Payments Risk and Compliance Manager Job Vacancy in Ikeja, Nigeria – FinTech

Job Description

Position:Payments Risk and Compliance Manager

Company:Interswitch Group

Location:Ikeja, Nigeria

Experience:5-7 years of experience in payments risk, compliance, or financial crime prevention

Education:Bachelor’s degree in Finance, Economics, Business Administration or related field

Employment Type:Full-time

Industry:FinTech

Department:Risk Management

Salary:₦2,500,000 – ₦3,500,000 per annum

Vacancies:1

Company Overview

Interswitch Group is a leading African integrated payments and digital commerce solutions provider, connecting banks, merchants, and consumers across the continent. With a robust portfolio that includes payment processing, card issuance, and digital banking platforms, Interswitch has been at the forefront of driving financial inclusion in Nigeria and beyond. The company’s innovative culture, commitment to security, and focus on customer experience have earned it recognition as a top employer in the FinTech sector. As part of its expansion strategy, Interswitch continues to invest in cutting‑edge technology and talent, creating a dynamic environment where professionals can shape the future of payments in Africa. This role offers a unique opportunity to join a forward‑thinking organization that values integrity, collaboration, and continuous learning.

Job Overview

The Payments Risk and Compliance Manager will lead the design, implementation, and monitoring of risk mitigation strategies for Interswitch’s payment products and services. Reporting directly to the Head of Risk & Compliance, the incumbent will ensure that all payment operations adhere to regulatory standards, internal policies, and industry best practices. This position plays a critical role in safeguarding the company’s reputation, protecting customer data, and maintaining the trust of partners and regulators. The manager will collaborate closely with product, engineering, legal, and operations teams to embed risk controls throughout the product lifecycle, while also staying abreast of evolving regulatory landscapes across Nigeria and the broader African market.

Key Responsibilities

• Develop and maintain a comprehensive payments risk framework aligned with Central Bank of Nigeria (CBN) guidelines and international standards such as PCI DSS.
• Conduct regular risk assessments, fraud trend analyses, and scenario testing for all payment channels, including card, mobile, and online platforms.
• Lead the investigation and remediation of suspected fraud incidents, coordinating with law enforcement and regulatory bodies as needed.
• Design and implement compliance monitoring programs, ensuring timely reporting of suspicious activities and adherence to AML/CFT obligations.
• Provide risk‑aware guidance to product development teams, embedding controls early in the design phase.
• Prepare and present risk dashboards and compliance reports to senior leadership and the board of directors.
• Stay updated on regulatory changes, emerging threats, and industry best practices, translating insights into actionable policies.
• Train cross‑functional teams on risk awareness, compliance requirements, and incident response procedures.

Required Skills

• Strong analytical abilities with a proven track record in payments fraud detection and risk modeling.
• In‑depth knowledge of Nigerian payment regulations, AML/CFT frameworks, and global compliance standards.
• Excellent communication skills, capable of translating complex risk concepts to non‑technical stakeholders.
• Proficiency in data analytics tools (SQL, Python, Tableau) and risk management platforms.
• Leadership experience with the ability to influence and drive change across multidisciplinary teams.
• High ethical standards and a commitment to maintaining confidentiality.

Education

A bachelor’s degree in Finance, Economics, Business Administration, Computer Science, or a related discipline is required. Professional certifications such as Certified Anti‑Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), or Certified Information Systems Security Professional (CISSP) are highly desirable.

Experience

Applicants should possess a minimum of five to seven years of relevant experience in payments risk management, compliance, financial crime prevention, or a similar field within the FinTech or banking sector. Experience working with regulatory bodies in Nigeria and a solid understanding of the African payments ecosystem will be considered a strong advantage.

Salary

The role offers a competitive annual salary ranging from ₦2,500,000 to ₦3,500,000, commensurate with experience and qualifications. Performance‑based bonuses and equity participation may also be part of the total compensation package.

Benefits

• Health insurance covering medical, dental, and vision.
• Retirement savings plan with company matching.
• Generous paid time off and public holiday schedule.
• Flexible working arrangements, including remote work options.
• Professional development allowance for certifications and conferences.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering Interswitch’s risk framework, compliance policies, and technology stack.
• Continuous learning modules on emerging fraud trends, regulatory updates, and advanced analytics.
• Mentorship opportunities with senior risk leaders and cross‑functional experts.

Working Environment

Interswitch fosters an inclusive, collaborative, and innovative workplace where diverse perspectives are valued. The Ikeja office features modern workspaces, state‑of‑the‑art meeting rooms, and a vibrant community of professionals dedicated to transforming the payments landscape. Employees enjoy a culture that encourages creativity, accountability, and work‑life balance.

Application Process

Interested candidates are invited to submit their application through our online portal. Please visit https://nigeriajobsearch.com/ and follow the instructions to upload your resume and cover letter. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Interswitch Group is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of race, gender, age, religion, disability, sexual orientation, or any other characteristic protected by law.