Country Compliance and Regulatory Officer, Nigeria

October 17, 2022

Job Description

  • Lagos

Flutterwave

Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient border-less manner.
We are recruiting to fill the position below:
Job Title: Country Compliance and Regulatory Officer, Nigeria
Location: Lekki, Lagos
Employment Type: Full Time
Department: Compliance
The Role

Flutterwave is looking for a Country Compliance and Regulatory Officer, Nigeria. This primary responsibility for this role is to serve as an ambassador for Flutterwave’s compliance culture and standards, demonstrating the highest standards of compliance behavior; and raising awareness of regulatory requirements and compliance policies
In addition, to provide an advisory role for regulatory aspects across the business, ensuring best practice and adherence to Flutterwave’s compliance and regulatory policies and procedures. 

Responsibilities
Include but are not limited to:

Complete KYC/DDF quality assurance for Nigeria merchants and vendors
Maintain regulatory licenses for Nigeria:

Regulatory reporting and filling
Regulatory liaison
Leading related audits and own remediation of any audit findings

Ensure Flutterwave operations in Nigeria is in compliance with all regulatory obligation including schemes/acquiring bank rules
Build trust with Flutterwave’s Nigeria regulators, acquiring banks and card/payment schemes
Consistent monitoring of merchants leveraging monitoring tools & reports
Manage and coordinate meaningful reporting internally and externally, respond to information requests and proactively communicate regulatory changes and notifiable events
Review and test Flutterwave’s risk and compliance programs and processes. Identify gaps and take ownership of the resolution
Act as the in-country Nigeria Money Laundering Reporting Officer. Taking responsibility for AML and Financial Crime Compliance in Nigeria
Support and advise the Nigeria business leads on compliance matters
Spearhead the drive for automation of all compliance processes
To develop, implement and maintain Business Continuity plans for Nigeria
Provide support for the process of maintaining Flutterwave's externally accredited quality management systems – ISO 27001:2013 and ISO 22301:2012– assisting when undertaking the management review and particularly the review of the internal audit reporting system
Maintain an up to date high level of knowledge and understanding of internal policies and procedures, including 'Compliance’, 'Prevention of Money Laundering and Combating the Financing of Terrorism, 'Financial Crime’, 'Customer Due Diligence’, 'Treating Customers Fairly’, 'Complaints Management’, 'Client Assets’, 'Anti-Bribery and Corruption, 'Conflicts of Interest’, 'Market Abuse and Personal Dealing’, 'Gifts, Benefits and Entertainment’.

Required Competency and Skill Set to be a Waver

A minimum of 5 years of experience in compliance and/or risk functions in the financial services industry, preferably in fintech/payments.
In depth knowledge of the regulatory compliance and risk issues, Flutterwave could potentially experience in Nigeria
Practical knowledge of payment network rules and acquiring risk standards
Experience with data analytics tools such as PowerBI and Google Data Studio
Maintains the highest professional standards to ensure the firm is not in a position of risk
Credibility, professionalism, and confidence to implement best practice
Proven “people skills” in terms of developing and motivating staff
Ability to consistently demonstrate initiative and confidence in day-to-day dealings with clients
Excellent communication both written and verbal
Confident individual with a proactive attitude
Ability to manage assigned tasks in an assertive, efficient and timely manner
Proven ability to deal with confidential matters and with discretion
Experience in preparing/delivering training
Must be able to multi-task and keep calm under pressure
Excellent, proven organizational skills
The flexibility to work outside normal office hours as may be required from time-to-time.

Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit flutterwavego.bamboohr.com.

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