Head of Internal Audit

Location: Lagos
Employment Type: Full Time

Who We Are

• We provide loans, savings, and fixed deposit solutions to our customers. Our vision is to be the most convenient lending company, delivering outstanding service experience.
• We're a passionate team determined to challenge the status quo and make financial inclusion count for the millions of under-banked individuals and small business owners in Nigeria.

The Role

• The role is responsible for leading the Internal Audit function, evaluating risk management processes, ensuring compliance with regulatory requirements, and assessing the effectiveness of governance, operational, financial, and technology controls across the organization.
• The successful candidate will play a strategic role in safeguarding the Bank's assets, improving operational efficiency, supporting regulatory compliance, and promoting a strong culture of accountability and risk awareness.
• The Head of Internal Audit will provide independent, objective assurance and advisory services designed to improve the Bank's operations and strengthen its internal control environment.

What You Will Do
Internal Audit Strategy & Leadershi:

• Ensure audit activities are aligned with regulatory requirements, business objectives, and emerging risks
• Develop and implement the Bank's annual risk-based internal audit plan
• Continuously improve audit methodologies, frameworks, and reporting standards
• Present audit findings, reports, and recommendations to Executive Management and the Board Audit Committee
• Provide strategic leadership and direction for the Internal Audit function

Risk Management & Internal Control:

• Conduct periodic reviews of operational, financial, regulatory, and IT risks
• Monitor control gaps, emerging risks, and remediation activities across the Bank
• Evaluate the adequacy and effectiveness of internal controls across business operations, financial reporting, technology, and compliance processes
• Assess risk management frameworks and recommend improvements where necessary

Audit Execution & Assuranc:

• Review audit findings, working papers, and recommendations to ensure quality and consistency
• Oversee the execution of operational, financial, compliance, and IT audits across the organization
• Conduct investigations into suspected fraud, misconduct, or control breaches where required
• Ensure proper documentation and maintenance of audit records and reports.
• Ensure audit assignments are completed efficiently, accurately, and within agreed timelines

Regulatory Compliance & Governance:

• Ensure compliance with CBN regulations, internal policies, and applicable regulatory requirements
• Liaise with regulators, external auditors, and relevant stakeholders on audit-related matters
• Support regulatory examinations and external audit engagements.
• Monitor compliance with corporate governance standards and industry best practices

Stakeholder Engagement & Advisory:

• Provide guidance to management on governance, operational efficiency, and control best practices
• Promote a strong culture of internal control, ethics, and compliance across the organization
• Partner with business leaders to provide advisory support on process improvement and risk mitigation initiatives
• Build strong working relationships across departments while maintaining audit independence.

Reporting & Analytics:

• Analyze audit trends and provide insights to support decision-making and continuous improvement.
• Track audit findings, management responses, and remediation status
• Prepare periodic audit reports and dashboards for Executive Management and the Board Audit Committee

Requirements What You Bring
Education & Professional Qualifications:

• Professional certifications such as ACA, ACCA, CIA, CISA, or related certifications are required
• Master's degree or additional professional qualifications are an added advantage
• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related discipline

Experience:

• Strong understanding of banking operations, regulatory requirements, risk management, and internal control frameworks
• Experience leading operational, financial, compliance, and IT audits.
• Minimum of 4 years in a leadership or managerial role
• Minimum of 8-12 years relevant experience in Internal Audit, Risk Management, Compliance, or Financial Control within banking or financial services

Technical Skills & Competencies:

• Experience with audit management systems, ERP platforms, and data analytics tools
• Good understanding of CBN regulations, IFRS, and corporate governance principles
• High level of integrity, confidentiality, and professional judgement.
• Strong analytical, investigative, and problem-solving skills
• Excellent report writing, presentation, and stakeholder management skills
• Strong knowledge of audit methodologies, risk assessment, and internal control frameworks

This Role Is Ideal For You If:

• You are passionate about strengthening controls, improving processes, and managing risk
• You thrive in dynamic, fast-paced environments and can lead with objectivity and professionalism.
• You can balance governance responsibilities with practical business realities
• You are highly analytical and detail-oriented
• You are confident engaging with senior stakeholders and regulators

Benefits

• You’ll receive competitive compensation and work with amazing people.
• You’ll work in a beautiful environment with a flat structure and solve complex, real-world challenges.