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  • Posted: May 7, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Africa has millions of payments everyday day, but very few happen online. In Nigeria, just about 1% of transactions happen online. There are many barriers businesses have to face to accept payments online and that’s what Paystack is fixing. We're making progress. We've simplified the previously difficult customer experience, reduced integration time...
    Read more about this company


    Senior Counsel, Nigeria

    About the Role

    • Our team is looking for a Senior Counsel with experience in the payments and/or finance industry and preferably years of experience in an African law firm.
    • You will be part of the team that works to ensure that Paystack’s products and business operations comply with laws, ethics, and best practices in legal, compliance, and regulatory matters.
    • The successful candidate must be able to work with a wide range of teams, including fraud/disputes, human resources, finance, sales, products, engineers, and customer support, and provide pragmatic advice and guidance to build sustainable growth.
    • The role will report to the Legal and Regulatory Lead. Ideally, the candidate should be based in Nigeria with the ability to travel when required.

    What you'll do

    • Work with the legal, regulatory, and compliance team to proactively identify the company’s obligations based on financial/payment rules and regulations.
    • Assist with drafting and amending contractual templates and precedents for Paystack’s teams and business partners e.g., indemnity letters, non-disclosure and confidentiality agreements, various categories of merchant services agreements, electronic processing agreements with telcos or mobile money operators, web aggregator agreements and HR-related contracts.
    • Assist with license applications and regulatory approvals which may arise from time to time depending on the company’s plans and advise the board on appropriate approach and strategy based on knowledge dealing with regulators.
    • Work with external counsel in multiple jurisdictions to draft and review a wide variety of commercial contracts, policies, and procedures and provide practical, business-oriented advice to the Paystack team.
    • Drive communication between the teams at Paystack and external counsel to conclude transactions, opinions, and legal reviews promptly. Consider risks from a variety of angles to achieve compliant solutions.
    • Advise on potential litigation matters (civil & criminal) that should be directed to external counsel and initiate and pursue legal proceedings on behalf of the Company with the assistance of external counsel
    • Organize and attend Board Meetings, prepare minutes, and liaise and maintain correspondence with the Company Secretary to ensure timely statutory filings
    • Work with the compliance team to translate obligations into policies and procedures to be communicated and implemented across the organization.
    • Represent Paystack at meetings with regulators and work with the regulatory team to establish relationships that align with our objectives and ensure an open line of communication with regulators.
    • Work with the legal team to assess changes made to Paystack’s products and services and determine any regulatory impact on existing market operations.
    • Support knowledge and education across the organization to ensure compliance with policies and procedures. This will entail working with HR and the legal team.

    Who You Are

    • You have at least 8 years of experience in a legal or compliance function, advising clients on day-to-day legal matters as a qualified lawyer.
    • Your knowledge of the finance and/or payment industry is well-established.
    • You must be forward-thinking and able to advise management on anticipated issues.
    • You have interpersonal skills, specifically, you will be able to connect with a variety of internal and external stakeholders and customers from varying disciplines and cultures.
    • Your strong sense of initiative and self-motivation will add value to a fast-growing business.
    • Strong writing and verbal communication skills with the ability to convey legal advice clearly and synthesize complex legal issues.
    • Proven ability to research, interpret, and summarize legal requirements in easily understood terms; and determine the regulatory impact of such requirements to business initiatives.
    • Capable of handling multiple assignments simultaneously and under tight deadlines.
    • French would be an advantage, but not required.


    • Competitive salary
    • MacBook Pro
    • Health Insurance
    • Hybrid Working
    • Smart, kind colleagues who’re invested in your growth

    go to method of application »

    Enterprise Risk Lead

    About the Role

    • We are looking for a driven, forward-looking and experienced Enterprise Risk Lead with in-depth knowledge of Enterprise Risk and a love for data, technology, and innovation.
    • You will be part of the Risk and Compliance team, the second-line team that ensures risks are identified, assessed, managed and monitored in accordance to the company’s risk appetite. The team also works to ensure that Paystack’s products and business operations comply with laws, ethics and best practices.
    • This broad role will help develop and drive processes for our Global Risk Management Framework across all Paystack jurisdictions.
    • The role will report to Paystack’s Head of Risk & Compliance.

    What you’ll do

    • Support the Head of Risk & Compliance in Embedding and enhancing the global risk management framework across Paystack to ensure risks are properly identified, assessed, managed and controlled.
    • Work closely with teams, risk champions, Risk DRIs (Direct Responsible Individuals) and the first line of defence across all business units within Paystack, acting as an Enterprise Risk SME, providing coaching and training where required.
    • Represent risk in all product-related conversations, pulling in relevant risk DRIs for assessments where needed.
    • Define risk-mitigating controls and procedures considering your analysis of the Financial Services environment in all applicable jurisdictions;
    • Responsible for coordination of reports across risk and opportunities, engaging with the business to ensure timely updates and reporting.
    • Support the Head of Risk & Compliance in reporting to relevant board risk Committees and preparation of monthly, quarterly and annual reports to Paystack’s senior management;
    • Work with risk owners to enhance or establish Key Risk Indicators across Paystacks identified operational risks and monitor reporting. Ensuring data is scrutinized and escalated appropriately.
    • Monitor incidents reported, ensuring root causes are identified and actions undertaken to improve the risk and control environment
    • Provide necessary training at Paystack and its first line of defence to ensure risk awareness and compliance; and promote a positive risk culture across Paystack
    • continuous support to ensure that risk and control owners understand their roles and responsibilities, and execute their responsibilities effectively as assigned/accountable owners;
    • Draft enterprise-wide risk policies and procedures and maintain our risk register;
    • Lead and guide the (future) members of your team to address all required risk areas, including but not limited to, Strategic, Fraud and Operational Risk;
    • Work with our data analysts and define and manage core metrics to establish a reliable database for your ongoing analyses.
    • Have a keen understanding of AML-CFT Risks and serve as a compliance officer in relevant jurisdictions.

    What it takes to succeed at this role:

    • 7 years of risk management and at least 4 years in a senior operational or enterprise risk role in a regulated financial technology, payments and acquiring space;
    • Product risk and compliance assessment experience;
    • Exposure to Risk & Control Self-Assessment, Control testing, Scenario analysis, Risk monitoring and KRIs
    • Preparation of risk reports and intelligence data for different audiences
    • Exposure to various regulatory, payment and card scheme rules and regulations;
    • A good understanding of financial technology products and solutions and the regulatory and legal environment in which they operate;
    • A solid background in enterprise-wide risk management and the confidence to build and operate a holistic risk function across various jurisdictions;
    • Proficiency in data analysis tools e.g MS Excel
    • Strong organisation and project management skills with the ability to work well on both long and short-term projects.
    • Excellent written and oral communication skills.

    The person we want to hire for this role will also be:

    • A team player who is willing to pitch in where needed in a fast-paced, growing company.
    • Decisive, and capable of making smart decisions in the face of ambiguity and imperfect information.
    • An exceptionally hard/smart worker, capable of getting things done.
    • Passionate about Paystack’s mission of helping businesses grow and thrive.
    • Required to travel frequently to countries where Paystack is active.
    • Minimum education: Bachelor's degree in Engineering, Technology, Economics, Finance, Business or similar;
    • Desired, but not required additional education: relevant and accredited certifications.

    go to method of application »

    Senior Sales Executive

    About the Role

    • As a Senior Sales Executive, you are an individual contributor tasked with executing on our go-to-market strategy in a field sales capacity. You’ll execute outbound sales campaigns across target sectors in an assigned territory with the goal of delivering on an annual quota.
    • You’ll be accountable for building and managing a pipeline of business by running a full sales cycle across multinational enterprises, growth and early stage startups, local corporates and high growth SMEs.
    • You’ll be required to establish relationships with Champions of Paystack within each prospect account, and serve as the directly responsible individual for sales engagements with Paystack.
    • In summary, you will identify new business opportunities and work to close these to increase Paystack’s market share and adoption within your territory.
    • In terms of profile: You are an adept salesperson seeking to build a long-term career in sales. You are capable of engaging in business conversations with C-level executives, and also comfortable having high-level technical conversations with relevant stakeholders. You have an understanding of the buyer journey and can lead relatively long, multi stakeholder deals in a highly consultative manner.
    • You understand how to communicate value to differentiate competing product offerings and enjoy working on products that require deep product knowledge, combined with technical knowledge.
    • We’ve pioneered a new era of simple, powerful, financial technology tools for businesses in Africa. And as we prepare for a period of accelerated growth, we are looking to you to help generate and convert a healthy pipeline of some of the best businesses on the continent.
    • And you’ll do all this while working closely with a tight-knit team of creative problem solvers who’ll value you, give you the opportunity to meet high expectations, and who’ll actively create a supportive, nurturing space within which to accelerate your career.
    • This full-time role is based in Country and reporting directly to the Head of Sales.

    What You'll Be Doing
    As a Sales Executive, you'll:

    • Draft and execute a Territory and Pipeline reconciliation plan, which captures your strategy for executing a demand-generation campaign to identify, engage and close new business for Paystack within target sectors
    • Manage the sales cycle from pipeline generation to close, for multinational enterprises, growth and early-stage startups, local corporates and SMEs, to deliver on an annual revenue quota (target)
    • Receive qualified inbound opportunities and take ownership of these, qualifying and closing them
    • Build and maintain relationships with key stakeholders and operational teams both within and outside Paystack
    • Report pipeline and sales activity data in a CRM to provide visibility into your book of business and guidance on your forecast
    • Support product development and cross functional initiatives as needed to enhance Paystack’s offering and value proposition.

    What it takes to succeed at this role

    • 7 - 10 years experience in Sales or Business Development in Payments or technology, with Quota responsibility, and a track record of top performance in meeting set objectives
    • Able to understand complex technical requirements and craft solutions across multiple products
    • Ability to build a book of business within an assigned territory, and consistently deliver on quarterly and annual targets from outbound sales efforts
    • Strong ability to drive sales engagements in a fast-changing environment, sustaining focused conversations to achieve a clear objective.
    • Able to build trust and credibility by providing accurate information and guidance to prospects regarding Paystack’s products and solution capabilities
    • Strong presentation skills, particularly for in-person meetings with multiple stakeholders
    • Excellent communication skills encompassing verbal, written and presentation skills
    • Ability to operate in a highly ambiguous and fast-paced environment
    • Strong interest in technology
    • While this is NOT strictly required, it would be a plus if you:
    • have previous experience in the banking, payments, or the payment cards industry.


    • Competitive salary
    • MacBook Pro
    • Health Insurance
    • Hybrid Working
    • Smart, kind colleagues who’re invested in your growth

    go to method of application »

    Compliance Senior Lead

    About the Role

    • We are looking for a forward thinking and innovative Compliance Lead to work with other members of the compliance team to build and manage our Regulatory and in-house compliance program, including AML/KYC/CFT, ABC and FC compliance program and operations with the primary aim of mitigating regulatory and compliance risk.
    • Working with Paystack's Head of Compliance and Risk in the management of Paystack’s compliance functions and creating strategies and policies to make sure Paystack is compliant with regulations across the different jurisdictions of operations and board approved polices.
    • Your goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.

    What you'll do

    • Develop and implement an effective regulatory compliance program.
    • Create sound internal controls and processes and monitor adherence to them.
    • Proactively audit processes, practices and documents to identify weaknesses and revise procedures, reports etc. periodically to identify hidden compliance risks or non-conformity issues
    • Evaluate business activities to assess compliance risk and recommend changes to ensure compliance with relevant regulations and internal rules.
    • Developing, overseeing and understanding control systems to prevent or deal with violations of regulatory regimes in multiple African jurisdictions.
    • Master a deep understanding of the rules and regulations governing each market in which we operate, including monitoring any changes and developments
    • Design and implement relevant compliance processes including know your customer (KYC), anti-money laundering (AML), sanctions and combatting the financing of terrorism (CFT) across multiple jurisdictions.
    • Design, execute, and manage enterprise-wide and product-specific AML/CTF policy, procedures, risk assessments, and country risk ratings across jurisdiction of operation.
    • Develop an effective and fully functional compliance operations team, including but not limited to KYC operations, quality assurance, STR monitoring and reporting
    • Oversee the gathering of internal information to meet external regulatory reporting obligations
    • Coordination of regulatory exams in different jurisdictions.
    • Ensure the fulfillment of all record keeping requirements
    • Investigate irregularities and non-compliance issues
    • Act as a point-of-contact for all employees on issues relating to money laundering, terrorist financing and receive reports on non-compliance with laws or company policies
    • Serve as the compliance officer in Nigeria and a key stakeholder of the Risk & Compliance team in the prevention of money laundering and terrorist financing,.
    • Work closely with other compliance officers or serve as a compliance officer in relevant jurisdictions.
    • Oversee the development and manage the AML CFT/ financial crimes compliance function.
    • Thoroughly embed the compliance culture across Paystack including regular trainings on compliance matters such as: AML/CFT, Sanctions, ABC and rendering training reports to the relevant regulatory authorities and the board.
    • Monitor AML/CFT and fraud trends, intelligence, typologies, and regulatory developments; and make recommendations to innovative, implement or improve transaction controls and/or monitoring programs accordingly.
    • Collaborate with key stakeholders in the Legal, Regulator, Risk and Compliance teams as where required with the Paystack's growth to articulate concerns around compliance and AML/CTF issues and processes.
    • Centralise interaction and communication with country Financial Intelligence Units.
    • Design and manage the Global Anti-Money Laundering Questionnaires and Supplement Guides.
    • Design and oversee the Global Financial crime operations.
    • Review all CDD (Customer Due Diligence) reports or escalations provided by the KYC operations or quality assurance and check for completeness and probe for further information or follow up action as is required.
    • Coordinate the collection of management information and statistics.
    • Responsible for the coordination of compliance reports across the different jurisdictions.
    • Support the Head of Risk & Compliance in reporting to relevant board risk Committees and preparation of monthly, quarterly and annual reports to Paystack’s Senior Management and regulatory bodies, where applicable.

    Nice to Haves:

    • Master's Degree in either Economics / Business / Law (preferred)
    • Relevant course, done through ICA (International Compliance Association)
    • Pan African Experience
    • ACAMS certification.

    What it takes to succeed at this role:

    • 7+ years in a senior compliance and risk role in a pan-African financial institution.
    • Experience in payments/financial services
    • Excellent sense of judgment – able 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.

    The person we want to hire for this role will also be:

    • A team player who is willing to pitch in where needed in a fast-paced, growing company.
    • Decisive, and capable of making smart decisions in the face of ambiguity and imperfect information.
    • An exceptionally hard/smart worker, capable of getting things done.
    • Required to travel frequently to countries where Paystack is active.
    • Minimum education: Bachelor's degree in Engineering, Technology, Economics, Finance, Business or similar;
    • The ability to speak an additional language such as French or Arabic is an added advantage.

    go to method of application »

    Payroll Specialist - Africa and Europe

    Job Description

    • This is an exciting time to join Paystack and make a personal difference in the African employment space as a Payroll Specialist, joining our African Operations team.
    • In your role, you will be owning the employee payroll cycle and employment statutory compliance in multiple countries that we operate in and ensuring compliance with all the statutory requirements in Africa and Europe.
    • You will be reporting to the Finance Operations Lead and will be working from Nigeria.

    Key Responsibilities

    • Liaise with Payroll service providers in the preparation of payroll and statutory filing requirements.
    • Maintain and update employee payroll records, including tax and benefit deductions.
    • Prepare and file payroll-related tax reports in accordance with local laws and regulations.
    • Conduct regular audits of payroll systems to ensure compliance with legal and regulatory requirements.
    • Manages existing relationships with payroll, accounting and benefits service providers.
    • Reconciliation of PAYE, Pension and other statutory remittances with respective Payroll providers
    • Responsible for ensuring full data integrity and confidentiality.
    • Manage and resolve any payroll-related issues or disputes.
    • Ensure compliance with all relevant laws, regulations, and policies related to payroll and employee benefits.
    • Communicate effectively with employees and management regarding payroll issues, benefits, and policies.
    • Stay up-to-date on changes to local payroll laws and regulations and ensure compliance.
    • This role is full-time and remote-friendly within +/- 3hrs of West African Standard Time.

    What it takes to succeed in this role

    • 5+ years of payroll management
    • Strong Knowledge of payroll best practices.
    • Strong knowledge of local payroll laws and regulations in Africa and Europe.
    • Strong communication and interpersonal skills
    • Able to use payroll software with accuracy and efficiency
    • Proficient in using software tools like Microsoft Office or Google Suites.
    • An analytical mindset with great problem-solving abilities.
    • Ability to adapt to a fast-paced, international work environment with a passion for making an impact.
    • Be open to acquiring new knowledge, be analytical and interested in Payroll
    • Solid understanding of accounting, financial reporting & Tax fundamentals and payroll best practices
    • Ability to work independently and as part of a team.

    While this is NOT strictly required, it would be a plus if you:

    • Have previous experience in a big four, top-tier consulting firm, fintech or financial institution.


    • Competitive salary
    • Flexible working environment
    • Full medical coverage
    • Pension contributions
    • Gym membership
    • Macbook pro
    • Smart, kind colleagues who’re invested in your growth.

    Method of Application

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