Internal Control Lead at FairMoney

About This Role

• The Internal Control Lead will be responsible for ensuring a strong internal control environment through the development of internal policies and procedures, ensuring their implementation and monitoring compliance by all employees.
• The position will work to foster standardization and consistency across of business processes and internal controls.

Roles and Responsibilities

• Continuous transaction Monitoring: Conducting daily, weekly, or periodic reviews of transactions, branch activities, and operations to identify lapses
• Risk Assessment: Identifying and mapping risks related to operations, technology, or non-compliance to prevent fraud and financial loss
• Regulatory & Policy Compliance: Ensuring all operations adhere to local regulations (AML/CFT), internal policies, and central bank directives
• Transaction Spot Checks: Performing independent spot checks on transactions, specifically focusing on posting and GL movements, and electronic channels like Cards, ATMs or POS systems
• Process Improvement & Reporting: Preparing detailed reports on control gaps, recommending remedial actions, and following up with management to ensure defects are corrected
• Asset safeguard: Physical review of bank's assets from time to time

Requirements

• Minimum of Bachelor's Degree
• At least 7 years banking experience in internal control or similar position
• Master's degree in accounting, economics or Finance preferred.
• Professional Accounting Certification (ICAN, ACCA) preferred
• Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint
• High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely
• Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses.