Internal Audit and Control at Source Microfinance Bank

Role Overview

• We are looking for an experienced Internal Audit & Control to join our dynamic team.
• This is a full-time hybrid role as Internal Audit & Control located in Lagos with some remote work possible.
• The Internal Audit & Control will be responsible for maintaining a strong internal control environment by reviewing and monitoring the efficiency and effectiveness of operations, reliability of financial reporting, compliance with applicable laws and regulations, and safeguarding of company assets.
• The role holder will collaborate with other departments as well as external auditors and regulators to ensure compliance with company policies and regulatory requirements.

Responsibilities

• Conduct audit of existing processes, procedure and compliance level and recommend reviews and bridge compliance gaps
• Adequate communication of changes in internal process from time to time to stakeholders and users
• Design and implement AML/CFT program in line with regulatory requirement
• Render relevant regulatory returns/reports: AML/CFT, NDIC, CBN etc
• Conduct required checks to ascertain processes are implemented as per KYC, expenditures etc
• Conduct follow up review of financial, operational, or regulatory/compliances deficiencies observed during audits, regulators’ assessments

Candidate Specification

• Minimum of 5 years in internal control, audit and/or compliance
• Candidate must be CIBN certified i.e., obtained MCIB along with other role relevant certification(s)
• Experience working in Microfinance Bank and understanding of CBN stipulated ratio, standards, reporting and other relevant guideline is a must have
• Strong knowledge of auditing standards and principles, financial accounting principles, applicable laws, and regulation
• Previous and proven usage of Microsoft office, accounting and core banking solutions is essential for the role holder
• Proven experience in financial analysis and reporting
• Experience working with start-up is an advantage but not compulsory
• Excellent verbal and written communication and presentation skills is required
• Candidate must possess the ability to work independently and part of a team, should be a self-starter
• The desired candidate is expected to be primarily highly proactive and corrective in approach.
• Excellent analytical, strategic thinking, and problem-solving skills
• Bachelor's degree in accounting, finance, or related field