Senior Internal Audit Control Officer at PalmPay Limited Full Time

Job Title: Senior Internal Audit Control Officer

Location: Ikeja GRA, Lagos
Employment Type: Full-Time

Job Summary

• The Internal Audit Control Officer plays a crucial role in ensuring the effectiveness of internal controls and compliance with regulatory requirements within the company.
• This position involves evaluating and improving the organization’s risk management, control, and governance processes through systematic reviews and assessments.
• The ideal candidate will have a strong background in auditing, risk management, and financial services regulations.

Key Responsibilities

• Internal Audit Planning: Assist in the development of the annual internal audit plan, including identifying key risk areas, defining audit objectives, and prioritizing audit activities based on risk assessment.
• Audit Execution: Conduct internal audit reviews in accordance with the established audit plan and professional standards, including planning, fieldwork, testing, and reporting phases.
• Risk Assessment: Assess the effectiveness of internal controls and identify areas of potential risk exposure through a combination of interviews, documentation review, and data analysis.
• Compliance Monitoring: Monitor compliance with relevant laws, regulations, and internal policies, and assess the adequacy of controls to mitigate compliance risks.
• Process Improvement: Recommend and facilitate the implementation of process improvements and control enhancements to strengthen the overall control environment and optimize business operations.
• Issue Identification and Resolution: Identify control deficiencies, compliance violations, and operational inefficiencies, and work with management to develop remediation plans and track progress towards resolution.
• Reporting: Prepare clear and concise audit reports documenting findings, recommendations, and management responses, and present audit results to senior management and the audit committee.
• Stakeholder Engagement: Build positive relationships with key stakeholders across the organization, including business units, compliance, risk management, and external auditors, to promote collaboration and knowledge sharing.
• Training and Awareness: Provide training and guidance to staff on internal controls, compliance requirements, and best practices for risk management and audit processes.

Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field; advanced degree or professional certification (e.g., CPA, CIA, CISA) preferred.
• Minimum of 3-5 years of experience in internal audit, risk management, or compliance roles within the financial services industry.
• Thorough understanding of financial services regulations, including but not limited to banking regulations, securities laws, anti-money laundering (AML) requirements, and consumer protection regulations.
• Strong analytical skills and attention to detail, with the ability to assess complex processes and identify control weaknesses or areas for improvement.
• Excellent communication and interpersonal skills, with the ability to interact effectively with individuals at all levels of the organization.
• Proficiency in audit software tools, data analytics techniques, and Microsoft Office applications.
• Ability to work independently, manage multiple priorities, and meet deadlines in a dynamic and fast-paced environment.

Application Closing Date
Not Specified.