Internal Control and Compliance Officer at Microcred Group

Reports directly to: Compliance Manager

Main Responsibilities

• To Spot checks on cash (Vaults and Tills), transactions call over etc.
• Review of new files with the aim of correcting observed anomaly/ omission.
• On the spot assessment of staff attitude to work, approach/behaviours towards customers etc. with the aim of immediately correcting any possible deviation and escalating where necessary.
• Frequent field visits to selected customers especially those in overdue.
• This is a proactive way of discovering fraud and possible reason for default.
• Inculcating the culture of compliance, ethics and integrity into the branch staff, through constant and consisted sensitization of the entire staff.
• Communicating new changes to the branches under him/her as a way of emphasis to new circular/policy.
• Pre-disbursement visit as may be assigned by Operations.
• Contract and expense verification when the need arises.
• Develop and implement an effective legal compliance program.
• Create sound internal controls and monitor adherence to them.
• Draft and revise company policies.
• Proactively audit processes, practices and documents to identify weaknesses.
• Evaluate business activities (e.g. investments) to assess compliance risk.
• Collaborate with external auditors and HR when needed.
• Set plans to manage a crisis or compliance violation.
• Educate and train employees on regulations and industry practices.
• Address employee concerns or questions on legal compliance.
• Keep abreast of internal standards and business goals.
• Other functions as assigned by the Compliance Manager

Education/Experience

• University Degree in Finance, Business Administration or a related field
• Minimum of 2 years related experience
• Certified compliance professional is a plus.

Required Skills:

• Fluent in English Language
• Good interpersonal skills
• Attention to detail, organisational skills.