Internal Control Officer at a Licensed Fintech-Driven Microfinance Bank - Veridion Advisory Partners

Veridion Advisory Partners – Our client is a licensed fintech-driven microfinance bank positioned to redefine digital financial inclusion through technology-enabled lending, payments, and savings solutions. As a startup institution entering a critical growth phase, the organization is building a scalable digital banking model designed to serve individuals, SMEs, and underserved markets through secure, data-driven financial services aligned with CBN regulatory standards.

To establish a world-class financial foundation and institutional governance structure from inception, our client seeks an exceptional executive to fill the position below:

Job Title: Internal Control Officer

Location: Lagos
Employment Type: Full-time

Job Description

• The Internal Control Officer will be responsible for establishing and maintaining effective internal control systems, risk monitoring frameworks, and compliance processes across the bank’s operations.
• This role will support the development of a strong control environment for a digital microfinance bank, ensuring operational activities align with regulatory requirements, internal policies, and industry best practices.
• The successful candidate will play a key role in identifying operational risks, strengthening internal controls, and supporting audit readiness.

Responsibilities
Internal Control & Risk Monitoring:

• Implement internal control policies and procedures across banking operations.
• Monitor operational activities to ensure compliance with internal controls.
• Identify potential risk areas and recommend corrective actions.
• Conduct periodic control reviews across departments.

Operational Compliance & Governance:

• Ensure operational activities comply with CBN regulations and internal policies.
• Monitor adherence to approved procedures and regulatory guidelines.
• Review transactions to detect irregularities, errors, or control breaches.
• Support management in strengthening governance structures.

Process Review & Control Improvement:

• Evaluate operational processes to identify control gaps.
• Recommend improvements to enhance efficiency and risk mitigation.
• Assist in designing control frameworks for new banking products and services.
• Ensure proper segregation of duties within operational processes.

Audit Support & Reporting:

• Support internal and external audit processes.
• Maintain proper documentation for regulatory inspections and audits.
• Prepare internal control reports for management review.
• Track resolution of audit findings and control deficiencies.

Fraud Prevention & Investigation:

• Monitor transactions and activities to detect potential fraud.
• Investigate suspicious transactions and operational irregularities.
• Implement preventive control mechanisms to minimize fraud risk.
• Escalate control breaches and suspicious activities to management.

Requirements
Education:

• Bachelor’s Degree in Accounting, Finance, Economics, or related discipline.
• Professional certification such as ICAN, ACCA, CISA, or equivalent is an advantage.

Experience:

• Minimum 5 years experience in internal control, audit, or risk management.
• Experience within banking, fintech, or financial services is preferred.
• Familiarity with microfinance banking operations is an added advantage.
• Experience supporting regulatory audits and compliance reviews.

Other Requirements:

• Strong ethical standards and professional integrity.
• Ability to work independently in a startup environment.
• Strong documentation and reporting discipline.

Skills:

• Strong knowledge of internal control systems and risk management practices.
• Understanding of microfinance banking operations and regulatory requirements.
• Strong analytical and investigative skills.
• Attention to detail and high level of integrity.
• Good knowledge of financial operations and transaction monitoring.
• Strong reporting and documentation skills.

Remuneration

• Opportunity to contribute to the governance structure of a growing digital financial institution.
• Career growth within a fast-evolving fintech banking environment.

Application Closing Date
20th March, 2026.