Senior Compliance Specialist at StackFX

StackFX is a digital currency exchange platform and international payment provider built to serve both local and diaspora’s personal, trade advisory and business financial transfer needs, this is made possible through a unified FX platform that is both secure and accessible regardless of region.Functions and Responsibilities
Compliance:

Prepare a legal and regulatory compliance checklist and check for 100% compliance;
monitoring changes in relevant legislation and the regulatory environment and taking appropriate action;
Liaising with external regulators and advisers, such as lawyers and auditors;
Ensure that none of the policies and procedures of the Company and its related activities is illegal, unethical, or improper;
Respond to alleged violations of rules, regulations, policies and procedures by evaluating or recommending the initiation of investigative procedures;
Identify potential areas of compliance vulnerability develop/implement a corrective action plan for resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future.
Manage interactions/ correspondence with regulators and relevant legal agents.

Litigation:

Offer dispute resolution advice including matters of recovery claims and actions;
Liaising with external Lawyer representing the Company in any form of dispute;
Handle all default-related litigations.

Legal Advice:

Provide Legal advice on the relevant laws and regulations as it concerns the business of the Company;
Draft Legal Opinions when requested

Custodianship:

Ensure effective and efficient filing system
Ensure proper custody of sensitive documents
Ensure proper titles and ownership of the Group’s assets

Key Performance Indicators:

Ensure zero penalties in regulatory filings, and ensure filings are done on the due date provided there are no operational constraints
Communication of changes in relevant legislation and actions taken to ensure implementation and compliance within 48 hours of such change.
Raise a red flag within an hour of detecting unethical, illegal or improper activities.
Maintain all document/ correspondences in the compliance files.
Ensure response to correspondence within 24 hours

Qualifications

Minimum of a first degree in Law, must have be called to the Nigerian bar.
Professional Membership
Must be a member of the Nigerian Bar Association (NBA)
A recognized professional certification in Financial/Payment Processing De-Risking, AML & Fraud Analytics will be an added advantage.

Skills / Competence Requirements:

Planning and good bookkeeping skill
Proactive and analytical skills
Good communication skills.
Integrity and Accuracy
Precision
Knowledge of regulations and policies relevant to the company business
Research and analytical skills
Good relationship management skills
Drafting skills, practical knowledge of contract, analytical skills accuracy and time management skills
In-depth understanding of company internal operations and structure

Source: MyJobMag Job Feed

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