Internal Control Officer

Location: Oyingbo, Lagos

Salary: 250,000

We are seeking an experienced Internal Control & Audit Officer to oversee the bank's internal audit function, evaluate operational processes, ensure strict adherence to internal policies and regulatory standards (CBN, NDIC, NIBSS), safeguard institutional assets, and minimize operational risk across all branches and digital channels.

Key Responsibilities

• Plan, execute, and document periodic internal audit engagements and operational risk evaluations across all departments and branches
• Monitor daily transaction workflows, credit operations, cash handling, and general ledger postings to ensure strict adherence to internal controls
• Review and assess compliance with CBN directives, NDIC guidelines, and internal policy frameworks
• Conduct routine and unannounced branch control audits, vault counts, and loan portfolio quality reviews
• Identify operational vulnerabilities, control lapses, and policy violations, providing actionable audit findings and mitigation recommendations
• Investigate financial discrepancies, fraud attempts, transaction errors, and policy breaches, issuing comprehensive investigation reports
• Evaluate core banking system transactions, user access permissions, and digital channel operations (e.g., BankOne) to prevent authorization bypasses
• Support external audit exercises, CBN/NDIC regulatory examinations, and assist management with audit issue tracking and remediation
• Deliver regular internal control awareness briefings to operational staff to foster a proactive risk mitigation culture
• Prepare clear, concise, and structured periodic audit and internal control reports for the Management Audit Committee and Executive Management

Requirements

• Bachelor\'s Degree/HND in Accounting, Banking & Finance, Economics, Business Administration, Microfinance, or a related discipline
• 2-5 years experience in internal control, internal audit, or risk inspection within a bank, MFB, or financial institution
• Sound knowledge of CBN microfinance banking regulations, internal audit methodologies, internal control frameworks, and accounting standards
• Hands-on experience auditing core banking software (e.g., BankOne) and digital financial service operations,
• Strong analytical skills, investigative mindset, data reconciliation capability, and professional report-writing skills
• Proven track record of evaluating loan portfolio quality, cash operations, and financial reconciliations
• Unquestionable integrity, objective judgment, high attention to detail, and administrative firmness
• Must reside in Lagos and be principled, analytical, detail-oriented, and comfortable driving a culture of strict operational discipline across digital and traditional microfinance operations