Business Compliance Manager at PalmPay

Location: Opebi-Ikeja, Lagos

Job Description

• Advise the business about how best to achieve new product launches from a regulatory / compliance perspective
• Complete regulatory and compliance research
• Write reports which explain the regulatory constraints, risks, and market conditions to communicate how we can successfully launch new services
• Work closely with internal stakeholders such as Commercial, Product, Operations and Technology to identify and mitigate the risks associated with the existing and new business
• Taking the lead from the Head of Compliance, build your network with external stakeholders to help us navigate regulatory and compliance changes for the new propositions
• On a proactive basis, review and document processes and procedures and assess the associated compliance risks
• Manage effective action plans in response to audit discoveries and compliance violations
• Support with compliance reporting - ensure all compliance reviews/reports are being performed timely, adequately, and appropriately documented
• Support the analysis and rendition of reports to our local regulators CBN, NFIU, NDIC etc
• Assist in the management of one or more compliance processes, reports, procedures, or products
• Execute processes and procedures within defined parameters
• Any other job that may be assigned by the Product Director or Head of Compliance.

Requirements

• A Bachelor's degree in (Statistics / Accounting / Banking & Finance / Mathematics / LLB / Science) or any related field
• Not less than three (3) years relevant experience in compliance role with at least two (2) years in the financial services industry
• Good Communication skills
• Attention to details
• Must be an active team player

You may be a good fit if you are:

• Analytical and thoughtful with a high level of attention to detail
• Structured in your working approach
• Able to break problems down into individual questions
• A collaborative teammate, happy to share knowledge and learn from others while working through complex problems

Ideally, you might also have had some previous experience of:

• Market analysis, strategy development and process development