Internal Audit and Risk Management Officer

Responsibilities:

Internal Audit:

• Plan and execute risk-based internal audits of financial, operational, and compliance activities.
• Review lending, investment, treasury, and other core banking operations for compliance and efficiency.
• Evaluate the effectiveness of internal controls and cybersecurity controls.
• Prepare detailed audit reports with actionable recommendations for senior management.
• Conduct follow-up audits to verify that corrective actions are implemented.

Risk Management:

• Support the development and maintenance of the Enterprise Risk Management (ERM) framework.
• Identify, assess, and monitor key financial, credit, operational, market, and liquidity risks.
• Maintain the institutional risk register and monitor key risk indicators (KRIs).
• Assist in the development of risk mitigation strategies and ensure business continuity planning is in place.
• Facilitate risk awareness training across departments.

Regulatory Compliance:

• Ensure compliance with financial sector regulations, including central bank guidelines, IFRS.
• Liaise with external auditors, regulators, and risk committees as required.
• Monitor emerging risks and regulatory changes and assess their impact on the institution.

Requirements:

• Bachelor’s degree/HND in Accounting, Finance, Banking, or a related field.
• Professional certification, such as CIA, CPA, ACCA, CRMA, or FRM, is an added advantage 
• 3–5 years of experience in internal audit and/or risk management within the financial sector.
• Solid understanding of financial sector operations, products (loans, deposits, investments), and regulatory requirements.
• Familiarity with audit standards (e.g., IIA), COSO framework, and risk management principles.
• Experience with core banking systems, risk management software, and data analytics tools.
• Exposure to digital banking, cybersecurity audits, or fintech risk environments (preferred).

Key Skills and Attributes:

• Strong analytical and problem-solving skills.
• High integrity, objectivity, and attention to detail.
• Effective communication and report writing abilities.
• Ability to work independently and with cross-functional teams.
• Proactive approach to identifying risks and recommending solutions.

Remuneration: NGN 400,000