Head of Internal Control and Compliance Officer (Male) at a Financial Institution - TMAsourcing

TMAsourcing - Our client, a Financial Institution, is recruiting to fill the position below:

Job Title: Head of Internal Control and Compliance Officer (Male)

Location: Egbeda, Lagos
Employment Type: Full-time
Working Hours: Monday - Friday 9am to 5pm

Job Description

• We are seeking a dilgient, detail oriented and experienced Head Of Internal Control and Compliance Officer (Male) in a Fianacial Sector in Egbeda to our team.
• The head of Internal Control and compliance Officer will be responsiblein delivering the organization’s strategic objectives,by objectively assessing the adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management internal control and compliance.
• The head of the internal control officer will oversee risk management processes, ensure adherence to regulatory standards, and enhance operational efficiency. The Ideal candidate will have a strong background in auditing, compliance, and internal controls

Key Responsibilities

• Developing, reviewing, and implementing compliance policies, programs, and procedures
• Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions
• Developing and executing internal audit activities, consult with management on strategic plans and other business matters, and anticipate emerging risks
• Documenting and testing business process and IT controls that support key financial operations
• Evaluating control deficiencies, and monitoring remediation actions, timeliness, and progress
• Maintaining current knowledge of laws, regulations, procedures, and policies governing the Bank
• Lead the setup of the enterprise risk assessment for the bank and developing a risk log
• Take responsibility for the Bank’s annual control work program using the internal control framework within the Bank
• Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
• Develop adequate training material on the internal control objectives, approach and methodology.
• Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
• Prepares monthly exception reports and presents to the Managing Director
• Ensures capital & revenue expenditure complies with policies and approval limits
• Ensure compliance of loans disbursement to credit policies
• Implements the anti-fraud campaign and assess compliance
• Prepares monthly regulatory renditions and returns
• Flexibility to carry out any other task as requested by Management.
• Any other task assigned by the Managing Director.

Requirements

• HND / B.Sc in Accounting or other relevant field
• ICAN/ACCA is an added advantage.
• Completion of Microfinance Certification program is an added advantage .
• Minimum of four (4) years’ experience in Internal Control in a Microfinancebank or financial institution.
• In-depth knowledge of Internal control framework for the Microfinance Industry/Commercial banking.

Salary
N350,000 Monthly.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV to: tmasourcingconsult@gmail.com using the Job Title as the subject of the mail.