Internal Audit Executive at Assets Microfinance Bank

Job Summary:

• We are looking to hire an experienced Internal Audit Executive who will assist in assessing and enhancing the bank’s risk management, control, and governance processes by conducting audits, identifying compliance gaps, ensuring adherence to regulatory requirements, recommending process improvements, supporting fraud detection, evaluating financial and operational activities, and providing reports to management for informed decision-making.

Responsibilities:

• Assist in developing and implementing risk-based internal audit plans.
• Conduct regular audits of financial transactions, operational processes, and regulatory compliance.
• Assess internal controls and identify areas of risk exposure.
• Prepare audit working papers, document findings, and provide recommendations for process improvement.
• Verify financial records, transactions, and reports for accuracy and integrity.
• Conduct branch and departmental audits to ensure policy compliance and financial discipline.
• Investigate fraud cases and irregularities, ensuring proper escalation where necessary.
• Prepare and present detailed audit reports with findings and recommendations to management.
• Maintain comprehensive audit records and ensure proper documentation of audit activities.
• Ensure adherence to regulatory and compliance requirements, including CBN and other relevant financial regulations.
• Evaluate the effectiveness of risk management strategies and internal controls.
• Report identified risks and weaknesses in operational processes and recommend corrective actions.
• Provide insights on process optimization and efficiency improvements.
• Work closely with other departments to implement best practices in financial control and operational governance.

Requirement:

• First degree in a relevant field
• 4 to 6 years as an internal auditor
• Bachelor's Degree in Accounting, Finance, Business Administration,
• ICAN, CIA CISA is highly preferred