Internal Control Manager

About the role

The Internal Control Manager is responsible for designing, implementing, monitoring and strengthening the internal control environment across the Group's microfinance, fintech and asset management businesses. The role safeguards assets, ensures reliable financial reporting and regulatory compliance, supports enterprise risk management and promotes a control culture aligned with the COSO framework and CBN and SEC regulations.

Key responsibilities

• Develop and implement internal control policies, procedures and standards, including preventive, detective and corrective controls, and update them regularly.
• Conduct daily, weekly and monthly control reviews, perform call-over and proofing of transactions, journals, reconciliations and system postings, and ensure segregation of duties and maker-checker controls.
• Support risk management by identifying and escalating risks, evaluating controls, developing and monitoring KRIs and control metrics, and escalating breaches to management.
• Ensure compliance with CBN and SEC regulations, AML/CFT requirements, and internal policies; coordinate responses to regulatory examinations.
• Implement fraud prevention measures, investigate suspected fraud and operational losses, maintain fraud registers and support whistleblowing investigations.
• Oversee controls on digital banking, payment systems, mobile banking, fintech operations, system access, cybersecurity controls, and reconciliation of digital channels and settlement accounts.
• Monitor investment operations, fund administration, portfolio management, NAV computation and client fund reporting, and verify authorization of investment transactions.
• Review bank reconciliations, suspense and settlement accounts, and General Ledger proofing; track audit findings and prepare internal control reports for management and board committees.

Required profile

• B.Sc. in Accounting, Finance, Economics, Business Administration or a related discipline.
• Certification such as ICAN, ACCA or CIA (Risk Management Association of Nigeria is an added advantage).
• Minimum 5-10 years of relevant experience in internal control and banking operations.
• Experience in microfinance, fintech, digital banking or asset management preferred.

Required skills

• Strong knowledge of internal control and risk management principles.
• Understanding of banking operations and fintech processes.
• Analytical, investigative, report writing and presentation skills.
• Proficiency in Microsoft Excel, ERP systems and banking applications.