Risk and Compliance Manager (Financial Technology Company)

About Company: Our client is one of the fast-growing Financial Technology companies in Africa.

Job Objective: The company is seeking to hire a forward thinking and innovative Risk and Compliance Manager to build and manage the company’s Regulatory and in-house compliance program and operations with the primary aim of mitigating regulatory and compliance risk.

The idea candidate will ensure that the company operates in a legal, regulatory and ethical manner while meeting business objectives.

Key Responsibilities:

Develop and implement an effective compliance program, liaising with the regulator to ensure the program adheres to regulatory and compliance standards.

Review the company’s documented Compliance policies, procedures, and codes of conduct; monitor compliance against Compliance framework.

Contribute to the design of Compliance strategy and plan, highlighting shortcomings and suggesting improvements in the current Compliance processes, systems and procedures.

Ensure the company is not exposed to undue risks by using risk management systems to achieve specific goals within designated areas of the business.

Develop and propose performance objectives; take appropriate actions to ensure achievement of agreed objectives, using the company’s performance management systems to improve personal performance.

Manage and report on Compliance team performance; set appropriate performance objectives for direct reports and hold them accountable for achieving these.

Develop training materials and conduct e-learning training on Compliance related activities to aid the understanding, adoption and seamless operation of AML/CFT, KYC, and other Compliance programmes.

Maintain and renew a deep knowledge and understanding of the company’s policies and procedures and of relevant regulatory codes and codes of conduct, and ensure adherence to required standards.

Identify within the company, patterns of non-compliance with Compliance policies and procedures, and with relevant regulatory codes of conduct, taking appropriate actions to escalate and resolve these issues.

Resolve complex compliance queries from internal or external customers or suppliers by providing information on policies and procedures.

Prepare and coordinate the completion of various data and analytics reports.

Requirements

Key Requirements

Bachelor’s degree in Engineering, Technology, Economics, Finance, Business or in any related field.

5+ years’ experience as a risk and compliance manager, preferably in the Banking/Financial sector.

Ability to help steer the company to balance innovation and growth with regulatory compliance.

Critical problem-solving skills.

Ability to thrive, adapt and embrace change in rapidly changing regulatory environments.

In-depth knowledge of regulatory requirements and guidelines in Nigeria.

In-depth Knowledge of regulatory requirements and controls in Anti-Money Laundering and Combating the Financing of Terrorism & Proliferation Financing (AML, CFT, CPF), Anti-Bribery and Corruption (ABC) etc.

Familiar with AML/CFT monitoring systems and related investigation processes and able to recommend technology solutions that would facilitate a seamless process implementation.

Benefits

Compensation - Base pay ranges BTW N700k – N800k Monthly net + Other interesting benefits