Job Description
Company Description:
WayaBank is a digital bank designed around how people and businesses in Nigeria live and work, offering a full banking experience without queues, paperwork, or unnecessary stress. Customers can open personal or business accounts in minutes, send and receive money instantly, pay bills, request loans, access POS and agency banking services, and manage everything directly from their phones. The bank is driven by a core belief that every Nigerian, whether in major cities or rural communities and whether formally employed or running informal businesses, deserves reliable, affordable, and dignified financial services.
Positioned as the bank of the new Nigeria, WayaBank focuses on inclusive, technology-enabled financial solutions. WayaBank is part of the WayaLinks ecosystem, alongside WayaGram and WayaQuick.
Role Description:
The Legal and Compliance Manager – Banking and Fintech is a full-time role based in Lekki with a hybrid work arrangement, combining on-site collaboration and some work-from-home flexibility. This role is responsible for overseeing regulatory compliance across WayaBank’s digital banking and fintech operations, ensuring adherence to all applicable Nigerian banking, financial services, and data protection laws. Day-to-day tasks include monitoring regulatory changes, updating internal policies and procedures, reviewing and drafting legal documents and contracts, and conducting compliance risk assessments.
The person in this role will develop and implement compliance frameworks, lead internal audits and investigations related to compliance issues, and support licensing, reporting, and regulatory filings. The Legal and Compliance Manager will also provide guidance and training to cross-functional teams, work closely with senior leadership on risk mitigation strategies, and partner with regulators and external counsel when needed.
HYBRID - BETWEEN 2 TO 3 DAYS A WEEK IN THE OFFICE
Qualifications
• Strong regulatory compliance skills, including Regulatory Compliance and Compliance Management for banking and fintech operations.
• Robust legal expertise, including Law, Legal Compliance, and experience with financial services regulations and contract law.
• Proficiency in Legal Document Preparation, including drafting, reviewing, and negotiating policies, agreements, and regulatory filings.
• Bachelor’s degree in Law (LL.B) and professional qualification (e.g., BL); advanced legal or compliance certifications are an advantage.
• Proven experience in banking, fintech, or financial services compliance, with a track record of managing regulatory relationships.
• Strong analytical, risk assessment, and problem-solving abilities, with attention to detail and sound judgment.
• Excellent written and verbal communication skills, including the ability to explain complex regulatory requirements clearly.
• Demonstrated ability to work collaboratively with cross-functional teams and operate effectively in a fast-paced, digital-first environment.
