UP® otherwise known as Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company founded in 1997 by a consortium of leading Nigerian banks. UP® operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.
Job Summary
- The Policy/Government Regulations Analyst will support the organization in ensuring compliance with relevant government regulations, policies, and laws.
- This role involves conducting research, monitoring regulatory developments, analyzing proposed and existing policies, and providing recommendations to internal teams.
- The analyst will assist in the preparation of regulatory reports, filings, and other compliance-related documentation, while also helping to ensure the organization remains informed and proactive about regulatory changes and their impact on business operations.
Responsibilities
- Monitor and analyze local, regional, and international government regulations and policies affecting the organization’s operations.
- Assist in the development and implementation of strategies to ensure organizational compliance with applicable regulatory requirements.
- Conduct research on regulatory trends, legislative changes, and governmental policies that may impact the organization.
- Prepare reports and summaries on regulatory matters for senior management and other departments.
- Assist in preparing and submitting regulatory filings, applications, and documentation required by government authorities.
- Provide guidance on regulatory compliance issues, identifying risks and proposing solutions to mitigate them.
- Ensure there is an effective system for the reporting of code of conduct violations and investigation within the organization
- Collaborate with legal, compliance, and other departments to support regulatory compliance and policy implementation.•Support the organization’s advocacy efforts by researching and drafting policy positions on relevant regulatory matters.
- Assist in the development of internal policies, procedures, and systems to ensure compliance with legal and regulatory requirements including privacy laws.
- Participate in training programs to educate internal stakeholders on regulatory changes and compliance requirements.
- Maintain a comprehensive understanding of industry regulations, standards, and government policies relevant to the organization’s business.
- Provide administrative support in managing relationships with government agencies and regulatory bodies
- Assist in auditing processes and conducting compliance assessments within the organization.
- Support the development of risk management strategies related to regulatory compliance.
- Report on the status of ongoing regulatory initiatives, highlighting potential compliance risks and opportunities for improvement.
Requirements
Education:
- Bachelor's Degree in Business Administration, Public Policy, Law, Risk Management, or a related field.
- A Master's Degree or equivalent in a relevant field is an advantage.
General Experience:
- Minimum of 3 years experience in policy analysis, government relations, or regulatory affairs, preferably in a corporate, governmental, or consulting environment.
- Experience in researching and interpreting government regulations and policies.
Technical Skills:
- Strong knowledge of relevant regulations, laws, and compliance standards applicable to the organization’s industry.
- Proficiency in analyzing and synthesizing complex policy and regulatory information.
- Ability to draft clear and concise reports, summaries, and policy documents.
- Familiarity with compliance and regulatory reporting systems.
- Strong research skills, with the ability to access and analyze government publications, databases, and reports.
Method of Application
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