Job Summary
The Head of Internal Control is responsible for the development and implementation of the Internal Control framework of the Bank.
The job holder will develop policies and procedures and monitor compliance in line with external regulations.

Duties and Responsibilities
Developing, reviewing, and implementing compliance policies, programs, and procedures.
Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions.
Developing and executing internal audit activities, consult with management on strategic plans and other business matters, and anticipate emerging risks
Participating in decision making with senior engagement management, provide meaningful insights, and seek to understand the broader impact of current decisions.
Take responsibility for the Bank’s annual control work program using the internal control framework within the Bank.
Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
Develop adequate training material on the internal control objectives, approach and methodology.
Documenting and testing business process and IT controls that support key financial operations.
Evaluating control deficiencies, and monitoring remediation actions, timelines, and progress.
Maintaining current knowledge of laws, regulations, procedures, and policies governing the Bank.
Lead the setup of the enterprise risk assessment for the bank and developing a risk log.
Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
Prepares monthly exception reports and presents to the Managing Director
Ensures capital & revenue expenditure complies with policies and approval limits
Ensure compliance of loans disbursement to credit policies.
Implements the anti-fraud campaign and assess compliance.
Prepares monthly regulatory renditions and returns.
Flexibility to carry out any other task as requested by Management.
Any other task assigned by the Managing Director.

Qualifications
HND / B.Sc in Accounting.
ICAN Certified.
Evidence of completion/ exemption of/from NYSC
Evidence of completion of Microfinance Certification program.

Experience:
Minimum of five (5) years of experience in Internal Control in a microfinance bank or financial institution.
Prior managerial experience in similar role or capacity
In-depth knowledge of Internal control framework for the Microfinance Industry/Commercial banking.

Method of Application
Interested and qualified candidates should send their CV to: godwin@thinkfinancemfb.com using the Job Position as the subject of the mail.