Vacancies at Cellulant Nigeria Limited

Cellulant is Africa’s no.1 company in the payments & transfers category – FIntech Awards 2016. We are a PPISP (Payment Platform Infrastructure Service Provider) regulated by the Central Bank of Nigeria (CBN) and insured by Nigerian Deposit Insurance Corporation (NDIC).

We are recruiting to fill the position below:

Job Title: Senior Specialist, Compliance

Location: Nigeria
Employment Type: Full-time
Reporting To: Senior Manager: Compliance

Job Description

As Specialist: Compliance at Cellulant, you are a critical member of the Compliance team within the Risk and Compliance division of the company.
You will support the team and the company at large to ensure Compliance with relevant laws, regulations including AML/CFT.
Specialist: Compliance will support the Compliance lead to implement and maintain a robust compliance program across the company.

High-Level Requirements:

Strategic Thinking: Ability to develop and execute a forward-looking compliance strategy.
Communication Mastery: Good communication skills to convey complex compliance matters clearly to various stakeholders.
Adaptability: Flexibility to navigate and adapt to diverse regulatory environments and cultural nuances.
Ethical Integrity: Unwavering commitment to ethical conduct and the ability to instill these values across the organization.
Risk Management Expertise: Proficiency in identifying and mitigating compliance risks group wide.
Collaboration: Ability to collaborate effectively with internal and external partners, including regulatory bodies.

Key Relationship Stakeholders:

Other teams within the Risk and Compliance division – Legal, Regulatory, Risk Management, Fraud risk and Infosec
All Business Units
Product teams
Technology Teams
Service Delivery
Treasury
Human Resources
All members of Staff.

Core Responsibilities

Stay abreast of relevant laws and regulations, as well as internal policies and communicate changes to the Business.
Conduct Compliance monitoring of the Business and assess the level of Compliance with extant laws and regulations.
Collaborate with other stakeholders to track instances of non-compliance and ensure remedial actions are implemented accordingly.
Support the team in coordinating regulatory audits and ensure prompt closure of observations / findings.
Conduct AML/CFT Risk assessment of the Business, it’s products and services, as well as customers
Support the team to draft, update relevant AML/CFT policies, procedures and control documents that are tailored to current business activities of Cellulant.
Ensure AML/CFT-related regulatory reports and returns are submitted to relevant authorities within the stipulated timelines.
Conduct due diligence reviews including enhanced review on customers, partners.
Detect customers / partners that fall outside Cellulant’s risk appetite and derisk them accordingly.
Carryout ongoing transaction monitoring to identify suspicious transactions.
Report suspicious activities or transactions to relevant authorities.
Conduct ongoing transaction filtering and screening.
Develop AML/CFT training plan for members of Staff.
Collaborate with HR to ensure members of Staff are adequately trained on Compliance and AML/CFT requirements.
Develop Compliance awareness newsletters, nuggets to be circulated to members of Staff in periodic basis.
Oversee the risk-based periodic reviews of existing customers.
Review and investigate incidents reported or escalated to the Compliance team – including whistleblower reports, code of conduct, Conflict of Interest, etc.
Support the Compliance lead in implementing a robust anti-bribery and Corruption program.
Introduce initiatives that could simplify existing process and procedures including the use of automation, AI.
Support the implementation of AML/CFT control tools.
Collaborate with the Product and Technology team to ensure AML/CFT tools are working optimally by conducting periodic quality checks and escalating anomalies
Continuously strive to optimize ROI on investments in AML/CFT tools.
Carryout Compliance assessment of new products / services and updates to existing products / services.
Provide advisory services to the Business in Compliance matters.
Maintain, update the Company’s internal watchlist / blacklist and communicate updates to relevant stakeholders.
Promptly Respond to due diligence requests from business partners or bankers.
Carryout any other exercise that may be assigned to you by your supervisor.
Support the Compliance lead to prepare periodic Management Information report.

Qualifications

A Bachelor’s Degree in Finance, Accounting, Business Administration, Risk Management, or any other relevant field of study.
Member of relevant professional bodies (such as ACCA, CIN, ACFE, ACAMS, ACA, etc).
A Master’s Degree or Professional Certifications such as DCP, CAFCA, ICA, CAMS is an advantage.

Must-Have Experience:

Knowledge of fundamental Banking products and services, including operational processes.
Significant experience of Payment Services in major African Markets – including Kenya, Nigeria, Ghana, South Africa, etc.
In Depth knowledge of AML/CFT regulations and requirements as it relates to Payment Services, Remittance and digital financial services.
2-6 years of experience in customer due diligence reviews and approvals including enhanced due diligence for high risk customers such as Remittance companies, PEPs, companies with complex structure, virtual assets or VASPs, Forex companies, etc.
2-6 years experience in conduct investigation of incidents especially red flags for AML/CFT risks.
Demonstrate experience in drafting policies and procedures.
Ability to conduct research and interpret regulatory provisions.
Demonstrate ability to use work tools such as Google sheets, slides, notes, Excel, Powerpoint.

Skills:

Problem-Solving and Decision-Making
Legal and Regulatory Knowledge
Ethics and Integrity
Presentation skills
Analytical skills
Excellent Interpersonal skills
Strategic Planning
Financial Crime Prevention
Policy Development and Implementation
Negotiation skills.

Personal Attributes:

Integrity
Possess a strategic and forward-thinking mindset
Results-Driven
Fluency in English (written and spoken)
Innovative Mindset
Collaborative Approach.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Principal Product Owner – Collections

Location: Nigeria
Employment Type: Full -Time

Job Description

As the Senior Principal Product Owner, you will spearhead the Collections and Checkout Product team.
Your responsibilities include crafting a clear product vision, conducting market analysis to capture customer needs and trends, and defining the product roadmap.
You will work closely with cross-functional teams to ensure seamless development and launch of innovative Collections and Checkout solutions that enhance customer satisfaction and business growth.

Responsibilities
Strategic Product Vision and Leadership:

Develop a comprehensive product vision and strategy that aligns with both Cellulant’s overarching business goals and the evolving needs of the payments industry.
Lead the product team in envisioning future innovations, drawing inspiration from market leaders who continuously evolve their product offerings to stay ahead in the global payments landscape.

In-depth Market and Competitive Analysis:

Conduct detailed market research to identify and understand emerging trends, customer expectations, and potential technological advancements that could impact the payments sector.
Analyse competitive landscapes to benchmark against industry leaders and identify areas for differentiation and improvement. This includes understanding the strategies employed by major players like Visa and Mastercard in fostering innovation and reducing card transaction frictions.

Roadmap Development and Prioritization:

Define the product roadmap with clear, actionable items that prioritize features based on their potential impact on customer satisfaction and business objectives.
Use data-driven insights to adjust priorities as market conditions evolve, ensuring that the product development aligns with user needs and company goals..

Cross-functional Team Leadership and Collaboration:

Foster a collaborative environment across various departments (Engineering, UX/UI Design, Marketing, Sales, and Customer Support) to ensure that all aspects of product development are aligned and that deliverables meet the highest standards.
Organise and lead regular cross-departmental meetings to discuss progress, tackle roadblocks, and adjust strategies as necessary, ensuring all stakeholders are informed and engaged in the product’s success.

Lifecycle Management from Concept to Launch:

Manage all phases of the product life cycle, from initial concept, through development, to launch and post-launch analysis.
Implement agile methodologies to enhance product development processes, ensuring flexibility and rapid adaptation to new information or market changes, reflecting the dynamic approaches seen in Mastercard’s product innovation cycles.

Compliance and Regulatory Adherence:

Ensure all product developments comply with relevant local and international regulatory standards, including data protection laws, payment industry standards (e.g., PCI DSS), and anti-money laundering (AML) regulations.
Regularly update the product team and stakeholders on regulatory changes and adjust the product roadmap to accommodate these changes, ensuring compliance at all stages of the product life cycle.

Performance Monitoring and Optimization:

Establish and monitor key performance indicators (KPIs) to assess the product’s market performance and operational efficiency.
Analyze product usage and customer feedback to continuously refine and improve the product offerings. Utilize A/B testing, user satisfaction surveys, and usage data to make informed decisions about product adjustments and enhancements.

Stakeholder Communication and Reporting:

Communicate effectively with all stakeholders, including senior management, team members, and external partners, about the product’s progress, challenges, and strategic direction.
Prepare detailed reports and presentations that summarize product performance, market insights, and strategic recommendations, ensuring transparency and informed decision-making at the executive level.

Requirements

Experience: Minimum of 8 years in product management, with at least 4 years in a payments-focused role.
Experience with financial technologies and payment systems is crucial.
Strong knowledge of card payments and acquiring systems.
Education: A base degree in a relevant field plus at least one additional qualification (e.g., MBA or a specialised Master’s in finance or technology).
Certifications: Relevant certifications might include Certified Scrum Product Owner (CSPO), Pragmatic Certified Product Manager, or similar credentials that emphasise expertise in product development and agile methodologies.

Skills:

Technical Proficiency: Deep understanding of the payments ecosystem, including trends in digital payments, cross-border transactions, and regulatory challenges.
Strategic Thinking: Ability to craft long-term strategies that align with both customer needs and business goals.
Leadership and Communication: Strong leadership skills to manage and inspire a team of product managers, and excellent communication abilities to liaise with stakeholders and executive leadership.
Excellent communication and stakeholder management skills, essential for coordinating with multiple teams and reporting to executive leadership.
Strong number crunching capabilities with the ability to navigate and use data analysis tools to drive a data driven approach to insights and recommendations
A strategic mindset capable of balancing various perspectives and making informed decisions that align with business goals

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Specialist, Tax (Maternity Cover)

Location: Nigeria (Remote)
Employment Type: Contract
Reporting To: Principal Tax

Job Summary

As a Senior Specialist Tax at Cellulant, you will play a critical role in managing and optimizing our tax strategies to ensure regulatory compliance and minimize tax liabilities.
You will collaborate with cross-functional teams, contribute to financial planning and analysis, and drive process improvements related to taxation.
This position reports to the Group Tax Manager and is an integral part of the CFO function.

Core Responsibilities

Tax Compliance: Ensure compliance with all relevant tax laws, regulations, and filing requirements. Prepare and file accurate and timely tax returns, including income tax, VAT, withholding tax, and other related taxes.
Tax Planning: Work with the Group Tax Manager to ddevelop and implement tax planning strategies to optimize the company’s tax position, reduce tax liabilities, and maximize tax benefits.
Tax Analysis: Analyze financial data and transactions to identify potential tax issues and opportunities. Provide recommendations to minimize tax risks and costs.
Tax Accounting and Reconciliation: Ensure we are accounting for Tax correctly in our General Ledgers and reconciling all Tax GLs in the markets.
Reporting and Documentation: Maintain comprehensive records and documentation related to tax matters. Prepare tax reports and presentations for internal and external stakeholders.
Cross-functional Collaboration: Collaborate with various departments such as Legal, Accounting, and Operations to ensure tax considerations are incorporated into business decisions and strategies.
Tax Audits: Manage tax audits and investigations, working closely with external auditors and regulatory bodies. Resolve any tax disputes or discrepancies efficiently.
Transfer Pricing: Ensure compliance with transfer pricing regulations, including documentation and adherence to arm’s length principles.
Policy Development: Work with the Group Tax Manager to contribute to the development and implementation of tax policies, procedures, and controls to ensure efficient tax management.
Stay Informed: Stay up to date with changes in tax laws, regulations, and industry best practices, and ensure the organization remains compliant.
Process Improvement: Identify opportunities for process improvements related to taxation, driving efficiency and accuracy in tax-related activities.

Qualifications & Experience

Bachelor’s Degree in Finance, Accounting, or a related field. A relevant professional qualification (e.g., CPA, ACCA, CTA) is a plus.
Minimum of 5 years’ experience in tax management and accounting preferably both in consulting (audit/Tax consultancy firm) and industry (a multinational or fintech environment).
Strong understanding of local and international tax laws and regulations.
Proficiency in tax software and financial software tools.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills for collaboration and stakeholder engagement.

Experience That Will Count In Your Favor:

Minimum of 5 years’ experience in tax management, preferably both in consulting (audit/Tax consultancy firm) and industry (a multinational or fintech environment).

Skills:

Tax Compliance and Planning
Financial Analysis
Tax Accounting and Reconciliation
Analytical and Attention to Detail
Regulatory Knowledge
Problem Solving
Good Communication
Team Player.

Personal attributes:

A self-driven and hardworking individual who is continuously learning and is adaptable to change.
A team player with great communication skills (both oral and written).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note: This is a 5 months contractual role intended to cover for an employee going maternity leave.