Internal Control Officer at Kuda Bank

Role Overview

• The successful candidate will work in partnership with all stakeholders. The role will be reporting directly to the Team Lead of Internal Control.

Responsibilities

• Assist in conducting internal control reviews across the bank by designing and implementing control testing programs to assess their effectiveness, collaborating with both finance and non-finance teams
• Daily Independent Call Over of all qualifying Transactions within 24 hours of posting
• Ensuring integrity of the general ledger through daily trial balance review and GL proofing
• Daily review of the reconciliation and settlement processes for NIP inward/outward, card & web transactions, Inter-bank transactions, agency banking, and biller transactions
• Ensure prompt resolution of all open issues in the Internal Audit Report, Management letter, Regulatory Examiners Report and other Statutory Examiners Report involving departments under your purview
• Daily and monthly reviews to ensure compliance with relevant laws, regulations, and industry standards
• Review of retail and business loan disbursement and other credit operations to ensure compliance with regulatory requirements and internal credit policies
• Conduct thorough investigations and spot checks in identified areas of weakness, providing recommendations for appropriate control measures to address deficiencies
• Perform income assurance to ascertain accurate revenue reporting
• Other duties may be assigned

Requirements

• At least 3-5 years experience in an Internal Control role of a bank
• ACA/ACCA is an added advantage
• The Ideal candidate is a critical thinker with a keen interest in improving an organization's internal control environment
• Solid understanding and experience with internal control frameworks
• Strong communication skills presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail
• Fintech experience is an added advantage