Job Description
Position: Senior Fintech Compliance Officer
Company: Mastercard
Location: Jowhar, Somalia
Experience: 7+ years
Education: Master’s Degree in Finance or Law
Employment Type: Full-time
Industry: Financial Services
Department: Risk and Compliance
Salary: 4,500,000 – 6,500,000 SSP
Vacancies: 1
Company Overview
Mastercard is a global leader in the payments and technology industry, driving innovation in digital transactions and financial inclusion across the world. As a cornerstone of the modern economy, we facilitate seamless, secure, and lightning-fast transactions for millions of users. Our mission is to connect and empower businesses and individuals through cutting-edge fintech solutions. In Somalia, we are expanding our footprint to support local economic growth and digital transformation. We are looking for top-tier talent to join our mission of building a more inclusive digital economy. If you are looking for career opportunities in Somalia, Mastercard offers a platform where innovation meets global impact. We are committed to excellence and integrity in every transaction we facilitate.
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Job Overview
The Senior Fintech Compliance Officer will play a critical role in ensuring that our digital payment solutions adhere to the highest standards of regulatory compliance and financial integrity. As the fintech landscape evolves, so do the complexities of anti-money laundering (AML) and know-your-customer (KYC) protocols. This role is designed for a strategic thinker who can navigate the intersection of technology and law. You will be responsible for designing and implementing robust compliance frameworks that protect our users and our reputation. This is a high-impact position within our Jowhar operations, contributing directly to the security of the regional financial ecosystem. Employment in Somalia with a global leader like Mastercard provides unparalleled professional growth and the chance to shape the future of digital finance in East Africa.
Key Responsibilities
- Develop and implement comprehensive compliance frameworks for digital payment platforms.
- Monitor real-time transactions to detect and prevent fraudulent activities and money laundering.
- Collaborate with the engineering team to integrate automated compliance checks into the software lifecycle.
- Conduct regular audits of internal processes to ensure alignment with international financial regulations.
- Provide expert guidance to product teams on regulatory requirements for new fintech features.
- Prepare detailed reports for senior management regarding risk exposure and mitigation strategies.
Required Skills
- Advanced knowledge of global AML, KYC, and CTF regulations.
- Strong analytical skills to interpret complex financial data and regulatory texts.
- Profibility in using fintech monitoring software and data analytics tools.
- Exceptional communication skills for interacting with cross-functional global teams.
- Strategic problem-solving abilities in a fast-paced, high-tech environment.
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Education
Candidates must possess a Master’s Degree in Finance, Law, Economics, or a related field. A professional certification such as CAMS (Certified Anti-Money Laundering Specialist) is highly preferred and will be considered a significant advantage during the selection process.
Experience
A minimum of 7 years of experience in financial compliance, regulatory affairs, or risk management is required. Proven experience within the fintech or digital banking sector is essential. You must demonstrate a track record of managing complex regulatory landscapes and implementing successful compliance programs in emerging markets.
Salary
The monthly salary for this position is competitive and ranges from 4,500,000 SSP to 6,500,000 SSP, depending on the candidate’s expertise and performance during the interview process.
Benefits
- Comprehensive health and wellness insurance package.
- Performance-based annual bonuses.
- Professional development and certification reimbursement.
- Flexible working arrangements and remote work options.
- Global networking opportunities within the Mastercard ecosystem.
Training
- Intensive onboarding program on Mastercard’s proprietary fintech tools.
- Continuous regulatory update workshops.
- Leadership development training for senior management tracks.
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Working Environment
The working environment is dynamic, tech-driven, and highly collaborative. You will work alongside software engineers, data scientists, and legal experts. While the role is based in Jowhar, you will frequently interact with global teams across different time zones, requiring a high degree of adaptability and self-management.
Application Process
Interested candidates should submit their updated CV and a cover letter detailing their relevant experience. All applications will be reviewed based on merit and technical competency. We are hiring in Somalia and look forward to reviewing your credentials.
Equal Opportunity Statement
Mastercard is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees regardless of race, religion, gender, or background. We encourage all qualified candidates to apply for this job vacancy in Somalia.