Head of Risk & Executive Director

About the role

RedotPay is seeking a senior leader to establish and oversee a comprehensive risk management framework for its virtual asset service provider (VASP) operations in Nigeria. Reporting to the CEO and sitting on the Board, the Head of Risk & Executive Director will guide the company’s risk appetite, ensure regulatory compliance, and protect client assets across fraud, technology, operational, liquidity, market and reconciliation domains.

Key responsibilities

• Design, implement and continuously monitor the entity’s risk management framework, risk appetite and key risk indicators.
• Lead fraud risk controls, tune transaction‑monitoring rules, set thresholds and manage alert escalation in line with group policies.
• Conduct regular risk assessments, scenario analyses and stress‑testing exercises.
• Oversee operational resilience, including business continuity planning and disaster‑recovery arrangements.
• Report risk exposures, incidents and mitigation actions to the CEO, Board and group risk function.
• Collaborate with Compliance, Technology and Operations to embed risk controls throughout business processes.
• Ensure client‑asset segregation and protection mechanisms remain effective at all times.
• Participate in Board meetings to provide risk oversight and advise on the entity’s risk appetite.

Required profile

• First degree in banking, finance, accounting, business management, law, economics or equivalent; or a non‑relevant degree with at least six years of relevant experience; or secondary qualifications with fifteen years of relevant experience.
• Minimum four years of post‑qualification experience in virtual assets, fintech, financial services, capital markets, compliance, AML/CTF, risk management, legal‑regulatory affairs, technology operations or cybersecurity (excluding NYSC year).
• Demonstrated experience in risk management, fraud prevention, operational or technology risk within fintech, virtual‑asset, payments or capital‑markets environments.
• Familiarity with transaction‑monitoring processes and regulatory expectations for VASPs in Nigeria.

Required skills

• Risk management frameworks
• Fraud risk controls
• Transaction monitoring
• Business continuity and disaster recovery planning