• Application Deadline:
• Position: Compliance / Internal Control Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 - 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Key Responsibilities

Internal Control & Risk Management:

• Develop and implement internal control policies, procedures, and frameworks.


• Conduct regular internal audits to assess operational efficiency and risk exposure.


• Identify gaps, weaknesses, and non-compliance issues, providing recommendations for corrective actions.


• Ensure that all transactions comply with the bank’s internal control processes and regulatory requirements.


• Investigate fraud, misconduct, and operational irregularities, providing reports to management.

Compliance Monitoring & Regulatory Adherence:

• Ensure the bank complies with regulatory guidelines from the CBN, NDIC, EFCC, SEC, and other governing bodies.


• Keep the organization updated on changes in microfinance banking laws and regulations.


• Conduct periodic compliance reviews and risk assessments.


• Prepare and submit regulatory reports to relevant authorities as required.

Policy & Procedure Implementation:

• Develop and review policies and procedures in line with regulatory requirements.


• Ensure that employees are trained and aware of compliance policies and ethical standards.


• Assist in enforcing adherence to anti-money laundering (AML) and counter-terrorist financing (CFT) regulations.

Reporting & Documentation:

• Maintain accurate records of all audit findings, control deficiencies, and compliance breaches.


• Provide timely reports to management on audit findings, regulatory updates, and compliance risks.


• Recommend process improvements to enhance internal controls and mitigate risks.

Fraud Prevention & Investigation:

• Monitor financial transactions for suspicious activities and report suspicious transactions as required.


• Investigate internal and external fraud cases, recommending preventive measures.


• Ensure adherence to Know Your Customer (KYC) and Anti-Fraud policies.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.


• Professional certification such as ACA, ACCA,or ICAN is an added advantage.


• 2 - 5 years experience in internal control, compliance, or auditing, preferably in a Microfinance Bank or Financial Institution.


• Strong knowledge of CBN regulations, Microfinance guidelines, AML/CFT laws, and risk management frameworks.