• Application Deadline:
• Position: Risk and Compliance Head


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 7 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

​​​​​​​DUTIES/RESPONSIBILITIES

Key Responsibilities:

• Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements across the organization.


• Developing the annual compliance work plan that reflects the organization’s unique characteristics.


• Reviewing, drafting, negotiating, and structuring a broad range of commercial contracts, including but not limited to SLAs, IT services agreements, such as Cloud and SaaS arrangements, intragroup arrangements, partnership agreements and other ancillary business agreements.


• Work closely with the Group businesses and the Sales Team at various stages of the contracting process. This includes:
  
  
  
  • Supporting the pre-contracting process, e.g., inputting and reviewing RFIs and RFPs in line with contracting guidelines and best practices.
  
  
  • Preparing contract summaries, risk reports and stakeholder briefing documents.
  
  
  
  


• Develop integrated relationships and credibility with key members of businesses and across Group functions.


• Liaise with and manage relations with relevant stakeholders (including business/tech / HR /marketing colleagues) to deliver a high standard of advice, acting as the initial point of contact/support and trusted adviser.


• Provide risk management advice to the business.


• Ensure governance practices and monitor the effectiveness of controls.


• Create and constantly review the organization's Compliance rule book to ensure all regulatory and reporting requirements are adhered to.


• Sensitize customer-facing units on proper Customer Onboarding processes and AML/CFT Controls in line with the CBN provisions and Global Best practices.


• Develop and implement policies and procedures across all business units to address the company’s objectives and regulators' direction.


• Conduct compliance audits and prepare reports to the management and Board/Board Committee.


• Communicate with regulators, auditors, and other stakeholders to ensure compliance with financial regulations and resolve any compliance issues that may arise.


• Maintain records of compliance activities including regulator audits, outcomes of investigations and training brochures.


• Monitoring Financial services spaces, stay up to date with regulatory changes and ensuring the business is promptly aware of the opportunities or risk exposures.

Qualifications and Skills:

• Extensive experience (minimum 7 years) in the financial services industry, with a focus on microfinance or banking.


• Proven track record in senior leadership roles, with experience in strategic planning, financial management, and risk management.


• Strong understanding of microfinance operations, regulations, and industry best practices.


• An in-depth understanding of the financial services industry or demonstrable wide-ranging commercial experience.


• A business-oriented lawyer with the breadth of experience to cover a broad base of legal and commercial issues across a variety of Group businesses.


• Ability to think strategically and creatively and view legal issues in their wider context and advise accordingly.