Role Summary
We are looking for a Compliance Manager to ensure that Ceviant Payments operates in full compliance with all relevant laws, regulations, applicable to a Payment Solution Service Provider (PSSP) licensed by the Central Bank of Nigeria.
The role oversees regulatory compliance, AML/CFT controls, internal policy governance, and regulatory engagement to ensure the company maintains its license and operates within approved guidelines.
Role Responsibilities
- Develop, implement, and maintain the company's compliance policies and procedures in line with PSSP licensing requirements and regulatory guidelines.
- Serve as primary liaison during CBN examinations.
- Monitor regulatory developments from the Central Bank of Nigeria (CBN), and other relevant bodies.
- Prepare and submit weekly, monthly, and annual filings to regulatory authorities.
- Provide periodic compliance reports to: Managing Director, Board of Directors (where applicable).
- Conduct compliance risk assessments, identifying gaps and recommending mitigating controls.
- Review new and existing products, services, and business processes to ensure regulatory alignment.
- Liaise with regulatory bodies and ensure timely response to queries.
- Implement compliance policies and procedures.
- Oversee AML/CFT monitoring activities and reporting, including suspicious transaction reporting.
- Ensure merchants and partners comply with onboarding standards.
- Conduct compliance reviews of merchant agreements.
- Monitor chargeback risks, fraud indicators, and transaction anomalies.
- Recommend risk mitigation measures.
- Maintain the company's compliance records and documentation for internal audits and regulatory inspections.
- Provide training and guidance to staff on compliance obligations, policies, and procedures.
- Coordinate with internal stakeholders and external regulators during audits or inquiries.
- Support the management team in implementing risk mitigation strategies.
Educational Qualification & Work Experience
- Bachelor's degree in Law, Finance, Accounting, or related field.
- Minimum 9 years of compliance experience, preferably in fintech, payments, or banking.
- Professional certifications (e.g., ACAMS, ICA, or equivalent) preferred.
- Strong understanding of Nigerian financial regulations, including PSSP licensing, CBN guidelines, AML/CFT regulations, and electronic payments.
- Experience in regulatory reporting, risk assessments, and internal audits.
- Excellent analytical, problem-solving, and communication skills.
- High level of integrity, attention to detail, and ability to handle sensitive information.
- Familiarity with local and international regulatory frameworks is an advantage.
Skills & Competencies
- Strong knowledge of CBN regulations, especially PSSP licensing requirements.
- Working understanding of AML/CFT frameworks, KYC, transaction monitoring, and STR/SAR reporting.
- Familiarity with payment systems, electronic transactions, and settlement processes.
- Knowledge of Nigerian Data Protection Act (NDPA) and data privacy requirements.
- Ability to interpret and implement regulatory guidelines, circulars, and directives.
- Experience supporting regulatory audits, examinations, and reporting.
- Ability to liaise with regulators, banks, auditors, and internal teams.
Why Join Ceviant?
- Work in a dynamic, innovative, and collaborative environment.
- Opportunity to shape compliance and governance frameworks in a regulated PSSP environment.
- Flexible Working arrangement.
- Competitive Compensation package.