Data Privacy & Protection Director

About us Ranked in 2024 by the Financial Times, Moniepoint is Africa’s fastest-growing fintech, trusted by over 10 million business and individual accounts , processing billions of Naira in transactions monthly . Our mission is to enable financial happiness for every African, everywhere. Job Title: Data Privacy & Protection Director Department: Compliance Reports to: Chief Compliance Officer Location: Lagos, Nigeria About this role The Data Privacy & Protection Director provides expertise and support in data privacy and protection matters, ensuring compliance with regulatory requirements such as the Nigerian Data Protection Act (NDPA) 2023 and other relevant data protection laws. The role oversees the entire data protection strategy, driving the implementation of policies and procedures that safeguard personal data and maintain the organization’s reputation for data security. You will also be responsible for managing the organization’s compliance framework, including conducting Data Protection Impact Assessments (DPIAs) and overseeing data breach response efforts. Responsibilities Governance Framework: Implement a data privacy governance framework (including Binding Corporate Rules) to manage data use in compliance with the Nigeria Data Privacy Act (NDPA) 2023. Policy Development: Set standards, formulate policies, and establish procedures for the organization to meet NDPA 2023 and other relevant regulations and requirements. Stakeholder Awareness: Ensure that employees, third-party processors (TPPs), vendors, and data subjects are fully informed about their data protection rights, obligations, and responsibilities. Regulatory Liaison: Serve as the primary point of contact and liaison for the Nigeria Data Privacy Commission (NDPC), other regulators, financial institutions, and customers on data privacy and protection-related matters. Query & Incident Resolution: Handle queries, complaints, claims, and notifications from regulators, law enforcement agencies, and data subjects, ensuring prompt feedback and resolutions. Impact Assessments: Work with product managers, project managers, and other internal stakeholders to conduct data privacy impact assessments (DPIAs) to ensure compliance with NDPA 2023 and extant regulations. Cross-Functional Alignment: Collaborate with IT teams to ensure that IT systems and procedures comply with NDPA and other relevant regulations. Security Coordination: Collaborate with the information security team to maintain records of customer data and data processing activities, while sustaining a data security management plan, a data breach response plan, and data retention structures. Training Strategy: Develop strategies to ensure continuous engagement with key internal and external stakeholders, and deliver targeted data privacy training to various business functions, TPPs, and vendors. Privacy Audits: Coordinate and conduct routine privacy audits, including a comprehensive review of the active privacy governance framework. External Auditing: Work closely with the Data Privacy Compliance Organization (DPCO) to conduct external regulatory audits and provide guidance and advice on privacy-related regulatory issues. Regulatory Monitoring: Monitor updates to local data privacy laws and regulations and make proactive recommendations to executive leadership when appropriate. Experience & Background Educational Background: A Bachelor’s degree in Law, Information Technology, Computer Science, Business Administration, or a related field. A Master’s degree in information security or law is highly preferred. Required Experience: Minimum of 10 years of hands-on experience in data protection, compliance, or a related field, with a deep operational understanding of the NDPA and other relevant data protection laws. Proven Track Record: Demonstrated experience managing data privacy in complex organizational settings, including executing data protection audits, leading DPIAs, and managing data breach responses. Profes…