Head of Compliance

iRecharge Tech-Innovations is an Information, Communication and Software Technology firm. We operate with a burning passion to transform the technological terrain of Africa by delivering value to clients through innovative and effective leverage of cutting-edge technology solutions. We combine sound knowledge of world class technology to design, implement and support business transformation in areas of web and mobile application, software, service and storage systems installation, networking technologies and technology procurement. We have an in-depth understanding on how technology accelerates success, and are passionate about attracting and supporting unique talents in growing our business and driving operational excellence. We are recruiting to fill the position below:

Job Title: Head of Compliance

Location: Lagos

Employment Type: Full-time (On-site / Hybrid)

Key Responsibilities

Develop, implement and maintain the Bank's compliance framework, policies and procedures. Ensure compliance with CBN regulations, BOFIA, CAMA, NDPA, NDIC, NFIU, AML/CFT and other applicable regulatory requirements. Oversee KYC/CDD processes, customer onboarding, transaction monitoring and suspicious activity reporting. Monitor regulatory developments, assess compliance risks and advise Management on necessary changes. Conduct periodic compliance risk assessments and investigate breaches, recommending appropriate corrective actions. Review and validate regulatory returns, statutory filings and other compliance reports before submission. Liaise with regulators and coordinate regulatory examinations, audits and inquiries. Provide compliance guidance on business operations and new product initiatives. Oversee data protection and privacy compliance, staff compliance training and remediation of auditor regulatory findings. Prepare and present periodic compliance reports to Management and the Board.

Requirements

Bachelor's Degree in Law or a related discipline; Master's degree is an advantage. 6-9 years' experience in compliance, regulatory affairs or risk management within banking, or including at least 4 years in a leadership role. Strong knowledge of CBN and MFB regulatory requirements, BOFIA, CAMA, NDPA, NDIC, NFIU and applicable anti-money laundering laws. Experience with KYC/CDD, AML/CFT controls, SCUML reporting and FRC requirements. Experience drafting and reviewing legal agreements and contracts. Proficiency in compliance monitoring systems, Microsoft Office and data analysis tools. Strong leadership, analytical, communication and stakeholder management skills. Professional compliance certification such as DCP, CCEP or CCO is an advantage.