HoneyCoin is a pioneering B2B2C payment orchestration startup positioned at the forefront of international finance transformation. Our mission centers on redefining how people exchange value around the world by providing finance and product teams with comprehensive capabilities to make cross-border payments, run payroll, lend to borrowers, and manage all treasury operations in one unified platform.
Our platform serves as the critical infrastructure that enables businesses to navigate the complex landscape of international payments, multi-currency operations, and regulatory compliance across multiple jurisdictions.
With our expansion into Tanzania and the broader East African market, we are establishing a dedicated presence in Dar es Salaam to ensure full regulatory compliance with Tanzanian financial regulations and to support our growing client base in the region.
HoneyCoin is seeking a dedicated Junior Compliance Manager to join our expanding team in Dar es Salaam, Tanzania, and play a crucial role in ensuring our payment orchestration platform operates in full compliance with Tanzanian and East African financial regulations. This position is essential to HoneyCoin's successful expansion into the Tanzanian market, requiring deep knowledge of local regulatory requirements, strong analytical skills, and the ability to work collaboratively with our global compliance team.
As Junior Compliance Manager at HoneyCoin Tanzania, you will be responsible for implementing and monitoring compliance programs specific to the Tanzanian regulatory environment, including Bank of Tanzania (BOT) regulations, Anti-Money Laundering (AML) requirements, Know Your Customer (KYC) procedures, and foreign exchange regulations. You will work closely with our global compliance team, local regulatory authorities, and internal stakeholders to ensure that HoneyCoin's operations in Tanzania meet all applicable regulatory standards.
This role offers an exceptional opportunity to build compliance capabilities for a rapidly growing fintech company in one of East Africa's most dynamic markets. You will be instrumental in establishing HoneyCoin's regulatory framework in Tanzania while contributing to our mission of enabling seamless cross-border financial operations for businesses across the region.
The ideal candidate will have experience in financial services compliance, preferably within the Tanzanian or East African regulatory environment, with strong knowledge of payment systems regulations, AML/CFT requirements, and fintech compliance challenges. You will work in our Dar es Salaam office and collaborate closely with our Nairobi headquarters and international team members.
You will implement and maintain comprehensive compliance programs that ensure HoneyCoin's operations in Tanzania adhere to all applicable regulations including Bank of Tanzania guidelines, Payment Systems Act, Anti-Money Laundering Act, and other relevant financial services regulations. This includes developing compliance policies and procedures specific to the Tanzanian market, conducting regular compliance assessments, and ensuring that all business activities meet regulatory requirements.
A critical aspect of your role will involve implementing and managing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) programs in accordance with Tanzanian regulations and international best practices. This includes developing and maintaining customer due diligence procedures, transaction monitoring systems, suspicious activity reporting protocols, and staff training programs on AML/CFT requirements.
You will oversee Know Your Customer (KYC) procedures for Tanzanian clients, ensuring that customer identification, verification, and ongoing monitoring processes meet regulatory requirements and HoneyCoin's global standards. This includes developing risk-based customer due diligence procedures, managing enhanced due diligence for high-risk customers, and ensuring proper documentation and record-keeping for all customer onboarding activities.
You will prepare and submit required regulatory reports to Tanzanian authorities, including transaction reports, compliance reports, and other regulatory filings as required by the Bank of Tanzania and other relevant authorities. This includes maintaining accurate records of all compliance activities, preparing documentation for regulatory examinations, and ensuring timely submission of all required reports.
Given HoneyCoin's focus on international payment orchestration, you will ensure compliance with foreign exchange regulations, cross-border payment reporting requirements, and international sanctions programs. This includes working with our global compliance team to implement sanctions screening procedures, monitor cross-border transactions for compliance issues, and ensure proper reporting of international transfers.