Head of Internal Control
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Job Summary
- Design implement and monitor internal control policies and procedures in line with CBN guidelines for microfinance banks.
- Identify assess and manage operational credit financial and compliance risks.
- Ensure adequate segregation of duties across all functions especially cash handling loan processing and reconciliations.
- Ensure full compliance with CBN regulations and other applicable laws.
- Monitor adherence to internal policies operational manuals and regulatory limits.
- Prepare and submit internal control reports required by regulators and management.
- Conduct regular branch and head office control reviews.
- Review loan documentation disbursement processes and recovery activities to ensure compliance.
- Investigate fraud cases control breaches and irregularities and recommend corrective actions.
- Follow up on internal and external audit findings to ensure timely resolution.
- Review daily transactions cash management processes and reconciliations.
- Monitor expense controls revenue assurance and asset safeguarding.
- Ensure proper authorisation limits are observed at all levels.
- Prepare periodic internal control risk and compliance reports for management and the Board.
- Advise management on control weaknesses and process improvements.
- Support external auditors and regulatory examiners during audits and inspections.
Leadership & Capacity Building - Supervise and mentor internal control officers and branch control staff.
- Promote a strong compliance and risk culture across the bank.
- Conduct staff sensitisation on internal controls ethics and fraud prevention.
- Bachelors degree in accounting finance banking business administration or a related discipline.
- Professional qualifications such as ICAN ACCA CPA CIA or CISA are strongly preferred.
- A minimum of 510 years of experience in internal control audit or risk management preferably within a microfinance or deposit-money bank.
- Strong knowledge of CBN microfinance bank regulations and banking operations.
- Strong understanding of microfinance operations and credit processes
- High level of integrity and independence
- Strong analytical investigative and reporting skills
- Attention to detail and sound judgment
Excellent leadership and communication skills
Remunerations: 600000k - 1.2Million Net (700K - 1.5Million Gross.)
Other Benefits: HMO for a family of 3 End of year Pension 13th month and other company wide benefits.
Required Skills:
- Strong understanding of brand management corporate communications public relations and reputation management. -Excellent knowledge of the banking industry customer segments and the regulatory environment. - Demonstrated ability to develop and execute strategic communication and integrated campaign plans. -Strong media relations stakeholder management and networking capabilities. - Excellent verbal and written communication skills including speech writing presentations and executive messaging. -Ability to manage crisis communications and sensitive reputational issues with sound judgement. - Strong analytical skills with the ability to interpret campaign media and engagement data for decision-making. -Creative thinking strong attention to detail and ability to maintain consistency in brand expression. -Strong leadership people management vendor management and project coordination skills. -Good working knowledge of Microsoft Office tools and digital communication platforms.
Required Education:
Bachelors degree in accounting finance banking business administration or a related discipline.
