory footprint and upcoming compliance actions.
§ Support post-licensing engagement, such as regulatory reporting, audits, and inspections
- Assist in fulfilling ongoing obligations post-authorization, including preparation & submission of regular reports, responses to supervisory queries, and readiness for onsite or desk-based audits.
- Coordinate internal stakeholders to ensure accurate and timely reporting aligned with license conditions.
§ Ensure alignment of new market entry initiatives with regulatory frameworks and local compliance
- Conduct preliminary regulatory due diligence for new countries, ensuring proposed product offerings comply with local laws and licensing thresholds.
- Prepare guiding notes for business team on regulatory gaps, risks, and prerequisites for operating legally in the new market.
Key Performance Indicators (KPIs):
1. Percentage of successful regulatory audits with no major non-compliance findings.
- Timeliness and accuracy of regulatory filings.
- Reduction in compliance risks identified through proactive monitoring .
- Number of internal training sessions conducted on compliance topics.
- Feedback from stakeholders on the effectiveness of compliance communication and reporting.
Key Qualifications:
- Education: Bachelor’s degree in Law, or Master in Public Policy, Business, Economics, Finance, or a related field. Certification in relevant fields like AML, KYC are preferred.
- Experience: 3+ years of experience in regulatory affairs, compliance, or legal analysis, preferably in the fintech or financial services industries. Understanding of FinTech related Central Banking Regulations is preferred.
Job Type: Full-time
Work Location: In person