Applications are being accepted for the role of Flutterwave country compliance officer at Flutterwave Nigeria.
Qualified applicants will be in charge of overseeing and ensuring compliance with local in-country requirements for all Flutterwave products and services delivered in the jurisdiction.
Please read further to learn more about the country compliance officer at Flutterwave Nigeria, the eligibility criteria, and the application method for this job!
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Summary of Country Compliance Officer at Flutterwave Nigeria
| Company | Flutterwave |
| Category | Job |
| Location | Lekki, Lagos |
| Reward | Salary and other benefits |
| Job Title: | Country Compliance Officer at Flutterwave Nigeria |
| Job Type: | Full Time |
| Application | Online |
| Deadline | Not stated |
About Flutterwave
One of the most successful companies in the payment technology industry, Flutterwave offers cutting-edge solutions to both consumers and organizations around. The idea that every African should be able to participate in and succeed in the global economy was the driving force for the establishment of this organization.
We have constructed a reliable payment infrastructure in order to accomplish this goal.
This infrastructure enables consumers and businesses, both in Africa and internationally, to make and receive payments in a borderless manner that is both convenient and efficient.
Job Summary
The Country Compliance Officer – Nigeria will be in charge of overseeing and complying with local in-country requirements for all of Flutterwave’s products and services available in the jurisdiction. The Country Compliance department creates regional compliance policies, procedures, and practices that are in accordance with global and regional regulatory standards, as well as acting as a subject matter expert for those requirements.
Country Compliance Officer at Flutterwave Nigeria Key Responsibilities:
- Oversee and implement country compliance program strategies, policies, and design procedures that are consistent with global and jurisdictional regulatory requirements as well as industry best practices.
- The Country Compliance Officer may also serve as the local Money Laundering Reporting Officer, ensuring that potentially suspicious behavior is reported to regulators in a timely way.
- Draft and submit for approval regional addendums to Flutterwave’s compliance-related policy and procedure as needed to establish controls and processes that meet or exceed local regulatory needs and expectations.
- Monitor, assess, and report on the efficacy of regional compliance policies, procedures, processes, systems, and technology, identifying potential risks and offering recommendations for improvement and change.
- Proactively identify where regional/local compliance requirements diverge from Flutterwave’s global standards, particularly regulatory requirements or expectations that are stricter than Flutterwave’s global standards.
- Follow a worldwide regulatory change management program to ensure a thorough and integrated approach to compliance.
- Maintain a list of jurisdictional regulatory requirements for registration in your local jurisdiction.
- Oversee regulatory tests conducted by local regulator(s) and manage answers and suggested remediation actions in collaboration with the Country Compliance Oversight Manager.
- Create and deliver regional compliance reports for local senior management and board reporting. Escalate risks and issues as needed and in accordance with global reporting standards.
- Develop and track a variety of compliance monitoring metrics, key performance indicators, key risk indicators, and key control indicators to verify that the same framework, standards, and risk tolerances are followed throughout the local jurisdiction.
- Establish and maintain strong relationships with internal stakeholders that have appropriate subject matter expertise to stay current on global and regional compliance rules, best practices, and emerging trends.
- Collaborate with cross-functional teams, such as Legal, Professional Services, Risk Management, and Operations, in cooperation with the Country Compliance Oversight Manager, to drive compliance objectives, resolve concerns, implement controls, and propose improvements.
- Collaborate with and seek help from Compliance advisory colleagues to better grasp the fundamental objective of corporate policy, as well as any unique regional requirements. Communicate with compliance counterparts about local trends, financial crime typologies, and other issues that may require attention within the centralized compliance activities.
- Assist with the recruitment, hiring, and training of qualified, competent local compliance personnel. Escalate any personnel needs or concerns to the local jurisdiction.
- Ensure that any detected compliance issues are appropriately escalated to key stakeholders and senior management.
- Manage both short-term and long-term strategic efforts.
Qualifications For Country Compliance Officer at Flutterwave Nigeria
- A bachelor’s degree in financial management or investment management, business management, commerce, business innovation and entrepreneurship, or a similar discipline. Advanced degrees are recommended.
- Minimum of 12 years of experience in a leadership capacity overseeing regulatory compliance, including significant understanding of BSA/AML, payment processing, and digital payment regulations and best practices, preferably at a financial institution. Strong understanding of local legislation and enforcement trends in many areas of compliance.
- Ability to develop, implement, oversee, and manage regional policies and processes to guarantee global and local regulatory compliance and best practices.
- Proven track record of effectively managing regulatory compliance functions, adopting best practices, and driving process improvement.
- Excellent analytical, problem-solving, and decision-making skills. Must be able to recognize and anticipate the broader implications of enhancement activities, as well as engage the necessary stakeholders.
- Capable of influencing and collaborating with stakeholders at all levels, as well as effective communication and presentation skills.
- Capability to negotiate complex regulatory settings and respond to changing legislation.
- Professional credentials like Certified Anti-Money Laundering Specialist (CAMS) and Certified Fraud Examiner (CFE) are highly valued.
How To Apply
All interested and eligible candidates should click on the Apply Now button below to start your application process.
Closing Date: Not given