Head Internal Audit & Compliance at Mkobo Bank

Mkobo Bank (MKOBO Microfinance Bank) is a Nigerian, CBN-licensed digital bank focused on financial inclusion, offering accessible services like short-term loans, salary advances (Earned Wage Access), savings, and financial education via mobile/digital platforms, targeting underserved Africans, especially salary earners, with a goal to improve financial well-being without traditional banking halls.

We are recruiting to fill the position below:

Job Title: Head Internal Audit & Compliance

Location: Yaba, Lagos
Employment Type: Full-time

Description

• The purpose of this role is to direct a comprehensive program of internal audit to ensure that internal control systems are effective and reliable.
• The role focuses on the integrity of financial, operational, and information technology systems.
• The Head of Internal Audit is also responsible for developing, updating, and executing the Internal Audit Charter, aligning it with IIA Standards.
• This position requires a proactive approach to identifying issues, recommending corrective actions, and establishing performance standards for the department.

Responsibilities

• Internal Control & Audit Planning: The role is responsible for the full audit cycle, including risk management and control management over operations' effectiveness, financial reliability, and compliance with all applicable directives and regulations.
• Lending Business Audits: Take the lead in auditing the entire lending lifecycle. This includes reviewing loan origination, credit underwriting, disbursement processes, loan repayments, and loan recoveries.
• Methodology & Controls: Develop testing methodologies to evaluate the adequacy of controls. Identify loopholes and recommend risk aversion and cost-saving measures.
• Third-Party and Regulatory Risk: Minimize third-party risk by assessing business partners and suppliers for risk.
• Daily & Weekly Call overs: Conduct daily and weekly call overs and report findings to management.
• Revenue Assurance: Implement a robust revenue assurance program to ensure all income streams, especially from lending activities, are accurately captured and reported.
• Accounts Review: Review management accounts and the CBN monthly report before they are submitted. Prepare a detailed report on findings.

Requirements

• Bachelor's Degree in Accounting or other discipline from a reputable University; Post graduate degree an added advantage
• Relevant professional qualification such as ICAN/ACCA/CIS/CFA/ACA/ACAMS. Must be CIBN MCP certified.
• 8-10 years’ experience in Risk/Control functions in the Financial Services Industry.
• Experience in a Microfinance bank setting in related role is an added advantage.
• Proven knowledge of auditing standards and procedures, laws, rules and regulations.
• Must have previous experience of reporting to a Board/Board Committee.

Application Closing Date
31st January, 2026.

How to Apply
Interested and qualified candidates should:
Click here to apply online