Lead - Internal Control at FairMoney

About This Role

The Internal Control Lead will be responsible for ensuring a strong internal control environment through the development of internal policies and procedures, ensuring their implementation and monitoring compliance by all employees.

The position will work to foster standardization and consistency across of business processes and internal controls.

Roles and Responsibilities

• Continuous transaction Monitoring: Conducting daily, weekly, or periodic reviews of transactions, branch activities, and operations to identify lapses.
• Risk Assessment: Identifying and mapping risks related to operations, technology, or non-compliance to prevent fraud and financial loss.
• Regulatory & Policy Compliance: Ensuring all operations adhere to local regulations (AML/CFT), internal policies, and central bank directives.
• Transaction Spot Checks: Performing independent spot checks on transactions, specifically focusing on posting and GL movements, and electronic channels like Cards, ATMs or POS systems.
• Process Improvement & Reporting: Preparing detailed reports on control gaps, recommending remedial actions, and following up with management to ensure defects are corrected.
• Asset safeguard: Physical review of bank's assets from time to time.

Requirements

• Minimum of bachelor’s degree
• At least 7 years banking experience in internal control or similar position
• Master’s degree in accounting, economics or Finance preferred.
• Professional Accounting Certification (ICAN, ACCA) preferred.
• Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint.
• High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely.
• Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses