Internal Control Officer (Ikeja) at Careers Verified

We are seeking a meticulous and proactive  Internal Control Officer to strengthen risk management and ensure compliance within our lending operations. The role involves monitoring credit processes, evaluating loan documentation, detecting irregularities, and recommending controls that safeguard company assets while ensuring adherence to regulatory and internal policies.

Key Responsibilities

• Review and evaluate the internal control systems across loan origination, disbursement, monitoring, and recovery processes.
• Ensure compliance with lending policies, regulatory requirements, and industry best practices.
• Conduct periodic checks on loan files, customer documentation, and disbursement approvals to detect errors or fraud.
• Identify control gaps in credit risk management and recommend corrective measures.
• Monitor adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
• Perform spot checks on loan officers, collections, and recovery processes.
• Investigate irregularities, suspicious activities, and breaches of company policies, escalating findings to management.
• Prepare detailed reports on control deficiencies, risk exposures, and process improvement opportunities.
• Train staff on compliance standards, ethical conduct, and proper documentation procedures.
• Collaborate with auditors, regulators, and risk management teams to strengthen the control environment.

Requirements & Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or related field.
• Minimum of 3–4 years proven experience in internal control, audit, or compliance within a loan/microfinance/financial services company.
• Strong knowledge of credit processes, loan administration, and regulatory requirements in the financial services sector.
• Sound understanding of internal control frameworks, fraud detection, and risk management practices.
• Excellent analytical, investigative, and reporting skills.
• Proficiency in Microsoft Office Suite and core banking/loan management systems.
• High ethical standards, integrity, and attention to detail.
• Strong communication and interpersonal skills.

Competencies

• Integrity and confidentiality in handling sensitive financial data.
• Risk-based approach to problem-solving.
• Strong organizational and time management skills.
• Ability to detect fraud, policy breaches, and control weaknesses.
• Proactive and results-driven with a process improvement mindset.