Internal Control

We are recruiting to fill the position below:

Job Title: Internal Control / Compliance Officer

Location: Maryland, Lagos
Employment Type: Full-time

Responsibilities

• Support internal and external audit processes by providing required documentation and explanations.
• Identify control deficiencies, operational inefficiencies, and compliance breaches.
• Monitor suspicious transactions and ensure proper escalation and reporting procedures are followed.
• Ensure segregation of duties, authorization controls, and approval hierarchies are properly defined and enforced.
• Ensure effective implementation of AML/CFT and KYC policies and internal control procedures.
• Establish and continuously improve key internal control processes across all business units.
• Ensure controls are in place to mitigate financial crime and regulatory exposure.
• Ensure full adherence to applicable financial regulations, including Central Bank guidelines and other statutory requirements.
• Liaise with regulatory bodies and ensure timely submission of statutory returns and compliance reports.
• Review customer onboarding processes to ensure compliance with due diligence requirements.
• Maintain a compliance calendar and ensure adherence to all regulatory deadlines.
• Review and strengthen control gaps identified across processes and recommend corrective actions.
• Conduct periodic internal control testing and compliance reviews across departments.
• Ensure alignment between internal policies, regulatory requirements, and operational practices.

Qualifications and Requirements

• Strong understanding of internal control frameworks
• Must be knowledgeable withCBNrequirements
• Professional certification in Compliance, Risk Management, Internal Audit, or AML is an advantage
• 3–7 years’ experience in internal control, compliance, audit, or risk management within a financial institution or finance house.
• Knowledge of regulatory frameworks governing financial services institutions.
• Strong analytical, documentation, and reporting skills.
• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.