Internal Control Officer at Bleuapple Consulting

Role Summary

• The Internal Control Officer carries out control functions; monitors and increases the efficiency of the Bank’s operations, detects, eliminates fraud and ensures compliance with relevant regulations
• He/She performs audit of the accounting and financial data and information of the different business units.

Duties

• Identify all aspects of non-compliance with internal policies & procedures; its implementation on products & services and make recommendations for improvement.
• Conduct field visit to verify the formation of groups, existence of the client and their household, existence of business(s) which the loan is disbursed, quality and maintenance of collateral pledged (in the event of a loan)
• Prepare reports of inspection visits and submit to the Head, Internal Control within few days after the visit
• Based on findings, provide recommendations for improvement of policies and procedures
• Review all banking processes in compliance with set policies and procedures and report any anomalies or discrepancies to the Head, Internal Control.
• Ensure compliance with KYC procedures in processing new customers in an effort to control Money Laundering activities or fraud.
• Ensure that suspicious transactions are identified and duly reported as per the reporting guidelines to the Head, Internal Control for further action.
• Ensure implementation of treasury and cash management policies in the back office and report any identified weaknesses.
• Ensure proper record keeping of all customer documents and any other accounting support documents to secure confidentiality.
• Ensure implementation & compliance with Business Continuity Management Policies.
• Participate in the review of policies and procedures
• Conduct organisational audits to make sure that departments adhere to established procedures
• Identify risks and develop plans & strategies to mitigate against them/prevent them
• Evaluate the business’ recovery procedures for operational disruptions
• Communicate potential risks and disruptions of the business to managers
• Act as middle-men between the business and external auditors and regulatory bodies.

Educational Qualifications

• B.Sc qualification in Finance, Business Administration, Economics, Statistics, Accounting
• Minimum of 2 years experience in Audit process, Compliance and Regulatory requirements
• Experience in writing internal policies, procedures and process evaluation & documentation.

Skills and Competencies:

• Attention to detail
• Analytical and Critical Thinking skills
• Excellent Communication skills - both verbal and written
• Good Knowledge of Health & Safety policies
• Great use of Microsoft Suite
• Ability to maintain accurate record keeping
• Great Interpersonal skills
• Ability to interpret financial information
• Highly organized with strong leadership skills.