Chief, Adherence and Risk at Coinbox Limited in Lagos

Position Overview

The Chief, Adherence and Risk is a strategic executive function in charge of safeguarding the firm’s processes through strong risk mitigation strategy, adherence enforcement, and internal audit operational structures. The position manages legal adherence (CBN, EFCC, NFIU, FIRS, etc.), enterprise risk mitigation strategy (ERM), AML/CFT frameworks, and internal regulate systems. The preferred candidate must make sure that all financial, business, and reputational risks are recognized, evaluated, mitigated, and tracked while preserving the highest guidelines of business oversight and legal conformity.

Primary duties

• Design and execute an enterprise risk mitigation strategy (ERM) structure specific to BDC processes.
• Recognize, evaluate, and track financial, business, and reputational risks.
• Track foreign exchange transaction exposures and execute risk risk reduction plans.
• Preserve a risk register and ensure suitable actions are taken.
• Advise the top management on emerging risks and compliance-related requirements.
• Formulate and implement an yearly internal audit strategy covering elevated-risk zones.
• Assess the adequacy and performance of internal regulates, rules, and standardized processes.
• Evaluate transaction data records, financial statements, and legal adherence records.
• Documentation audit findings to top level management and board of directors Audit & Risk Board.
• Guarantee promptness execution of audit strategic guidance.
• Coordinate with external auditors and compliance-related agencies.
• Act as the main communication link with CBN, NFIU, EFCC, SCUML, and other compliance-related governing bodies.
• Analyze and execute CBN circulars and guarantee promptness submitting of all statutory returns.
• Supervise and modify AML/CFT programs, rules, and regulates.
• Track financial record and report to higher support tier/documentation suspicious or unusual initiatives.
• Make sure that the BDC operates within compliance-related limits and allowed FX initiatives.
• Stay abreast of continuously adapting adherence and FX rules in Nigeria.
• Advance a robust adherence culture cross-functional units through uninterrupted education.
• Carry out periodic employees development on AML/CFT, KYC, compliance-related modifications, and internal regulates.
• Formulate and convey status reports to adherence rules and standardized processes.
• Engage fully in internal panels (e.g., audit, adherence, and risk).

Qualifications

• At least a Bachelor's degree. Or an Higher national diploma in Accounting, Finance, Law, Economics, or a relevant field.
• Applicable qualifications: ACA, ACCA, ICAN, CIA, CRMA, ACAMS or equivalent.
• At least 7–10 years of expertise in risk, adherence, or internal audit positions within financial solutions, preferably in banking or treasury solutions.
• Solid understanding of CBN rules, AML/CFT frameworks, and FX regulations and standards.
• Expertise in Crypto, USDT, is a plus.
• Strong insight of Nigerian financial legal provisions and compliance-related requirements.
• Exhibited honesty and reliability, critical thinking, and meticulousness.
• Effective guidance, information exchange, and people skills.
• Competence in Office productivity software, risk resources, and audit/adherence operational structures.