Government Relations (GR) Director

We are recruiting to fill the position below:

Job Title: Government Relations (GR) Director

Location: Lagos

Position Summary

• The role will involve monitoring regulatory developments and ensuring compliance.
• The GR Director will act as a strategic enabler for Renmoney's growth ambitions, including securing a national license, launching new products and supporting geographical expansion by proactively engaging regulators to remove barriers.
• The Government Relations (GR) Director will be responsible for building and maintaining strong relationships with regulatory bodies, policymakers, and government agencies to support the bank's business objectives.

Key Responsibilities
Stakeholder Engagement:

• Build partnerships with industry stakeholders to align common policy positions
• Engage with tax authorities (FIRS, LIRS) on evolving tax policies impacting operations
• Develop and maintain strong relationships with government ministries, regulatory agencies (e.g., CBN, NDIC, NIBSS, FCCPC, NITDA), legislative bodies, and industry associations
• Represent the bank in meetings, consultations, and public hearings related to the financial services industry
• Expand and maintain relationships with state-level regulators and agencies for branch licensing, operational permits, and state-specific compliance requirements

Policy & Regulatory Monitoring:

• Establish an early warning system for regulatory and policy changes that could affect Renmoney's strategy or operations."
• Coordinate with Compliance and Legal teams to ensure alignment with regulatory expectations and establish an early warning system for regulatory and policy changes that could affect Renmoney's strategy or operations
• Analyze potential business impact and advise senior management
• Track and interpret new laws, regulations, and government initiatives affecting the banking and fintech sectors

Advocacy & Influence:

• Prepare position papers, briefs, and presentations for submission to policymakers
• Develop and execute advocacy strategies to shape regulatory and policy outcomes in the bank's Favour
• Participate in consultations to provide feedback on draft regulations and industry reforms

Internal Advisory:

• Participate in business planning sessions to identify regulatory implications early in product and market entry strategies
• Advise on strategic opportunities and risks emerging from government actions
• Support product launches and expansion plans with regulatory engagement
• Provide regular updates to executive leadership on political, economic, and regulatory trends

Crisis & Issues Management:

• Coordinate response strategies in situations involving regulatory disputes or public policy concerns
• Lead regulatory engagement during high-impact events, including regulatory inspections, product compliance queries, or operational disputes, ensuring minimal business disruption
• Serve as a key contact point for government relations during crises

Performance Indicators (KPIs)

• Number of strategic projects supported through proactive regulatory engagement
• Reduction in compliance-related delays or penalties
• Success in influencing policy outcomes beneficial to the bank
• Strength of relationships with key government and regulatory stakeholders
• Quality and timeliness of regulatory insights provided to management
• Level of proactive engagement in regulatory consultations and industry forums
• Time taken to secure regulatory approvals for planned initiatives

Requirements
Required Qualifications:

• 10+ years of experience in government relations, regulatory affairs, or public policy in banking, fintech, or telecoms
• Strong understanding of Nigeria's financial regulatory framework and political landscape
• Proven experience engaging with senior government officials and industry bodies
• Bachelor's degree in law, Political Science, Public Policy, Economics, or related field (Master's degree is an advantage)

Skills & Competencies:

• Strong analytical and policy interpretation skills
• High ethical standards and integrity
• Strategic thinking with problem-solving abilities.
• Ability to manage multiple stakeholders and sensitive information
• Excellent communication, negotiation, and relationship-building skills