About Company:
FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures.
Job Description:
- The Internal Control Lead will be responsible for ensuring a strong internal control environment through the development of internal policies and procedures, ensuring their implementation and monitoring compliance by all employees.
- The position will work to foster standardization and consistency across of business processes and internal controls.
Roles and Responsibilities
- Continuous transaction Monitoring: Conducting daily, weekly, or periodic reviews of transactions, branch activities, and operations to identify lapses.
- Risk Assessment: Identifying and mapping risks related to operations, technology, or non-compliance to prevent fraud and financial loss.
- Regulatory & Policy Compliance: Ensuring all operations adhere to local regulations (AML/CFT), internal policies, and central bank directives.
- Transaction Spot Checks: Performing independent spot checks on transactions, specifically focusing on posting and GL movements, and electronic channels like Cards, ATMs or POS systems.
- Process Improvement & Reporting: Preparing detailed reports on control gaps, recommending remedial actions, and following up with management to ensure defects are corrected.
- Asset safeguard: Physical review of bank's assets from time to time.
Requirements:
- Minimum of bachelor’s degree
- At least 7 years banking experience in internal control or similar position
- Master’s degree in accounting, economics or Finance preferred.
- Professional Accounting Certification (ICAN, ACCA) preferred.
- Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint.
- High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely.
- Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses
Benefits
- Private Health Insurance
- Pension Plan
- Paid Time Off
- Hybrid work
- Training & Development programs
Salary
Very attractiveApplication Closing Date: Not specified
Application Instructions:
Click the button below to apply
Recruitment Process:
- Screening with a member of the recruitment team (30 min).
- Take Home Assignment.
- Final Interview with the Executive Director
Job Information
Deadline
Not specified
Job Type
Full-time
Industry
Banking
Work Level
Experienced
State
Lagos
Country
Nigeria