Internal Control & Compliance Officer at Pishon and Brooks Advisory Services

JOB SUMMARY:         

• Internal Control & Compliance guarantees that the business processes and transactions follow all relevant legal and internal guidelines.

RESPONSIBILITIES:      

• Develop and implement compliance model required for a bank to operate within acceptable standards
• Liaise with senior managers to ensure proper implementation of established compliance policies
• Review internal Company policies to ensure they align with all requisite regulations
• Conduct research to identify new regulations passed by state or federal governing bodies
• Monitor client financial activities to ensure they are legal and in compliance with internal and external Company policies
• Collaborate with other departments such as the risk management or internal audit unit to forward compliance issues for investigation
• Initiate or recommend an investigative process in response to complaints of policy or procedural violation
• Develop systems for the handling and resolution of policy violation
• Conduct internal audits prior to an external audit to ensure bank policies and operations are up to standard
• Monitor the operations and procedures of the different sections of the Company to ensure overall compliance
• Carry out assessments to identify areas of potential compliance risks in order to implement preventive/corrective strategies to address compliance issues
• Provide reports on a regular basis to executive management and the Board to keep them updated on progress of compliance operation
• Organize compliance programs to educate Company staff on recent and already existing compliance requirement
• Participate in seminars, conferences, and workshops to improve job knowledge.
• Investigate deviations and irregularities.
• Review control measures and report accordingly to the Managing Director and the Board.
• Internal Control and audit will focus on the traditional accounting functions of financial reporting, tax management and regulatory reporting. The department shall among other things ensure the timeliness, accuracy, and completeness of all required reports. This strategic business unit shall also be responsible for all the information requirements of the Company.

SKILLS             

• Must have a demonstrated sound knowledge of Controls and Compliance frameworks
• Must have demonstrated sound knowledge Regulatory requirements
• Good communication skills – both written and verbal
• Excellent Organizational Skills and Report writing skills
• High level of Integrity, Tenacity and Commitment
• Problem solving, negotiation and lateral thinking skills
• Good Relationship and time management
• Ability to work independently

QUALIFICATION

• Must have a first degree (Bsc/HND) in Accounting or any related discipline with ACA or ACCA
• Possession of CIBN certification will be an added advantage.
• Must have undergone certification program of CIBN for Microfinance Bank.

EXPERIENCE

• Must have minimum of 8 years post NYSC work experience with 2 years in senior management level in the Risk Management department in a Fintech Company.