Internal Control and Compliance Officer at Sovereign Finance Limited

Responsibilities

• Monitor daily operations to ensure adherence to approved policies and procedures.
• Review operational processes and identify control weaknesses.
• Conduct routine and surprise checks on operational activities.
• Identify operational, financial, compliance, and reputational risks.
• Prepare reports on internal control lapses and exceptions.
• To conduct Know Your Customer (KYC) requirements on selected customers
• Monitor transactions for money laundering and terrorism financing risks.
• Review suspicious transaction reports (STRs).
• Monitor suspicious transactions and operational irregularities.
• Ensure staff comply with internal policies and operational manuals.
• Maintain compliance registers and documentation.
• Ensure timely rendition of statutory returns.
• Monitoring and Review Activities, e.g. Daily transaction call-over and review.
• Account review and reconciliation monitoring
• Expense and income verification
• Loan documentation review.

Skills and Competencies:

• Technical Skills e.g. financial analysis, credit review data analysis and report writing
• Soft skills e.g. Integrity and confidentiality, attention to detail, and problem-solving ability.