Head of Risk & Internal Audit at Amaanah Non-Interest Finance Company

Amaanah Non-Interest Finance Company is the pioneering non-interest finance company licensed by the Central Bank of Nigeria, committed to providing ethical investment and financing solutions to individuals, micro, small, and medium-scale enterprises (MSMEs), and startups. At Amaanah, we are redefining what it means to invest and grow ethically by providing fair, inclusive, and impactful investment and financing solutions and also driving shared prosperity across communities.

We move beyond conventional finance by rejecting interest-based models and championing a more impactful alternative: economic inclusion over just financial inclusion. We provide the ethical capital and strategic partnerships that empower individuals, MSMEs, and startups to fuel real economic growth and create lasting social impact.

We are recruiting to fill the position below:

Job Title: Head of Risk & Internal Audit

Location: Lagos
Job type: Full-time (Hybrid)

Job Description

• Own the Enterprise Risk Management (ERM) framework and the Risk Appetite Statement, recommending both to the Board annually through the Risk Management Committee.
• Identify, assess, monitor, and report on the firm's principal risks: credit, market, liquidity, operational, conduct, technology, regulatory, reputational, strategic, and Sharia-compliance risk.
• Oversee special reviews, fraud-risk assessments, and investigations; report all material findings directly to the Audit Committee.
• Track audit findings to closure, monitor management's remediation, and report ageing and repeat findings to the Audit Committee quarterly.
• Partner with the Chief Compliance Officer (CCO) on AML/CFT, Approved Persons, conduct, and consumer-protection compliance; ensure risk-function visibility into compliance breaches and remediation.
• Monitor regulatory developments from the CBN, SEC, NDIC, NFIU, and other applicable regulators; advise the executive and the Board on implications for the firm's risk profile.
• Present quarterly risk and audit reports to the Risk Management Committee and the Audit Committee, with material matters escalated to the full Board.
• Build, lead, and develop a high-performing Risk & Audit team — structured to preserve operational separation between the risk and audit sub-functions.
• Drive a risk-aware culture across the firm; act as a trusted advisor and challenger to executive peers without becoming a blocker to legitimate business agility.

Requirements
Educational Qualification:

• Bachelor's Degree in Finance, Accounting, Economics, Law, or a related discipline.
• Master's Degree (MBA or related) is an added advantage.

Professional Certifications:

• ACA, ACCA, or CPA (mandatory).
• CIA (Certified Internal Auditor) strongly preferred.
• CRMA, CISA, FRM, or PRM is an added advantage.
• Familiarity with Sharia-compliance assurance (AAOIFI Governance Standards) is desirable.

Experience:

• Minimum of 10–13 years' combined experience in risk management, internal audit, or compliance with material exposure to both risk and audit sub-functions.
• At least 5 years in a senior leadership role (Head of Department level or equivalent).
• Prior experience in financial services, fintech, asset management, or a similarly regulated industry is required.
• Experience reporting directly to a Board or Board Committee is strongly preferred.
• Experience with Nigerian regulators (CBN, SEC, NDIC, NFIU) is highly preferred; experience in non-interest / Islamic finance is an added advantage.

Application Closing Date
Not Specified.