Head of Risk, Audit & Compliance

About the role

The Head of Risk, Audit & Compliance will lead the design, implementation and oversight of enterprise risk management, internal audit and regulatory compliance for a fast‑growing micro‑finance bank. Reporting to the MD/CEO and working closely with the CFO and Head of Operations, the role ensures safe, profitable operations in line with CBN guidelines and prepares the bank for a national licence.

Key responsibilities

• Develop and maintain the Risk Management Framework, risk appetite statement and enterprise risk register aligned with CBN MFB and Prudential Guidelines.
• Identify, assess and monitor credit, operational, liquidity, market, compliance, strategic and reputational risks across all branches.
• Conduct stress testing and scenario analysis for growth initiatives and present findings to senior management and the Board Risk Committee.
• Maintain credit risk policies, underwriting standards, concentration limits and provisioning processes.
• Design and execute a risk‑based internal audit plan covering all business lines and support functions.
• Perform periodic audits of financial controls, credit processes, branch operations, IT systems and regulatory compliance.
• Track audit findings, ensure timely remediation and support external audits and CBN examinations.

Required profile

• Senior‑level professional with at least 7 years of experience in risk management, internal audit and compliance within banking or micro‑finance.
• Deep knowledge of Central Bank of Nigeria (CBN) guidelines for micro‑finance banks.
• Proven ability to develop scalable risk frameworks and lead cross‑functional teams.
• Strong analytical and communication skills to interact with senior leadership and the Board.

Required skills