Internal Control/Compliance Officer at Norrenberger Financial Group

Job Description

• The Internal control officer/Compliance will be responsible for increasing the operational efficiency of organizations, detecting and eliminating fraud and ensuring compliance with relevant regulations.

Job Responsibilities

• Ensure that line managers are appropriately defining and operating their controls to cover Norrenberger from the major risks it is exposed to.
• Perform second line control activities to ensure verification and challenge on a regular basis.
• Ensure homogeneous reporting on Internal Control framework is delivered to Management to address deficiencies and decide relevant action plans.
• Monitor the implementation of the action plans.
• Provide managers and management with the relevant Internal Control methodological support.
• Ensure key internal controls are defined, implemented, documented, assessed and monitored in front of material risks.
• Ensure internal control deliverables are consistent within and at the required level of quality.
• Deliver adequate and timely reporting on Internal Control framework and control deficiencies in line with requirements to ensure appropriate escalation and adequate action plans.
• Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
• Develop adequate training material on the internal control objectives, approach and methodology.
• Document and ensure internal control documentation/policy is understood and agreed by management, control functions, auditors and regulators.
• Conduct and supervise regular internal audits and reviews to assess the compliance of departments and individual employees.
• Address specific training and development needs to fill compliance gaps and ensure the organization is up to the set standard.
• Rendering weekly AML/CFT returns to SEC and NFIU.
• Ensure compliance of SEC and CBN rules and regulations
• Management of Regulatory compliance matrix dashboard to track, evaluate and ensure the implementation of regulatory directives.
• Interfacing with regulators on behalf of the company.
• Monitoring the performance of the compliance framework and related activities on a continual basis.
• Conduct monthly review of bank reconciliation statements for all existing bank accounts and monthly call over/review of transactions focusing on appropriate posting of transactions and ensuring compliance with statutory deductions.

Job Requirements

• B.Sc in Finance, Accounting
• Minimum of 5 years’ experience within the capital market sector.
• Must be a SEC sponsored Individual.
• Relevant Accounting Professional Certification is a bonus.