Internal Control Officer  at Nuggets Microfinance Bank

Job Summary

• We are seeking a meticulous and ethical Internal Control Officer to evaluate, improve, and enforce our internal control systems. The role ensures compliance with policies, procedures, and regulatory requirements, helping safeguard the institution’s assets and maintain operational integrity.

Key Responsibilities

• Review and assess internal processes, procedures, and documentation for compliance with company policies and regulatory standards.
• Conduct regular field visits to branches to verify operational activities and financial records.
• Identify process gaps, control weaknesses, and non-compliance issues, and recommend corrective actions.
• Ensure proper documentation, authorization, and record-keeping for all financial and operational transactions.
• Investigate reported frauds, irregularities, or operational lapses, and prepare detailed reports.
• Monitor loan disbursements, repayments, and reconciliations to ensure accuracy and compliance.
• Provide training and guidance to staff on internal control policies and compliance requirements.
• Prepare periodic internal control reports for management review.

Requirements

• Bachelor’s degree/HND in Accounting, Finance, Economics, Business Administration, or related field.
• Minimum of 1–3 years’ experience in internal control, audit, or compliance within a microfinance bank, commercial bank, or financial institution.
• Strong knowledge of microfinance operations, regulatory guidelines, and risk management principles.
• Proficiency in Microsoft Office Suite, especially Excel.
• Excellent analytical, investigative, and report-writing skills.
• High ethical standards, integrity, and attention to detail.

Key Competencies

• Internal audit and control processes.
• Fraud detection and prevention.
• Regulatory compliance.
• Problem-solving and analytical thinking.
• Communication and training skills.