Internal Control / Audit Executive

• Responsibilities:
  

  • • Plan and execute risk-based audit and control reviews covering banking operations, credit, treasury, finance, compliance, branch activities, and other relevant areas.
      
    • Test and evaluate the adequacy and effectiveness of the Bank’s internal controls.
      
    • Identify control gaps, process weaknesses, policy breaches, operational risks, and their root causes.
      
    • Conduct transaction testing, sample reviews, reconciliations, and basic data analysis to identify errors, exceptions, irregularities, or potential fraud.
      
    • Prepare clear and timely audit reports containing prioritised findings, risk implications, recommendations, and remediation timelines.
      
    • Present periodic audit and control reports to the Managing Director/CEO and Board of Directors, as required.
      
    • Monitor management action plans and follow up on outstanding audit findings.
      
    • Verify the implementation and effectiveness of agreed corrective actions.
      
    • Support the review and update of the Bank’s policies, procedures, operational manuals, and internal control frameworks.
      
    • Assist with regulatory examinations, responses, and information requests.
      
    • Support engagements with external auditors and other assurance providers.
      
    • Participate in fraud risk assessments and investigations where required.
      
    • Maintain complete and properly documented audit working papers.
      
    • Provide periodic reports on control exceptions, remediation status, emerging risks, and repeat findings.
      
    • Perform other audit and control-related responsibilities assigned by the Managing Director/CEO or Board of Directors.
      

Requirements

• Requirements:
  

  • Minimum of 2-3 years of relevant experience in internal audit, internal control, compliance, risk management, or a related function.
    
  • Experience within banking, microfinance, fintech, or other financial services institutions is preferred.
    
  • Experience in branch audits, credit portfolio reviews, operational controls, transaction monitoring, or regulatory compliance will be an advantage.
    
  • No professional certification is required for the role.
    
  
  
  
  
• Required Skills and Competencies:
  

  • Sound knowledge of internal control principles and risk-based audit methodologies.
    
  • Good understanding of accounting principles, banking operations, credit processes, and regulatory compliance.
    
  • Proficiency in Microsoft Excel and basic data analysis.
    
  • Strong audit report writing and documentation skills.
    
  • Strong analytical, communication, and stakeholder-management skills
    
  • High levels of integrity, objectivity, confidentiality, and attention to detail.
    
  • Ability to work independently, manage multiple assignments, and meet deadlines
    

Benefits

• Remuneration:
  
  • Gross Annual Salary During Probation: NGN 3,000,000 (NGN 250,000 gross monthly) 
    
  • Gross Annual Salary Upon Successful Confirmation: NGN 4,200,000 (NGN 350,000 gross monthly)
    
  • Salary: ₦230k Net/mo (Pre-confirmation) ➡️ ₦318k net/mo (Post-confirmation)
    
  
  
  Benefits:
  
  • Training and professional development support.
    
  • Health Maintenance Organisation (HMO) coverage.
    
  • Subsidised accommodation through bed-space provision, subject to availability and applicable terms.
    
  • Performance bonuses, approved incentives, and other applicable benefits.
    
  • Pension contributions and other statutory employment benefits.