Internal Control Officer at Coinbox Limited

Job Summary

• The Internal Control Officer will oversee the implementation of the BDC’s compliance framework and risk management policies.
• The role is responsible for identifying, assessing, mitigating, and reporting risks while ensuring full adherence to applicable laws, CBN regulations, AML/CFT standards, and internal policies.
• This hybrid position supports the company's ethical operations and safeguards its assets, reputation, and regulatory standing.

Key Responsibilities

• Ensure the company operates within the regulatory frameworks of the CBN, NFIU, NDIC, and other relevant bodies.
• Monitor transactions to ensure compliance with AML/CFT regulations and file required returns (e.g., STRs, CTRs, NIL returns) with the NFIU and other regulators.
• Review and update the BDC's compliance manual and policies periodically.
• Conduct internal compliance reviews and monitor the implementation of corrective actions.
• Serve as the point of contact for compliance-related audits and inspections.
• Provide regular compliance training and awareness for staff.
• Liaise with regulators and attend compliance-related meetings or workshops.
• Identify and assess key risks to the BDC’s operations, including financial, operational, IT, and reputational risks.
• Develop and implement risk management policies and procedures.
• Monitor the risk environment and provide risk intelligence reports to management.
• Collaborate with different departments to conduct risk assessments and propose mitigation strategies.
• Track risk incidents and perform root cause analysis where necessary.
• Prepare and submit periodic risk reports to the Head of Risk & Compliance and senior management.
• Ensure business continuity plans are in place and periodically tested.

Qualifications & Requirements

• Minimum of HND or BSc. in Finance, Economics, Law, Accounting, or a related field.
• Minimum of 3–5 years’ experience in compliance, risk, audit, or internal control, preferably within financial services or a BDC.
• Knowledge of CBN guidelines, AML/CFT regulations, and risk management practices.
• Professional certification such as CAMS, CFE, CRM, CRMA, or ICAN is an added advantage.
• Excellent analytical, communication, and report-writing skills.
• High level of integrity, confidentiality, and professionalism.
• Proficient in Microsoft Office Suite and compliance/risk monitoring tools.
• Attention to detail and investigative mindset
• Strong ethical judgment
• Risk-based thinking and decision-making
• Regulatory and legal awareness
• Ability to train and influence others
• Time management and prioritization

Salary
N600,000 - N1,000,000 Monthly (Based on experience, qualification, and skill)