Head, Internal Control, Compliance & Risk Management (Microfinance) at First Excelsia

Key Responsibilities

• Develop an annual risk-based internal audit plan and oversee the implementation of the approved audit programs.
• Ensure comprehensive documentation of audit work plans, testing results, conclusions, recommendations, and follow-up actions on identified deficiencies.
• ⁠Provide technical assistance on investigations and special audit assignments, offering subject-matter expertise where required.
• ⁠Stay current on regulatory oversight trends and integrate a risk-based approach into audit planning and execution.
• Conduct periodic bank-wide risk assessments to identify exposures relating to internal controls, regulatory compliance, operational efficiency, and financial reporting accuracy.
• Provide recommendations to mitigate business risks and improve operational processes and efficiency.
• Direct and coordinate the activities of external auditors to ensure compliance with prescribed standards and guidelines.
• Prepare audit committee materials, participate in committee meetings, and present findings and recommendations to Executive Management and the Board.
• ⁠Investigate and report on whistleblower and hotline cases, ensuring appropriate escalation and resolution.
• Initiate and review policies and processes to ensure alignment with current legislation and industry best practices.
• Identify internal control deficiencies using strong analytical and critical thinking skills, assess risk implications, and recommend appropriate corrective measures.
• Lead enterprise risk assessment initiatives and maintain a comprehensive risk log.
• Conduct follow-up reviews of financial, operational, and regulatory compliance deficiencies identified during audits.
• ⁠Implement and monitor anti-fraud initiatives across the Bank.
• Prepare and submit monthly regulatory returns and statutory renditions.
• Perform any other duties as assigned by Executive Management or the Board.

Person Specifications

• Bachelor’s degree in Accounting, Finance, Economics, or related fields
• Professional certification (ACA, ACCA, CIBN) is mandatory.
• ⁠Minimum of 10–15 years’ relevant experience in Internal Control, Compliance & Risk Management.
• Must have banking experience in a similar senior-level role.
• Strong knowledge of internal audit standards, regulatory frameworks, enterprise risk management, and corporate governance principles.
• Excellent analytical, leadership, and stakeholder management skills.
• High integrity and strong cultural alignment with the organization.