Senior Compliance Officer (AML)

About Lumepay

Lumepay is a high-growth fintech company building the next generation of payment infrastructure across Africa. Their mission is to make money movement seamless, inclusive, and scalable across borders. We operate at the intersection of financial innovation and real-world impact, empowering businesses and consumers with tools to thrive in a rapidly digitizing economy.

Role Overview

The Senior Compliance Officer will assist in implementing and maintaining the company’s compliance framework across all business lines, including financial services, crypto asset trading, and payments. The role involves conducting due diligence, transaction monitoring, and investigations while supporting broader regulatory, reporting, and policy initiatives. This is a Senior-level position offering exposure to multiple regulated environments.

Key Responsibilities

1. Compliance Operations

● Support the company’s compliance framework, ensuring adherence to regulatory requirements and industry standards across all business areas.

● Assist in implementing, maintaining, and updating compliance policies and procedures to align with evolving regulatory obligations.

● Maintain accurate and up-to-date compliance records and documentation.

2. KYC & Due Diligence

● Conduct Know-Your-Customer (KYC) checks on new clients and perform ongoing due diligence reviews on existing clients and counterparties.

● Review and verify KYC documentation during the onboarding process to ensure all required checks are completed prior to account activation.

● Support enhanced due diligence processes for high-risk clients or complex structures.

3. Screening & Monitoring

● Review and resolve customer screening alerts, including politically exposed persons (PEPs), sanctions, and adverse media matches.

● Monitor and analyse transactions for potential suspicious or unusual activity.

● Conduct investigations and assist in preparing and submitting Suspicious Transaction Reports (STRs) or Suspicious Activity Reports (SARs).

4. Investigations & Reporting

● Assist in investigating flagged accounts and responding to requests or inquiries from banks, counterparties, and regulatory authorities.

● Collaborate with fraud operations, banking, and payment partners to mitigate financial crime risks.

● Contribute to the preparation of internal and external compliance reports.

5. Regulatory Awareness & Collaboration

● Stay current with changes in AML, KYC, and financial services and payments regulations across relevant jurisdictions.

● Work closely with senior compliance and legal functions to ensure company-wide understanding and application of compliance obligations.

● Support the maintenance of relationships with payment, banking, and regulatory partners.