• Application Deadline:
• Position: Internal Control and Compliance Personnel



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 5 years



• Location Oyo




• Job Field Finance / Accounting / Audit 
  
  

Job Description

• Responsible for designing, implementing, and monitoring efficient internal control systems to mitigate risk and ensure compliance with regulatory requirements.


• Evaluate financial and operational processes, identify areas of improvement, and recommend solutions.


• Oversee and ensure the effectiveness of internal controls and compliance with laws, regulations, and internal policies within an organization.


• Checking of all correspondence bank reconciliation accounts to ensure transactions are properly done as expected.


• Review of the statutory returns to regulatory authorities and government agencies to ensure accuracy and timely rendition monthly.


• Minimize risks and protect assets, ensure accuracy of records, promote operational efficiency, encourage adherence to policies, rules, regulations, and laws.


• Customers’ visitation for random deposit verification weekly.


• Review the accuracy and reliability of financial transaction records – cash deposits, cash withdrawals, treasury bills investments, fixed deposits, and funds transfer daily.


• Engage in loan recovery and reconcile customers’ loan accounts for closure when need arises.


• Involve in the thorough review of the bank’s accounting software for efficiency daily.


• Review credit or loan files for compliance daily.


• Conduct cash-counts of vaults daily.


• Reviewed customers’ account opening documents for compliance with Know Your Customer (“KYC”) policy and anti-money laundering requirements daily.


• Ensure compliance with the bank’s policies and conduct daily, weekly and monthly General Ledger (GL) review for reconciliation.


• Handle customer complaints (Fraud, disservice, etc.). When the need arises.


• Review expenses & payments. Daily


• Conduct sweep exercise and spot check on tellers and account officers.

 Qualifications

• Minimum of B.Sc. or HND Accounting / Banking Finance, MCIBN certification will be an added advantage.


• The candidate must have at least 3-5 years of Microfinance Bank experience in internal control.