We are seeking a highly motivated professional to join our team in this critical position. This role requires a strong background in [relevant field], along with the ability to manage multiple responsibilities effectively. The ideal candidate will possess exceptional analytical skills, a keen attention to detail, and the capacity to work independently as well as collaboratively in a fast-paced environment. Responsibilities include [list key duties], while ensuring compliance with all organizational policies and industry standards. The successful applicant will demonstrate a commitment to continuous improvement and innovation, contributing to the overall success and growth of the organization. Proficiency in [specific tools/software] and prior experience in [relevant area] are essential qualifications for this role.
We seek an accomplished Internal Audit & Control Manager to integrate into our high-performing team.
This position is a full-time hybrid role based in Lagos, offering the flexibility of partial remote work.
The Internal Audit & Control Manager ensures the provision of independent and objective assurance regarding the adequacy and effectiveness of the Bank’s governance, risk management, internal control systems, and compliance processes.
The position is accountable for optimizing the Bank’s operational efficiency, protecting its assets, mitigating risks effectively, ensuring full compliance with regulatory mandates, and strictly enforcing internal policies and procedures.
We are seeking a dynamic professional to oversee key operational duties, ensuring seamless execution of projects and initiatives. The ideal candidate will be responsible for managing daily workflows, coordinating team efforts, and maintaining high standards of efficiency and productivity. They will analyze performance metrics to identify trends, implement process improvements, and drive organizational success through strategic planning and problem-solving. Collaboration with cross-functional teams, adherence to company policies, and a commitment to continuous learning are essential for this role.
Internal Audit Management involves supervising and leading audit engagements to assess and enhance the effectiveness of risk management, control, and governance processes across the organization. This role ensures compliance with regulatory standards and internal policies while identifying opportunities for operational improvements. Key responsibilities include planning, executing, and concluding audit engagements, managing audit teams, and communicating findings to senior management and stakeholders. The position requires strong analytical skills, proficiency in audit methodologies, and the ability to collaborate with various departments to drive corrective actions. Candidates should possess relevant certifications (e.g., CIA, CPA) and demonstrate a minimum of five years of audit experience, preferably in a managerial capacity.
Design and execute a risk-focused annual audit plan.
Perform regular evaluations of all business units, branches, and operational functions to ensure compliance and efficiency.
Evaluate the strength and efficiency of internal controls, governance frameworks, and risk management procedures to ensure they align with organizational objectives and compliance standards.
Conduct comprehensive audits encompassing financial, operational, compliance, and information systems domains to evaluate effectiveness, identify risks, and ensure adherence to established policies and regulations.
Compile comprehensive audit reports that detail findings, assess associated risks, and provide actionable recommendations.
Oversee the execution of audit recommendations and corrective measures to ensure adherence to established standards and policies.
Internal Control Monitoring: Implementing and maintaining robust internal control systems to ensure compliance with regulatory standards and organizational policies, while identifying and mitigating potential risks to safeguard company assets and financial integrity. This role involves conducting periodic assessments, evaluating control effectiveness, and recommending enhancements to strengthen operational efficiency and governance.
Assess the efficacy of operational controls throughout the Bank to ensure alignment with established standards and objectives.
Perform systematic verification of transactions, processes, and operational activities to ensure accuracy and compliance.
Assess existing control systems to identify potential weaknesses and propose strategic enhancements to bolster overall effectiveness and efficiency.
Ensure adherence to established policies, procedures, and delegated authority thresholds.
Implement and maintain robust segregation of duties alongside effective control mechanisms to ensure operational integrity and compliance.
Provide regulatory compliant assistance by ensuring all processes align with applicable laws, regulations, and industry standards. Offer guidance to internal teams on compliance requirements, interpret complex regulatory texts, and assist in the implementation of compliant practices. Identify potential compliance risks, conduct assessments, and recommend corrective actions to mitigate issues. Collaborate with legal and operational departments to maintain adherence to evolving regulatory frameworks.
Oversee adherence to regulations set by the Central Bank of Nigeria, FDIC directives, anti-money laundering and counter-terrorism financing standards, as well as all relevant statutory obligations.
Facilitate regulatory examinations and coordinate with external auditors to ensure compliance with established standards.
Oversee the execution of regulatory recommendations and management action plans to ensure adherence and alignment with established guidelines.
Financial and Operational Assurance professionals are responsible for ensuring the integrity, accuracy, and efficiency of financial processes and operational activities. They assess risks, implement internal controls, and verify compliance with regulatory standards to safeguard organizational assets and maintain operational excellence. Additionally, they analyze financial data to identify trends, discrepancies, or inefficiencies, providing actionable insights to enhance decision-making and strategic planning. Strong analytical skills, attention to detail, and proficiency in financial reporting tools are essential for success in this role.
Examine financial documents to verify their accuracy, completeness, and dependability.
Ensure the presence and security of assets through appropriate protective measures.
Perform cash counts, conduct vault inspections, and execute surprise checks, as applicable.
Evaluate and optimize procurement procedures while ensuring robust expenditure controls are in place.
Assess operational efficiency to detect potential areas for enhancing processes and driving continuous improvement.
Fraud Prevention and Investigation: Safeguarding organizational integrity through the proactive identification, assessment, and mitigation of fraudulent activities, ensuring adherence to regulatory standards and internal policies. This role involves conducting thorough investigations into suspected misconduct, analyzing financial data, and collaborating with cross-functional teams to implement preventative measures. Candidates must possess strong analytical skills, attention to detail, and a deep understanding of fraud detection techniques, compliance frameworks, and investigative methodologies. Responsibilities include documenting findings, reporting to stakeholders, and recommending corrective actions to enhance fraud prevention strategies.
Conduct thorough inquiries into potential instances of fraud, misconduct, policy breaches, and other irregular activities.
Perform specialized audits and conduct investigations as requested by management.
To identify and mitigate fraudulent activities, assess risks and recommend appropriate corrective and preventive measures to reduce overall fraud exposure.
Track fraud developments and promptly escalate critical incidents to both Management and the Board Audit Committee for review.
Conducts comprehensive audits of information systems to evaluate their security, integrity, and compliance with established policies and regulatory standards. Reviews system access controls, data management procedures, and disaster recovery plans to identify vulnerabilities and ensure operational resilience. Collaborates with IT and business teams to assess risk exposure and recommend corrective actions. Documents findings, tracks remediation efforts, and verifies the implementation of improvements to maintain alignment with organizational objectives and industry best practices.
Evaluate IT controls, oversee user access management protocols, assess system security measures, and verify data integrity controls.
Evaluate potential technology-related risks and ensure adherence to established information security policies and procedures.
Engage in system implementation reviews as necessary to ensure completion and adherence to established standards.
Designing and implementing comprehensive training programs to enhance employee knowledge and skills is essential for cultivating a culture of continuous improvement and compliance. Establishing awareness initiatives ensures that all team members are well-informed about company policies, industry standards, and emerging best practices. This role involves assessing training needs, developing engaging educational materials, delivering interactive sessions, and evaluating program effectiveness to drive measurable performance outcomes.
Foster a culture of internal control understanding and adherence across the Bank.
Offer expert counsel to departments regarding necessary controls and recommended methodologies.
Drive ongoing enhancements and operational refinements throughout the organization to foster sustained growth and excellence.
Overseeing reporting and governance functions, you will ensure compliance with regulatory standards and internal policies while maintaining accurate and timely financial disclosures. This role involves monitoring organizational adherence to governance frameworks, identifying risks, and implementing control measures. Additionally, you will collaborate with senior leadership to align reporting practices with strategic objectives and facilitate transparent communication with stakeholders. Strong analytical skills and meticulous attention to detail are essential for success in this position.
Compile monthly, quarterly, and annual audit reports to ensure compliance and transparency.
Prepare and deliver detailed audit findings to senior leadership, including Executive Management and the Board Audit Committee, ensuring clarity and alignment with organizational objectives.
Monitor audit issues and update the audit recommendation register accordingly.
Promptly elevate any substantial control breaches or high-risk findings to the appropriate level for immediate attention and resolution.
The position mandates a bachelor’s degree in a relevant field, along with a minimum of three years of hands-on experience in a comparable role. Proficiency in industry-standard software and tools is essential, complemented by strong analytical and problem-solving abilities. Candidates must demonstrate exceptional communication skills, both written and verbal, to effectively collaborate across teams. Additionally, the role requires the capacity to manage multiple priorities under tight deadlines while maintaining meticulous attention to detail.
A bachelor’s degree in Banking and Finance, Accounting, Economics, Business Administration, or a closely related field is required for this position.
A recognized professional qualification, including but not limited to ACA, ARCA, CIA, CISA, CFE, or an equivalent credential, is a mandatory requirement for this role.
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A minimum of three to five years of professional experience is required in Internal Audit, Internal Control, Compliance, Risk Management, or a closely related field.
Candidates should possess a proven track record of excelling in similar capacities within a digital banking setting to thrive in this position.
CBN (MCP) certification is a critical requirement for this role, and candidates must either already possess it or demonstrate a firm commitment to obtaining it within the first year of employment.
Demonstrates a thorough knowledge of microfinance banking operations, adheres to CBN regulations, and implements robust internal control frameworks.
Proficiency in utilizing work collaboration tools such as Microsoft Office and Zoho, alongside accounting and core banking solutions, is a prerequisite for this position.
Proficiency in start-up environments is advantageous, though not a prerequisite for this role.
Strong proficiency in both verbal and written communication, as well as presentation abilities, is essential.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
3 - 5 years
