Group Head of Compliance & MLRO

CellulantLagosFull Time

Continue with your CV

PDF, Word, or image. Under 10MB.

Upload CV

Apply now

Job description

About the role

Cellulant is seeking a highly experienced professional to take on the role of Group Head of Compliance and Money Laundering Reporting Officer (MLRO). This position is pivotal in ensuring that the company adheres to all regulatory requirements and best practices in compliance. The successful candidate will lead the compliance team, develop strategies to mitigate risks associated with money laundering, and ensure that the organization operates within the legal framework of the jurisdictions in which it operates. This role is based in Lagos, Nigeria, and offers an exciting opportunity to shape the compliance landscape of a leading fintech company.

Key facts

Location: Lagos

Engagement: Full-time

Salary: Competitive and commensurate with experience

Visa: Support for work visa will be provided if necessary

What you'll do

Develop and implement a comprehensive compliance framework that aligns with local and international regulations, including anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
Oversee the establishment and maintenance of compliance policies and procedures to ensure adherence to regulatory requirements across all business units.
Conduct regular risk assessments to identify potential compliance risks and develop strategies to mitigate these risks effectively.
Act as the primary point of contact for regulatory authorities, ensuring timely and accurate reporting of compliance-related matters.
Lead the compliance training program for employees, ensuring that all staff members understand their responsibilities regarding compliance and AML regulations.
Monitor changes in legislation and regulatory guidelines, advising senior management on necessary adjustments to policies and procedures.
Collaborate with internal stakeholders, including legal, finance, and operations teams, to ensure a cohesive approach to compliance across the organization.
Prepare and present compliance reports to the executive team and the board of directors, highlighting key compliance metrics and areas for improvement.
Manage the compliance team, providing guidance, support, and professional development opportunities to enhance team performance.
Investigate any compliance breaches or suspicious activities, ensuring that appropriate actions are taken and documented.
Establish and maintain relationships with external auditors and compliance consultants to ensure best practices are followed.
Drive a culture of compliance within the organization, promoting ethical behavior and accountability at all levels.

Requirements

A minimum of 8 years of experience in compliance, risk management, or a related field, preferably within the financial services or fintech industry.
Proven experience as a Money Laundering Reporting Officer (MLRO) or in a similar compliance leadership role.
In-depth knowledge of AML and CTF regulations, as well as other relevant compliance frameworks.
Strong analytical skills with the ability to assess complex regulatory requirements and translate them into actionable policies.
Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels of the organization.
A bachelor's degree in finance, law, business administration, or a related field; a master's degree or relevant professional certification (e.g., CAMS, CFE) is highly desirable.
Demonstrated experience in developing and delivering compliance training programs.

Nice to have

Familiarity with digital payment systems and emerging fintech technologies.
Experience working in a multinational organization with diverse regulatory environments.
Proficiency in compliance software and tools that facilitate monitoring and reporting.

Skills & tools

Strong leadership and team management abilities to guide and motivate a compliance team.
Proficient in risk assessment methodologies and compliance monitoring techniques.
Excellent problem-solving skills to address compliance challenges effectively.
Familiarity with data analytics tools to enhance compliance monitoring and reporting processes.
Strong organizational skills to manage multiple priorities and deadlines.

Practical notes

The position is based in Lagos, Nigeria, and may require occasional travel to other regions as necessary.
The successful candidate will be expected to work collaboratively with various departments, fostering a culture of compliance throughout the organization.
Cellulant values diversity and encourages applications from candidates of all backgrounds.