Internal Audit Manager at CapitalSage Technology Limited

• The Manager Internal Audit will be charged with the development, implementation, coordination, monitoring and evaluation of the Companies’ audit, risk and compliance strategy towards achievement of overall business objectives.
• The role will ensure synergy of efforts across the three (3) lines of defence i.e. Management, Risk Management & Compliance and Internal Audit roles in CapitalSage Technology, whilst maintaining independence of the Internal Audit function.

Duties and Responsibilities

Principal Responsibilities

• Develop and execute the Plan, execute and report on operational, financial, regulatory and compliance related audits/review across CapitalSage Technology’s business operations
• Drive compliance with policies, procedures, regulations and statutory requirements that impact on the Company’s operations
• Provide overall guidance, leadership support and strategic direction to the Internal Audit team towards alignment with overall goals and objectives of the organisation
• Prepare periodic reports and perform other duties as required by the ED Internal Audit, Managing Director and/or Board of Directors

Audit

• Provide assurance to the management and board of CapitalSage on the design and operating effectiveness of internal controls across the Company’s business operations
• Develop a risk-based Internal Audit Plan annually, detailing areas of the business to be audited for review by the ED Internal Audit
• Review the audit universe and strategy as required by changes in the businesses and revised risk assessment
• Review and update the Internal Audit Charter periodically
• Drive the team to implement the audit plan and strategy towards provision of independent assurance to management and the Board of Directors on the operating and design effectiveness of internal controls
• Design, implement and continuously review internal audit procedures to cover functional areas/inter-company relationships and/or transactions
• Drive IT Audit across applications, databases, operating systems, infrastructure, and networks including for example Windows; Linux; Oracle DB; MSSQ, etc.
• Conduct reviews of audit reports and work papers ensuring professional standards are not compromised and that conclusions are adequately supported
• Articulate strategy towards monitoring of action plans by auditees towards timely resolution of investigated items, audit/review points and other key exceptional issues/matters
• Conduct spot checks and special investigations as required
• Perform Information Systems audits and reviews
• Provide quality assurance over information systems and applications the group

Risk Management

• Interpret relevant standards and regulatory requirements in areas of operational risk, and recommend controls or policy requirements for all aspects of the business
• Advice the organisation, management and the Board on good governance and best practices
• Interpret and analyse reports/data/information to identify possible risk exposure and mitigation measures

Compliance

• Develop and audit work program towards assessment of the regulatory compliance levels across the business
• Identify gaps that relate to the compliance function and communicate to stakeholders of the organisation
• Assess the standardization of control processes and practices, as well as application of relevant control tools and techniques within the organisation
• Investigate compliance breaches and identify remedial actions

Technical Competencies

• Experience engaging with Board Audit Committees, regulators, and senior executives on tech-led risk governance
• Strong knowledge of financial services regulations (e.g., CBN, SEC)
• Proficiency in forensic audit, fraud detection, and financial controls
• Familiarity with industry standards such as COSO, IIA Standards, and IFRS, and ISO 27001 for information security audits
• Regulatory intelligence and compliance oversight
• AI-driven audit architecture and data governance
• Knowledge of risk management practices and standards
• Good knowledge of IFRS
• Strong analytical skills; including data analysis using ACL or MS Excel
• Proficiency in the use of MS Office (Excel, PowerPoint, Word)

Work Experience

• Possess a minimum of 12 years progressive experience in Internal Audit, risk management and compliance roles in the Banking and/or fintech industries
• Experience in an Audit and Accounting firm
• Experience in the financial services industry

Academic Qualification

• Minimum of a University degree - Second Class Honours division, a Master’s degree in related discipline is an added advantage

Professional Qualification

• Possession of a minimum of two of the under-listed professional qualifications
• Certified Information Systems Auditor (CISA)
• Certified Internal Auditor (CIA)
• Certified Fraud Examiner (CFE)
• Associate Chartered Accountant (ACA)
• Associateship of the Chartered Institute of Bankers (ACIB)
• Association of Chartered Certified Accountants (ACCA) or other relevant professional risk management qualification certifications