Source Bank | Full time

Internal Audit & Control

Lagos, Nigeria | Posted on 04/21/2025

Job Information

  • Date Opened 04/21/2025
  • Job Type Full time
  • Industry Banking
  • Work Experience 5+ years
  • City Lagos
  • State/Province Lagos
  • Country Nigeria
  • Zip/Postal Code 100283

About Us

Source Microfinance Bank is a fast-paced start-up Microfinance Bank, led by a group of talented, passionate, and skilled individuals who take the mission to re-invent banking using innovation and technology to provide high-quality service seriously. The goal is to empower generations by providing our customers with specific products and services to help them increase their net worth. 

Job Description

Responsibilities

  1. Conduct audit of existing processes, procedure and compliance level and recommend reviews and bridge compliance gaps
  2. ∙ Adequate communication of changes in internal process from time to time to stakeholders and users
  3. ∙ Design and implement AML/CFT program in line with regulatory requirement
  4. ∙ Render relevant regulatory returns/reports: AML/CFT, NDIC, CBN etc
  5. ∙ Conduct required checks to ascertain processes are implemented as per KYC, expenditures etc
  6. Conduct follow up review of financial, operational, or regulatory/compliances deficiencies observed during audits, regulators’ assessments 




Requirements

  1. Minimum of 5 years in internal control, audit and/or compliance
  2. ∙ Candidate must be CIBN certified i.e., obtained MCIB along with other role relevant certification(s)
  3. ∙ Experience working in Microfinance Bank and understanding of CBN stipulated ratio, standards, reporting and other relevant guideline is a must have
  4. ∙ Strong knowledge of auditing standards and principles, financial accounting principles, applicable laws, and regulation
  5. ∙ Previous and proven usage of Microsoft office, accounting and core banking solutions is essential for the role holder
  6. ∙ Proven experience in financial analysis and reporting
  7. ∙ Experience working with start-up is an advantage but not compulsory
  8. ∙ Excellent verbal and written communication and presentation skills is required
  9. ∙ Candidate must possess the ability to work independently and part of a team, should be a self-starter
  10. ∙ The desired candidate is expected to be primarily highly proactive and corrective in approach.
  11. ∙ Excellent analytical, strategic thinking, and problem-solving skills
  12. Bachelor's degree in accounting, finance, or related field