FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.
We are recruiting to fill the position below:
Job Title: Internal Control Lead
Location: Lagos
Employment Type: Full-time (Hybrid)
About This Role
- The Internal Control Lead will be responsible for ensuring a strong internal control environment through the development of internal policies and procedures, ensuring their implementation and monitoring compliance by all employees.
- The position will work to foster standardization and consistency across of business processes and internal controls.
Roles and Responsibilities
- Continuous transaction Monitoring: Conducting daily, weekly, or periodic reviews of transactions, branch activities, and operations to identify lapses
- Risk Assessment: Identifying and mapping risks related to operations, technology, or non-compliance to prevent fraud and financial loss
- Regulatory & Policy Compliance: Ensuring all operations adhere to local regulations (AML/CFT), internal policies, and central bank directives
- Transaction Spot Checks: Performing independent spot checks on transactions, specifically focusing on posting and GL movements, and electronic channels like Cards, ATMs or POS systems
- Process Improvement & Reporting: Preparing detailed reports on control gaps, recommending remedial actions, and following up with management to ensure defects are corrected
- Asset safeguard: Physical review of bank's assets from time to time
Requirements
- Minimum of Bachelor's Degree
- At least 7 years banking experience in internal control or similar position
- Master's degree in accounting, economics or Finance preferred.
- Professional Accounting Certification (ICAN, ACCA) preferred
- Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint
- High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely
- Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses.
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/891529/internal-control-lead-at-fairmoney-microfinance-ba.html