Spending and Investing in Africa should not require endless paperwork & brain numbing bureaucracy. We created straitPay to invite financial prosperity in all areas of Africa's economic growth.
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We are looking for a Legal and Compliance Manager to ensure that the organization operates within the legal and regulatory frameworks of the financial industry.
You will be responsible for overseeing legal matters, managing regulatory compliance, mitigating risks, and ensuring best practices in governance.
Job Description
Review & draft of all policies on company website and mobile app
Review & draft of all terms and conditions on website and mobile app (in line with relevant regulatory provider)
VISA card application support - including relevant policies & completing forms
Safeguardaccount applications - supporting the entire legal & compliance processes (UK bank, European Union, Canada/US banks etc)
Wolfsburg policy
AML procedure for all business operations - improving and documenting them accordingly
Third party compliance and risk templates
Client onboarding & full risk assessment recommendations
EnhanceDD policies
Company secretary functions including managing UBO, ID of Directors, and review of all policies
Review of all 3rd party vendor contracts and organising legal file
Ownkey legal templates (e.g. NDA, MOU, JV, etc)
Responsibilities
Develop and implement policies to ensure compliance with financial regulations in jurisdictions such as Africa, North America, Europe, and other relevant jurisdictions.
Monitor and interpret regulatory changes, advising leadership on necessary actions.
Oversee licensing and regulatory reporting requirements.
Manage contracts, agreements, and legal documentation to protect the company’s interests.
Conduct risk assessments and ensure adherence to anti-money laundering (AML) and data protection laws.
Draft, review, update, and maintain relevant policies expected of a financial institution.
Serve as the primary liaison with regulatory bodies, legal counsel, and external stakeholders.
Provide legal guidance on new product development, partnerships, and strategic initiatives.
Support internal teams with compliance training and awareness programs.
Handle disputes, litigation, and regulatory audits when required.
Requirements
A Bachelor's Degree in Law, Compliance, or a related field; professional certifications (e.g., ICA, ACAMS) are a plus.
5+ years of experience in legal and compliance roles, preferably in fintech, banking, or financial services.
Willingness to study and learn about relevant financial regulations in African, North American, and European markets.
Strong knowledge of financial regulations in various markets.
Experience in risk management, AML, data protection, and corporate governance.
Excellent contract negotiation and drafting skills.
Ability to work independently and communicate complex legal concepts clearly.
Strong attention to detail and problem-solving skills.
Gmail
Yahoomail