Internal Control/
Audit Officer

Responsibilities

Internal Control Review and Assessment

• Conduct periodic assessments of internal control processes across business units, with a focus on investment management, treasury operations, customer transactions, and financial reporting.
• Evaluate existing policies, procedures, and control systems to determine adequacy, effectiveness, and alignment with regulatory standards.
• Monitor adherence to internal policies and flag deviations to relevant stakeholders for prompt remediation.

Audit Planning and Execution

• Assist in developing risk-based audit plans and participate in the end-to-end execution of audit engagements, including planning, fieldwork, reporting, and follow-up.
• Perform walkthroughs and testing of controls to validate process integrity and risk mitigation effectiveness.
• Draft audit findings and collaborate with auditees to ensure timely and actionable management responses.

Compliance and Regulatory Oversight

• Support compliance monitoring efforts by reviewing control activities for alignment with applicable regulatory frameworks (e.g., CBN, SEC, IFRS, AML/CFT standards).
• Assist in ensuring the timely implementation of recommendations arising from internal audits, external audits, and regulatory inspections.
• Maintain up-to-date knowledge of industry regulatory changes and assess their impact on internal controls.

Documentation and Reporting

• Prepare comprehensive internal control and audit reports with clear recommendations for corrective action.
• Maintain proper documentation of audit evidence, risk assessments, and testing procedures in accordance with internal audit methodology and quality standards.
• Track control weaknesses and follow up on corrective actions to ensure full closure of identified gaps.

Stakeholder Engagement

• Collaborate with departments across the organization to foster a culture of accountability, transparency, and continuous control improvement.
• Provide guidance to business units on control best practices and participate in internal training and awareness sessions.

• Other responsibilities as may be assigned