Woven Finance is a new financial company in Nigeria tasked to create a brand identity that will help them connect better with their customers. Woven Finance simplifies day-to-day business transactions, making digital payments and reconciliations super easy for your business.
We are recruiting to fill the position below:
Job Title: Risk & Compliance Manager
Location: Lagos
Employment Type: Full-time
About the Role
- As the Risk & Compliance Manager, you will primarily be responsible for identifying and analyzing the areas of potential risk threatening the assets, earning capacity, and success of the organization.
Operational Responsibilities
- Analyze and Monitor partner performance (transaction volume, disputes and chargeback activity, 3rd party risk data, etc.)
- Assess settlement process ensuring the identification and mitigation of settlement risk issues.
- Monitoring, identifying, and preventing any suspicious or high-risk transactions.
- Develop partner risk assessment package detailing Key Risk Indicators, trends, and projections for monthly and quarterly presentations to Partner executives, our management team, and board.
- Anticipate partner defaults (as far as possible) and manage defaults in a manner that minimizes risk.
- Ensure compliance with Partner risk monitoring policies.
- Contributing to the development of metrics used for risk factor identification and stress-testing processes.
- Proactively developing risk tools by working with the technology team.
- Mapping company policies, procedures, and cybersecurity controls to partnerships and customer service agreements.
- Implementation of risk management tools and techniques for new and existing business initiatives.
Required Competency and Skillset
- 5+ years of experience in a similar function
- An understanding of compliance and regulatory framework in the Payments / financial services space
- Familiarity with security and privacy standards and regulations (E.g. GDPR, SOC II, PCI.)
- Ability to use data to drive desired results and support intelligent risk-taking.
- Ability to adapt to a rapidly changing business and technology environment
- Excellent verbal and written communication skills.
Application Closing Date
Not Specified.