Head, Internal Audit / Compliance Job at Mkobo Microfinance Bank
Mkobo Microfinance Bank Limited is registered in Nigeria as MKOBO Microfinance Bank (No. RC1234231), 3rd floor, 13 Hughes Avenue, Alagomeji, Yaba, Lagos. Mkobo is currently pivoting to a full service digital bank/Neobank. Our goal is to help hard working Africans to improve their financial wellbeing by making it easy for them to earn, save, spend and invest their hard earned money. We are currently recruiting for dynamic, creative, flexible and experienced team members with a passion for everything technology and a commitment to add their quota to the success of our vision.
We are recruiting to fill the position below:
Job Position: Head, Internal Audit / Compliance
Job Location: Lagos
The Role
- As an Internal Auditor you will provide systematic and disciplined approach to effectiveness of risk management control and governance processes.
- You will be accountable for the examination and evaluation of organization processes, reporting findings back to management regarding possible improvements and corrections.
- Hence you must possess a thorough knowledge of accounting procedures and a sound judgement.
- You will assess the accuracy, timeliness and relevance of management information, appraising the efficiency of established policies and procedures, reviewing them in the light of changing circumstances while also ensuring that Internal Control checks are carried out on all transactions.
Responsibilities
- Supervise and or conduct periodic reviews of the corporate departments and submit of reports on same in accordance with the approved audit plan, policies, processes and audit manuals
- Coordinate the planned audits to ensure targets as met as intended.
- Provide assistance to external auditors and the regulatory bodies as requested.
- Special duties and projects as may be assigned.
- Carry out fixed asset and stock of stationery review of the bank for cost control or reduction.
- Advise on the adequacy and effectiveness of management controls over those activities based on levels of exceptions observed in the periodic audits.
- Participate in the periodic external or internal/on the job-trainings of the bank.
- Carry out special investigation as may be directed by the HOD and management.
- Conduct periodic spot check on branches and departments and submit report on the exercise.
- Supervise and support members in audit team during and after audit exercise.
- Ensure efficiency and high quality work in audit exercises.
- Ensure that the unit maintains up-to-date and accurate records of audit reports and performance evaluations.
- Participate in the periodic review of audit manual/program.
- Carry out periodic or annual performance appraisals of assigned staff.
- Mentor, coach, train and hand hold staff under his supervision.
- Any other assignment as assigned by the CEO or the Board of Directors
Compliance:
- Establish and maintain Compliance Program to ensure the company's compliance to applicable laws, regulations and guidelines
- Implement effective monitoring systems to ensure regulatory compliance of the company
- Identify gaps and provide compliance training to management and internal staff to address any gaps that may affect the business operations
- Act as the key liaison with relevant regulatory authorities
- Follow-up to determine adequacy of corrective actions.
Qualifications
Minimum Requirements:
- Bachelor's Degree in Accounting or other discipline from a reputable University
- 5+ years of internal audit &/or external auditing experience in a reputable organisation.
- MBA or M.Sc. will be added advantage
- Relevant professional qualifications such as ICAN, ACCA, CIS, CIA, ACA, CIBN MCP certified
- Prior experience working in Fintech or payment services firm; Big 4 professional service firm; banking or other financial services firm, technology firms etc will be an advantage.
- Application of best practice audit standards and latest audit techniques, and tools
- Experience in data analytics and continuous auditing will be an added advantage
- Demonstrable knowledge of fraud schemes and indicators.
- Application of leading internal audit standards, risk management and control methodologies.
- International Professional Practice Framework IPPF.
- Business Processes.
- Accounting standards (IFRS)
- Data Analytics skills
- Excellent communication skills - verbal, written, presentation.
- Critical thinking and attention to detail.
Similar Jobs
- Chief Financial Officer Job at Michael Stevens Consulting Limited
- Finance Office Job at Koins Microfinance Bank Limited
- Junior Accountant Job at Myrtle Management Consultants
- Accountant Job at Savewell Luxury Homes Limited
- Job Vacancies at Kennedia Consulting Limited
- Accountant Job at Gtext Holdings
- Male Accountant Job at Odixcity Consulting
- Internal Control Officer Job at Fadac Resources and Services Limited
- Legal / Compliance Officer Job at Mintyn Digital Bank
- Key Account Manager (TV Category) Job at Jumia