Counsel, Digital Payment Services role is responsible for the development and review of regulatory frameworks for institutions licensed by CBK and advising on regulatory compliance issues. This generally includes assisting in policy formulation and review, undertaking legislative development processes, contract review and offering day to day legal /regulatory advisory opinions on matters Banking and Payment Services.
The role holder will provide advisory support to the Bank on new and emerging areas in the Banking & Payment Systems realm and hence will require close collaboration with various divisions and departments. He/She will also be responsible for working effectively as part of the team to deliver on the Key Result Areas and demonstrate competencies of his/her role.
As head of legal function in the department, the role holder will work/consult periodically with the General Counsel on legislative, legal advisory matters as well as litigation related matters.
Key Duties and Responsibilities
Strategic Responsibilities
Provide legal advice on emerging risks and innovations particularly in relation to Banking and Payment Services to enable the Bank to make strategic legal and compliance decisions.
Advice on review and development of legal and regulatory frameworks for institutions licensed by CBK.
Contribute as appropriate to the performance of other functions and to the overall achievement of the department’s and Bank’s strategic o
