Compliance Officer at Moniepoint Incorporated

Moniepoint is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

Moniepoint Incorporated (formerly TeamApt Inc.) was founded with the vision to create a society where everyone experiences financial happiness. We are the parent company of TeamApt Limited, a Central Bank of Nigeria(CBN) licensed Switch and Processor, and Moniepoint Microfinance Bank, a CBN-licensed Microfinance Bank.

We are recruiting to fill the position below:

Job Title: Compliance Officer

Location: Lagos
Job type: Full time

Job Purpose

• We are looking for a Compliance Officer to ensure that our operations and business transactions follow all relevant legal and internal rules.
• You will also review employees’ work and provide advice on compliance.
• The main goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.

Responsibilities

• Implement annual field compliance plans across the agent base of the firm.
• Coach, train, and mentor field staff across the country.
• Playing an active role in the maintenance and review of policies and procedures, including ensuring they are up to date with all legislation and best practices
• Develop, coordinate, and/or oversee internal and external audit procedures for the purpose of monitoring and detecting any misconduct or noncompliance; if any misconduct or noncompliance is detected, recommend a solution and follow up to ensure that the non-compliance is resolved
• Provide general advisory support and guidance on all Compliance related enquiries.
• Formalize and monitor a system to enable employees to report any noncompliance without fear of retribution, ensuring that the reporting system is adequately publicized and that allegations of noncompliance are investigated and responded to promptly.
• Take action in dealing with noncompliance situations, creating realistic plans to overcome them.
• Constantly report to management concerning the organization’s compliance with laws and regulations.

Qualifications

• Bachelor's Degree in Law, Finance, Business Management, or a related field
• At least 2 years Compliance experience related to agency banking
• Ability to work unsupervised.
• Knowledge of government laws and regulations affecting the business area.
• Ability to interpret laws and regulations in light of operations.
• Deep knowledge of the Bank’s Products, Services, Processes and Policies

Application Closing Date
Not Specified.