• Application Deadline: Fri, 30 Sep 2022 00:00:00 GMT
• Position: Internal Control and Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• Ensure compliance on report rendition to regulatory bodies monthly.


• Ensure compliance with the bank with rules, policies, and regulations daily.


• Reconciliation of correspondent bank accounts to ensure transactions are not outstanding beyond 2 weeks and bringing the exercise up to date monthly.


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


• 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 the need arises.


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


• Review credit or loan files for compliance daily.


• Review accounting records to ensure proper compliance with the company’s policies daily.


• Review and recommend changes to some of the company’s policies to ensure adequate control 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) reviews for reconciliation.


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


• Review expenses & payments. Daily


• Conduct sweep exercises and spot exercises for tellers and account officers.

Requirements & Qualifications

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


• A minimum of HND or B.Sc certification will be an added advantage.

Benefits / Packages

We offer a competitive remuneration package and opportunity for career and personal development.