Internal Control Analyst at MBO Capital Management Company

DUTIES & RESPONSIBILITIES

Internal Control & Risk Assessment

• Perform internal control testing to assess effectiveness and recommend corrective actions where needed.
• Develop preventive, detective, and corrective control mechanisms across financial, operational, and IT processes.
• Conduct risk-based evaluations of internal controls over financial reporting, operations, and compliance to identify vulnerabilities and recommend improvements.
• Conduct process reviews and re-engineer workflows to improve efficiency and reduce control failures.
• Monitor key risk indicators (KRIs) to detect emerging control risks and ensure timely mitigation.
• Leverage data analytics tools (Power BI, Excel, Python, etc.) for automated control testing and fraud detection.
• Identify and automate manual processes to reduce inefficiencies and control lapses.

Regulatory Compliance & Risk Mitigation

• Monitor adherence to SEC, AML/CFT, IFRS guidelines and other financial regulations applicable to the company.
• Identify control gaps that may expose the company to regulatory penalties.
• Update control frameworks in response to regulatory changes and emerging risks.
• Support the development of Anti-Money Laundering (AML) and fraud prevention controls.

Audit Support

• Assist in coordinating internal audits and external audit engagements.
• Ensure timely closure of audit findings and continuous monitoring of remediated risks.
• Maintain comprehensive documentation of internal control frameworks, risk assessments, and compliance procedures.
• Track and report control deficiencies, remediation efforts, and progress updates to management.

Reporting & Communication

• Prepare detailed internal control reports for management, summarizing control issues, risk exposure, and recommendations.
• Facilitate internal control awareness training to promote compliance and a strong risk culture.
• Serve as a liaison between Risk Management, Legal & Compliance, and Finance to ensure effective controls.

EDUCATIONAL &PROFESSIONAL QUALIFICATION

• Bachelor’s degree in accounting, Finance, Economics, or related field.
• Professional Certifications: ACA, ACCA, CIA or CISA preferred
• Knowledge of internal control frameworks (e.g., COSO, Basel II/III, ICFR, ISO 31000).
• Strong understanding of SEC, IFRS, AML/CFT, and data privacy laws applicable to financial services.

EXPERIENCE

• 3–4 years of experience in Internal Control, Risk Management or Compliance within financial services, with exposure to IT controls.
• Hands-on experience with risk assessments, control testing, and regulatory compliance reviews.