Senior Compliance Manager at Fezotech Financial Services

Job Duties

• Compliance Oversight: Lead and oversee the end-to-end compliance management framework of the MFB, covering regulatory reporting to the Central Bank of Nigeria (CBN) and other relevant agencies, compliance staffing, internal control reviews, periodic audits, and full adherence to applicable Nigerian laws, CBN Guidelines, and other supervisory requirements.
• AML/CFT & Fraud Prevention: Direct the compliance team in developing, implementing, and monitoring robust Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Anti-Fraud programs, ensuring the MFB's operations fully comply with the Money Laundering (Prevention & Prohibition) Act, CBN AML/CFT Regulations, and other relevant financial crime compliance obligations.
• Compliance Monitoring: Establish and maintain a structured program for identifying, monitoring, and assessing compliance risks, including periodic compliance reviews, internal audits, and regulatory risk assessments, with documented findings and remediation plans.
• Regulatory Relationship Management: Serve as the primary contact point for all compliance-related matters with CBN, the Economic and Financial Crimes Commission (EFCC), the Nigerian Financial Intelligence Unit (NFIU), the Nigeria Deposit Insurance Corporation (NDIC), and other relevant authorities; maintain strong, cooperative, and transparent relationships to facilitate a favorable and compliant operating environment.

Requirements

• Bachelor's Degree or above in Law, Finance, Risk Management, or a related discipline; relevant professional certifications are an added advantage.
• Minimum of 10 years' proven experience in compliance management within a regulated financial institution, with significant exposure to Microfinance Banks (MFBs) or microfinance operations preferred.
• In-depth knowledge of Nigerian financial regulations, supervisory frameworks, and regulatory reporting requirements.