Responsibilities
Establish and continuously improve key internal control processes across all business units.
Ensure segregation of duties, authorization controls, and approval hierarchies are properly defined and enforced.
Review and strengthen control gaps identified across processes and recommend corrective actions.
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.
Maintain a compliance calendar and ensure adherence to all regulatory deadlines.
Conduct periodic internal control testing and compliance reviews across departments.
Identify control deficiencies, operational inefficiencies, and compliance breaches.
Ensure alignment between internal policies, regulatory requirements, and operational practices.
Support internal and external audit processes by providing required documentation and explanations.
Ensure effective implementation of AML/CFT and KYC policies and internal control procedures.
Review customer onboarding processes to ensure compliance with due diligence requirements.
Monitor suspicious transactions and ensure proper escalation and reporting procedures are followed.
Ensure controls are in place to mitigate financial crime and regulatory exposure.
Qualifications and Requirements
Bachelor's degree in Finance, Accounting, Business Administration, or related field.
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.
Must be knowledgeable withCBNrequirements
Strong understanding of internal control frameworks
Knowledge of regulatory frameworks governing financial services institutions.
Strong analytical, documentation, and reporting skills.