• Application Deadline: Thu, 21 Dec 2023 00:00:00 GMT
• Position: Internal Control / Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 4 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Role Overview

• We are seeking an experienced Internal Control and Compliance Officer to ensure adherence to regulatory requirements, internal policies, and best practices within our microfinance bank.


• The ideal candidate will have a strong background in Bank One and microfinance banking operations, ensuring robust internal controls and compliance mechanisms.

Responsibilities

• Develop, implement, and maintain effective internal control policies, procedures, and frameworks in line with regulatory standards and industry best practices.


• Conduct regular audits and assessments to evaluate the bank's operations, processes, and systems, identifying areas of non-compliance or potential risks.


• Monitor and enforce compliance with legal and regulatory obligations, including Bank One requirements and microfinance banking regulations.


• Collaborate with various departments to provide guidance on compliance-related matters and facilitate training programs to promote awareness of compliance protocols.


• Investigate and resolve compliance issues, developing corrective action plans and providing recommendations to mitigate risks.


• Prepare and present reports to management outlining findings, recommendations, and areas for improvement related to internal control and compliance.


• Stay updated on changes in regulations, advising the management team on necessary adjustments to ensure ongoing compliance.

Requirements

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


• 4-5 years of experience in internal control, compliance, or audit roles within the banking sector, with a focus on Bank One and microfinance banking operations.


• In-depth knowledge of regulatory requirements, including Bank One standards, microfinance banking laws, and compliance frameworks.


• Strong analytical skills with the ability to identify and address compliance issues effectively.


• Excellent communication and interpersonal skills to collaborate with diverse stakeholders.


• Attention to detail and the ability to work independently in a dynamic environment.