Internal Control Officer in a Leading and Well Established Microfinance Bank

Job Title: Internal Control Officer

Location: Onitsha, Anambra
Employment Type: Full-time

Job Summary

• Our client, a leading and well established Microfinance Bank, is currently seeking qualified and experienced professionals to join its growing team.
• If you are passionate about delivering excellent results and advancing your career in the financial service sector, this is where you belong. Join the organization that values your growth, development and gives you the oppurtunity to buikd a rewarding career.
• Purpose of the Role Provides the daily independent check on the bank's operations — calling over transactions, testing controls, counting cash and flagging exceptions — so errors and fraud are caught early and depositor funds stay safe.

Job Responsibilities

• Support external auditors and CBN examiners; follow up implementation of their recommendations.
• Spot-check thrift collectors' remittances against app records; periodically visit routes to confirm customers' balances.
• Test operational controls: dual custody, password discipline, mandate verification, cheque handling.
• Verify new loans disbursed: documentation completeness, approvals within limits, and adherence to credit policy.
• Conduct surprise till and vault cash counts (at least weekly, and randomly).
• Investigate fraud alerts, shortages and policy breaches; document findings with evidence.
• Call over 100% of the previous day's transaction tickets against system postings each morning; raise exceptions immediately.
• Issue daily/weekly exception reports to the MD and track closure of every finding.
• Review GL, suspense and income accounts for unusual entries or ageing items.
• Branch Controllers (from Dec): replicate these controls at new locations/units.

Requirements

• Educational Qualification: B.Sc / HND in Accounting, Banking & Finance, Economics or related field.
• Experience Required: 3-5 years in internal control, internal audit or banking operations in a financial institution. Understanding of MFB processes and CBN prudential requirements essential.
• Professional Certification: ICAN/ACCA (qualified or part-qualified) or CIA an advantage; CIBN MCP desirable.

Technical / Job Skills:

• Call-over of transactions; control testing and spot checks; cash count procedures; GL/suspense account review; fraud detection and Excellent analytical and investigative skills, High ethical standards, integrity, and attention to detail, report writing; audit working papers; strong Excel; core banking report extraction.

Soft Skills & Attributes:

• Independence and courage to report findings; scepticism and attention to detail; discretion; firm but fair engagement with colleagues; strong documentation habits.The ability to speak igbo is an added advantage.