Internal Control and Compliance Officer at Ave Maria Microfinance Bank Limited

Ave Maria Microfinance Bank Limited of the Catholic Diocese of Oyo is one of the subsidiaries of our Ave Maria Multipurpose Investment Limited. It is a faith-based Micro Finance Bank established by the Catholic Diocese of Oyo to cater for all people, with emphasis on the poor and the vulnerable irrespective of religion, race, age or gender who are financially excluded. The Bank was officially incorporated as a bank by the Corporate Affairs Commission with registration number RC 1927811 and was finally licensed by the Central Bank of Nigeria (CBN).

We are recruiting to fill the position below:

Job Title: Internal Control and Compliance Officer

Location: Oyo Town, Oyo
Employment Type: Full-time

Job Description

• Ensure compliance on report rendition to regulatory bodies monthly.
• Ensure compliance to the bank rules, policies, and regulations daily.
• Reconciliation of correspondent bank accounts to ensure transactions are not outstanding beyond 2 weeks and bringing the exercise up to date monthly.
• Review of the statutory returns to regulatory authorities and government agencies to ensure accuracy and timely rendition monthly.
• Customers’ visitation for random deposit verification weekly.
• Review the accuracy and reliability of financial transaction records – cash deposits, cash withdrawals, treasury bills investments, fixed deposits, and funds transfer daily.
• Engage in loan recovery and reconcile customers’ loan accounts for closure when need arises.
• Involve in the thorough review of the bank’s accounting software for efficiency daily.
• Review credit or loan files for compliance daily.
• Review accounting records to ensure proper and compliance with company’s extant policies daily.
• Review and recommend changes to some of the company’s policies to ensure adequate control daily.
• Conduct cash-counts of vaults daily.
• Reviewed customers’ account opening documents for compliance with Know Your Customer (“KYC”) policy and anti-money laundering requirements daily.
• Ensure compliance with the bank’s policies and conduct daily, weekly and monthly General Ledger (GL) review for reconciliation.
• Handle customer complaints (Fraud, disservice, etc). When need arises.
• Review expenses & payments. Daily
• Conduct sweep exercise and spot check on tellers and account officers.

 Qualifications

• Required Qualifications: BSc / HND in Accounting, Banking and Finance, Economics and Business Administration with 2.2 or Lower Credit; MCIBN certification will be an added advantage.
• Candidate must have at least 3-5years Microfinance Bank experience in internal control.
• Candidate with Fresh Graduate may also apply.

Benefit
We offer an attractive remuneration package and opportunities for career and personal development.

Application Closing Date
31st January, 2026.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@avemariamfb.com using the Job Title as the subject of their email.

Note: Please note that shortlisted candidates will be invited for interview via SMS and Telephone Calls.