Head of Payments (Country Manager Nigeria)

Workforce Group

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Asset & Liability Manager (ALM)

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Job Overview

Location

Nigeria

Employment Type

Full-time

Work Arrangement

On-site

Sector

Finance & Banking

Experience Level

Executive (12+ years)

About the Company

Workforce Group is a leading talent and HR solutions provider dedicated to empowering businesses across Africa. They specialize in connecting organizations with top-tier talent, offering comprehensive recruitment, outsourcing, and consulting services. Their expertise spans various industries, ensuring clients receive tailored solutions to meet their unique workforce needs. With a strong focus on innovation and client success, Workforce Group is committed to driving growth and efficiency for their partners. They leverage deep market insights and a robust network to identify and secure the best candidates, fostering long-term relationships built on trust and performance.

Job Description

We are seeking a visionary leader to spearhead the establishment and growth of our payments business in Nigeria.

This executive role involves defining and executing comprehensive market entry and growth strategies, ensuring the seamless setup and scaling of operations to handle high-volume transactions and new product lines.

You will serve as the primary liaison with regulatory bodies, including the Central Bank of Nigeria, and lead crucial licensing efforts. Building and managing strong relationships with local and international banks, Payment Service Providers (PSPs), and liquidity partners will be paramount.

Key responsibilities include overseeing efficient settlement flows, transaction processing frameworks, and developing a robust FX and liquidity management strategy. This involves sourcing liquidity, managing pricing, and identifying opportunities in cross-border payments and FX markets, including digital assets.

The role demands the design and implementation of operational infrastructure, controls, and processes from the ground up, alongside establishing strong risk management and compliance frameworks.

To apply for this role, click the Apply button on this page and follow the instructions.

Required Skills

Payments StrategyMarket EntryRegulatory ComplianceFX ManagementLiquidity ManagementTreasury OperationsBanking RelationshipsPartnership ManagementRisk ManagementCross-border PaymentsDigital AssetsOperational InfrastructureCentral Bank of Nigeria LiaisonIMTO Licensing

Key Responsibilities

Lead the end-to-end setup and scaling of the Nigeria payments business.
Define and execute market entry and growth strategy.
Design scalable operating models to support high-volume transactions and new product lines.
Serve as the primary liaison with regulators, including the Central Bank of Nigeria.
Lead licensing efforts (e.g., IMTO or relevant frameworks).
Ensure full compliance within Nigeria’s regulatory landscape.
Build and manage relationships with local & international banks, PSPs, and liquidity partners.
Oversee efficient settlement flows and transaction processing frameworks.
Develop and manage a network of FX counterparties and liquidity providers.
Oversee treasury operations including liquidity sourcing, pricing, and risk management.
Identify opportunities within cross-border payments and FX markets, including digital assets (e.g., stablecoins).
Design and implement operational infrastructure, controls, and processes from the ground up.
Establish strong risk management and compliance frameworks.
Oversee transaction processing, reconciliation, and reporting systems.

Qualifications

Extensive experience in payments and financial services, with a strong understanding of the Nigerian market.
Proven track record in business development, strategy execution, and scaling operations.
Deep knowledge of regulatory frameworks, particularly those governing payments and financial institutions in Nigeria.
Experience in building and managing relationships with financial institutions and partners.
Expertise in treasury operations, FX management, and liquidity sourcing.
Strong leadership and operational management skills.
Excellent communication and stakeholder management abilities.

Benefits & Perks

Opportunity to build and lead a significant business unit.
Competitive compensation package.
Strategic role with high impact on company growth.

How to Apply

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Nigeria's financial sector is experiencing rapid digital transformation, creating a significant demand for experienced payment leaders. This role is pivotal in establishing and scaling a new payments business, requiring expertise in market entry strategy, regulatory compliance, and operational infrastructure development. Key technical areas include cross-border payments, FX markets, digital assets like stablecoins, and treasury operations. The impact of this position extends to driving significant business ROI through high-volume transaction processing and the successful launch of innovative payment solutions, signaling a critical leadership role in organizational growth.