Head of Compliance at Patricia

Patricia is an alternative payment solutions company that facilitates the easy use of cryptocurrencies for everyday transactions. By harnessing the intrinsic power of Blockchain technology, Patricia is set to make Crypto easy for mankind, hereby creating a new and sustainable path for the present and future generations.

We’re a bunch of misfits who believe that crypto can be simplified into its easiest form. Together, we have created a really interesting place to work. From our lollipop moments to our ambiance and work ethics that encourage growth, Patricia has the best company culture style in Africa.

We are recruiting to fill the position below:

Job Title: Head of Compliance

Location:  Lagos
Employment Type: Full-time

Job Summary

• Our Head of Compliance will ensure that Patricia is in compliance with various regulatory requirements and is primarily responsible for overseeing compliance within the organisation and ensuring compliance with laws, regulatory requirements, policies, and procedures.

Job Responsibilities

• Conduct compliance assessment and stress testing to critically examine how compliance is supported within the Patricia ecosystem. A top-down approach, starting with how the board and its committees oversee compliance-related issues and interact with management will be adopted.
• Kickstart compliance optimization by instituting recommendations from stress test reviews tailored to fit Patricia's culture, industry, and regulatory footprint.
• Investigate and remediate compliance breaches in a timely and effective manner. This effort extends to the extent of the violation, how it occurred, and recommended steps to address regulatory disclosures, investor and reputational concerns and other issues.
• Administration of user rights for all company core application.
• Identify and provide process improvement opportunities and perform control advisory services.
• Handle all company confidential matters and other secretariat duties as assigned by senior management
• Ensure adequate training and awareness on AML/CFT for all Staff
• Liaise with Law Enforcement and other regulators on all issues relating Patricia Technologies. This should be in close collaboration with the Legal advisor.
• Responsible for establishing and setting the tone of compliance throughout the organization
• Recommend the initiation of investigative procedures in response to alleged violations of rules, regulations, policies, procedures, and the Code of Conduct
• Carry out periodic evaluation of the compliance Programs and make appropriate changes and improvements
• Consider all risk assessment reports of new products, businesses and partnerships and advise the Management accordingly.

Job Requirements

• Bachelor's Degree in Law, Finance, Business Administration, or any other relevant field.
• Master's Degree is not a prerequisite but an added advantage
• Minimum of 5 years experience in Compliance in a Finance/Tech-related Company
• Solid technical background with understanding and/or hands-on experience in Fintech Industries
• Experience in Fraud Risk management, Transaction Monitoring/ Reporting
• Strong problem solving skills and willingness to roll up one's sleeves to get the job

Application Closing Date
Not Specified.