Legal and Compliance Officer

2 weeks ago

Lagos Nigeria Prophius Full time

Legal and Compliance Officer 

Full-Time. 

Prophius is building the future of finance across Africa by empowering businesses to accept payments in a cheap, safe, reliable, and contactless way. Prophius is led by top talented leaders offering a great mix of local and international talents and is built on a culture of innovation and a passion to change the future of finance. 

At Prophius, we believe in providing talented people with the environment, resources, and support to do the best work of their lives. We want great people to join us, treat them with genuine respect, and give them the means to succeed. 

Job Description

We are seeking an experienced, business-savvy, and detail-oriented Legal and Compliance Officer to join our team. This role requires a professional with strong grounding in commercial law, contract negotiation, regulatory compliance, and AML/CFT frameworks, preferably within a bank, fintech, or reputable law firm. The ideal candidate must demonstrate sound legal judgment, strong analytical ability, and the confidence to support strategic decision-making across the organization.

Responsibilities

  • Draft, review, and negotiate commercial contracts, SLAs, vendor agreements, partnership agreements, NDAs, and other legal documents.

  • Lead and support contract negotiation processes with internal and external stakeholders to ensure favourable commercial terms and risk mitigation.

  • Provide legal advisory support on commercial transactions, corporate matters, and business operations and regulations.

  • Ensure the company's operations adhere to applicable laws, regulatory requirements, and industry standards.

  • Monitor regulatory developments, especially in fintech and payments, and advise relevant teams on compliance implications.

  • Support AML/CFT compliance initiatives, including due diligence reviews, risk assessments, and regulatory reporting requirements.

  • Participate in internal audits, risk assessments, and compliance monitoring activities.

  • Maintain proper documentation and ensure adherence to internal governance frameworks.

  • Conduct legal and regulatory research, particularly relating to commercial law, payments regulation, and financial crime compliance.

  • Collaborate with cross-functional teams to promote a culture of compliance and sound legal practice.

  • Perform any other legal or compliance-related duties as assigned.

Requirements (Must Have)

  • Bachelor's degree in Law (minimum of 2:1).

  • Successful completion of Law School (minimum of 2:2).

  • 5 years proven experience as a commercial lawyer, ideally in a bank, a fintech, or a commercial/corporate law firm.

  • Demonstrated experience negotiating commercial contracts.

  • Strong understanding of corporate law, commercial transactions, and regulatory frameworks.

  • Practical knowledge of AML/CFT compliance, especially within the financial services sector.

  • Excellent legal drafting, analytical, and research skills.

  • Strong communication, stakeholder management, and problem-solving abilities.

  • Ability to work independently, handle multiple priorities, and provide sound legal judgment in a fast-paced environment.

What Prophius Offers

  • Competitive Salary
  • Paid time off 
  • Paid training courses and learning opportunities 
  • Flexible Work Schedule (Hybrid) 
  • Plus other benefits. 

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