Head of Risk & Executive Director

About RedotPay

RedotPay is a global crypto payment fintech integrating blockchain solutions into traditional banking and finance infrastructure. Our user-friendly crypto platform empowers millions globally to spend and send crypto assets, ensuring faster, more accessible, and inclusive financial services. RedotPay advances financial inclusion for the unbanked and supports crypto enthusiasts, driving the global adoption of secure and flexible crypto-powered financial solutions. Join us in shaping the future of finance and making a meaningful impact on a global scale.

Role Purpose

Establish and maintain a robust risk management framework covering all key risks to the VASP business (fraud, technology, operational, liquidity, compliance, market, and reconciliation risks) in alignment with group policies and Nigerian regulatory expectations. As an Executive Director, the role also contributes to Board-level risk oversight and strategic decision-making.

Key Responsibilities

• Develop, implement, and monitor the entity’s risk management framework, risk appetite, and key risk indicators.


• Oversee fraud risk controls, transaction monitoring rule tuning, threshold setting, and alert escalation per the Group Risk Requirement Policy and Compliance Framework.


• Conduct regular risk assessments, scenario analysis, and stress testing where applicable.


• Manage operational resilience, including business continuity and disaster recovery arrangements.


• Report on risk exposures, incidents, and mitigation actions to the CEO, Board, and group risk function.


• Collaborate with Compliance, Technology, and Operations to embed risk controls across all business processes.


• Ensure client asset protection and segregation controls remain effective at all times.


• As Executive Director: Participate in Board meetings to provide risk oversight, advise on the entity’s risk appetite, and support the Board in fulfilling its risk governance responsibilities.

Qualifications

• A first degree or its equivalent in a relevant field (including banking, finance, accounting, business management, law, or economics); or a first degree or its equivalent in a non-relevant field with a minimum of six (6) years’ relevant post-qualification experience; or a West African School Certificate, Senior Secondary School Certificate Examination certificate, General Certificate of Education or Higher School Certificate or its equivalent with a minimum of fifteen (15) years relevant post-qualification experience.


• At least four (4) years’ relevant post-qualification experience (excluding NYSC year) in areas such as virtual assets, financial technology, financial services, capital markets, compliance, anti-money laundering and counter-terrorist financing, risk management, legal and regulatory affairs, technology operations, or cybersecurity.


• Demonstrable experience in risk management, fraud prevention, operational risk, or technology risk within fintech, virtual assets, payments, or capital markets.


• Familiarity with transaction monitoring systems, risk governance, and regulatory risk reporting is essential.


• Full-time engagement required.


• Nigerian citizen preferred (NIN-eligible)