Business Assurance & Internal Control Specialist at Princeps Credit Systems Limited

About the job

• The Business Assurance & Internal Control Specialist will be responsible for developing, implementing, and monitoring internal control systems to ensure operational efficiency, regulatory compliance, and risk mitigation. The role is crucial in maintaining transparency, reducing fraud, and improving process integrity within the loan operations.

Key Responsibilities

• Design and implement internal control frameworks and business assurance policies.
• Conduct risk assessments to identify financial, operational, and compliance vulnerabilities.
• Perform periodic internal audits to evaluate adherence to company policies and regulatory requirements.
• Analyze loan processes and transactions to detect discrepancies and prevent fraud.
• Provide recommendations for process improvements to enhance business performance and minimize risks.
• Collaborate with compliance and risk management teams to strengthen control measures.
• Develop training programs to ensure employees understand internal control policies and compliance requirements.
• Generate reports on audit findings and present them to senior management

Job Benefits

• Competitive Salary: We know competitive pay is essential. That's why we offer salaries that stand out, reflecting both industry benchmarks and your individual value.
• Health Insurance: We provide comprehensive health insurance benefits to ensure the well-being of our employees. Our health insurance plan encompasses a range of medical services, offering financial security and support for your healthcare needs.
• Performance Bonus: We recognize and reward our employees who have performed exceptionally well, our periodic performance bonuses reward employees and teams who have gone over and beyond to achieve their individual and team goals.
• Year-End 13th Month Bonus: As part of our commitment to recognizing and appreciating the hard work and dedication of our employees, we provide an additional financial benefit in the form of a 13th-month salary. This year-end bonus is one way we acknowledge and appreciate our employees for their commitment all year long.
• Leave Allowance: We acknowledge the significance of our employees taking breaks for rejuvenation. Alongside the annual leave entitlement, we offer leave allowance to ensure our employees enjoy their annual leave to the fullest.
• Employee Investment Advantage: We offer our people the opportunity to invest in the company with a special advantage - the privilege of enjoying a higher interest rate on their investments compared to external individuals. This exclusive benefit is designed to empower our team members and align their financial success with the success of the company.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• 4+ years of experience in internal control, audit, risk management, or business assurance.
• Strong knowledge of financial regulations, compliance standards, and risk assessment techniques.
• Proficiency in data analysis and reporting tools.
• Excellent problem-solving, analytical, and communication skills.
• Certifications such as CIA, CISA, or ACCA will be an added advantage.

Must have skills

• Risk Management & Internal Controls
• Compliance & Regulatory Knowledge