Head, Internal Control and Compliance Job in a Start-up Microfinance Bank

Corporate Headhunters Limited – Our client, a start-up Microfinance Bank located in Ekiti State is recruiting to fill the position below:

Job Title: Head, Internal Control and Compliance

Location: Ekiti

Requirements

• A graduate preferably in Finance, Accounting, or any other related course.
• Must be a chartered accountant with relevant professional qualifications such as ICAN/ACA/ACCA, etc.
• Must be a resident in Ekiti State (If not resident, she/he must be ready to relocate to Ekiti).
• Must have a minimum experience of 4 years in a similar role for a microfinance bank in Nigeria.
• Sound knowledge and compliance regarding different types of Circular of CBN and other Regulatory bodies and compliance of the circulars/ instructions accordingly.
• Experience in reporting to a Board.
• Proven competences in practical microfinance banking and possession of the Certificate in Microfinance Banking issued by the Chartered Institute of Bankers of Nigeria (CIBN) will be an added advantage.

Responsibilities

• Draw up, implement and update an appropriate internal control, audit, and compliance strategy framework for the bank.
• Design and draw up feasibility reports and business plans for the bank.
• Ensure complete compliance to the bank rules, policies, and regulations.
• Ensure quick investigations of fraud cases, forgeries, violation of policies and procedures and also ensure such issues with customers are adequately taken care of.
• Identify all non-performing accounts and provide strategies in collaboration with loan officers reviving such accounts.
• Ensure that loan facilities from the bank are in line with regulatory guidelines and policies.
• Ensure that statutory returns to government agencies are done within the required time frame.
• Make recommendations for policy amendments based on emerging issues in audit and internal control.
• Prepare and take adequate measures for quality assurance in operations i.e call over. General ledger proofing/reconciliation, integrity test, departmental control, etc.
• Handle risk assessments and provide an update on the risk management status of the bank to mitigate identified risks.
• Review customers’ account opening documents for compliance with Know Your Customer (“KYC”) policy and anti-money laundering requirements.
• Perform other duties and responsibilities, as may be assigned by the Managing Director or by the Board.

Deadline: Friday; 14th February, 2020.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@chhng.com clearly indicating the “Head, ICC – Ekiti” as the subject of your mail.