Executive Director (VASP)

 Posted 16 hours ago
     
10+ years experience
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AI Summary

Provide strategic leadership and overall management of Nigerian VASP operations to ensure regulatory compliance and operational resilience. Contribute to Board-level strategy and oversee governance, risk management, and relationships with SEC Nigeria.

About RedotPay

RedotPay is a global crypto payment fintech that integrates blockchain solutions into

traditional banking and finance infrastructure. Our user-friendly crypto platform

empowers millions worldwide to spend and send crypto assets, providing faster, more

accessible and inclusive financial services. We are dedicated to advancing financial

inclusion for the unbanked and supporting 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

Provide strategic leadership and overall management of the Nigerian VASP operations, ensuring regulatory compliance, operational resilience, client asset protection, and alignment with RedotPay Group objectives while maintaining the highest standards of governance and risk management. As an Executive Director, the role also contributes to Board-level strategy, governance, and oversight of the entity.


Key Responsibilities

• Lead day-to-day management and implementation of the entity’s VASP strategy (virtual asset exchange, custody, transfers, and related services) in full compliance with SEC Nigeria regulations and group policies.

• Oversee governance, risk management, and compliance frameworks, including integration of group policies (AML, Fiat Risk, TMS, Business Continuity).

• Manage relationships with SEC Nigeria and other regulators, including licensing maintenance, periodic reporting, audits, and notifications (e.g., within 72 hours for material incidents).

• Ensure robust operational controls, client asset segregation, transaction monitoring, and business continuity arrangements.

• Drive financial performance, operational efficiency, and risk culture while safeguarding the entity’s reputation.

• Coordinate with group functions (Compliance, Risk, Technology, Finance) and report regularly to the local Board and group leadership on performance, risks, and regulatory matters.

• Champion a compliance-first culture and ensure all activities adhere to Nigerian AML/CFT, consumer protection, and VASP-specific requirements.

• As Executive Director: Participate actively in Board meetings, contribute to strategic

decision-making, risk oversight, and governance of the entity, and support the Board in fulfilling its fiduciary and regulatory responsibilities.


Qualifications and Experience

• A first degree or its equivalent in a relevant field; 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, or adjacent sectors. Experience in Nigerian VASP/fintech operations or licensing is highly desirable.

• The role must be engaged on a full-time basis.

• Nigerian citizen preferred (NIN-eligible); fit-and-proper with no adverse findings. Appointment as Executive Director is subject to prior SEC approval as a Sponsored Individual / Principal Officer.

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