Manager, Internal Control & Compliance at ESBI Entrepreneurs

Responsibilities

• Ensure all audit and verification records are accurately documented and accessible for future reference or regulatory audits.
• Evaluate and test the effectiveness of internal controls over financial reporting, loan processing, cash handling, and other critical operations.
• Investigate any irregularities, fraudulent activities, or policy violations, documenting findings and recommending corrective actions.
• Identify and assess risks related to fraud, financial misstatements, and operational inefficiencies through detailed audits and transaction verifications.
• Monitor the bank’s compliance with financial regulations, including anti-money laundering (AML), Know Your Customer (KYC), and other applicable laws.
• Verify and validate daily, weekly, and monthly transactions, including loan disbursements, deposits, withdrawals, and other financial activities.
• Conduct regular internal audits of financial transactions, accounts, and operational activities to assess accuracy and compliance with policies and regulations.
• Oversee and verify the accuracy of all financial transactions and records through the "call over" process, ensuring transaction logs and records are cross-checked with the supporting documents

Requirements

• Bachelor's Degree in Accounting/Finance from a reputable University
• At least 1 year of experience in internal auditing, financial verification, or accounting, preferably in the banking or microfinance sector.
• Proven knowledge of auditing standards and procedures, laws, rules and regulations.
• CIBN, MCP certified is a bonus
• Experience in a Microfinance bank setting in related role is an added advantage

Solid knowledge of banking operations, microfinance regulations, and financial management