Head of Compliance

Responsibilities:

• Develop, implement, and oversee a comprehensive compliance framework aligned with regulatory requirements and industry best practices.
• Ensure full compliance with applicable regulations, including CBN guidelines, AML/CFT requirements, and data protection laws.
• Lead regulatory engagement, acting as the primary liaison with regulators and coordinating examinations, audits, and inquiries.
• Oversee KYC and CDD processes, transaction monitoring, and suspicious activity reporting to ensure effective financial crime compliance.
• Conduct enterprise-wide compliance risk assessments and monitor regulatory developments to proactively manage emerging risks.
• Review and validate statutory and regulatory returns, ensuring accuracy, completeness, and timely submission.
• Provide strategic compliance advisory to management and the Board, including reporting on compliance performance, breaches, and remediation efforts.

`Requirements

• Bachelor’s degree in Law or a related discipline, with a Master’s degree or relevant legal qualification as an added advantage.
• Minimum of 5 years’ experience in compliance, regulatory, or risk management within banking, fintech, or financial services, including at least 4 years in a leadership role.
• Strong knowledge of CBN regulatory frameworks and fintech or microfinance banking compliance requirements.
• In-depth understanding of key regulatory and statutory frameworks, including BOFIA, CAMA, NDPA, NFIU, NDIC, and anti-money laundering laws.
• Proven experience in SCUML reporting and financial reporting in line with Financial Reporting Council requirements.
• Demonstrated ability to interpret complex regulations and translate them into practical, business-aligned processes.
• Strong leadership, communication, and stakeholder management skills, with proficiency in compliance systems and data analysis tools.