Internal Control Officer at Pathway Advisors Limited

Job Summary

• The Internal Control Officer is responsible for designing, implementing, monitoring, and strengthening the internal control framework of the Asset Management Company to ensure effective risk management, regulatory compliance, operational efficiency, and safeguarding of client and company assets in line with SEC and any other regulatory body, as well as meeting internal governance requirements.

Key Responsibilities

Internal Control & Governance

• Develop, implement, and continuously improve the company’s internal control framework in line with regulatory and best-practice standards.
• Establish control policies and procedures across investment operations, finance, risk, compliance, IT, and administrative functions.
• Ensure segregation of duties and appropriate authorization controls across all operational processes.
• Promote a strong control culture across the organization.

Risk Assessment & Control Testing

• Conduct periodic risk assessments to identify operational, financial, regulatory, and reputational risks.
• Design and execute control testing programs to evaluate the effectiveness of existing controls.
• Identify control gaps, weaknesses, and process inefficiencies, and recommend corrective actions.
• Track and monitor the implementation of agreed remediation plans.

Regulatory & Compliance Support

• Support compliance with SEC rules and any other regulations, investment guidelines, and internal policies.
• Ensure controls align with regulatory reporting requirements and internal governance standards.
• Liaise with Compliance, Risk Management, and Legal teams to ensure consistency across frameworks.
• Support regulatory examinations, inspections, and audits.

Audit & Assurance

• Coordinate internal control reviews and support internal and external audits.
• Review audit findings, prepare management responses, and monitor closure of audit issues.
• Ensure timely resolution of audit and regulatory findings.

Reporting & Documentation

• Prepare periodic internal control reports for Executive Management, Risk Committees, and the Board.
• Maintain updated documentation of processes, controls, risk registers, and control matrices.
• Provide management with insights on control effectiveness and emerging risk trends.

Process Improvement & Advisory

• Partner with business units to review processes and advise on control improvements without compromising operational efficiency.
• Provide internal control input for new products, system implementations, and process changes.
• Support business growth initiatives with sound control design.

People & Stakeholder Management

• Train staff on internal control policies, procedures, and risk awareness.
• Act as a trusted advisor to management on internal control and governance matters.
• Collaborate effectively with Investment, Operations, Finance, IT, and Compliance teams.

Key Performance Indicators (KPIs)

• Effectiveness of internal control framework
• Number and severity of control breaches
• Timely closure of audit and regulatory findings
• Quality and timeliness of internal control reports
• Level of compliance with regulatory and internal policies

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related field.
• Professional certifications such as ACA, ACCA, CIA, CISA, CRISC, or CFA is an advantage
• Between 3-6 years’ experience in a similar role
• Prior experience in asset management is an advantage

Required Skills & Competencies

• Strong understanding of asset management operations and investment processes.
• In-depth knowledge of internal control frameworks, risk management, and regulatory requirements.
• Excellent analytical, problem-solving, and attention-to-detail skills.
• Strong report writing and presentation skills.
• High level of integrity, independence, and professional judgment.
• Ability to influence stakeholders and work across multiple teams.

Behavioral Competencies

• Ethical and objective mindset
• Proactive and detail-oriented
• Strong leadership and accountability
• Excellent communication and interpersonal skills