Fadac Resources and Services Limited - Our clientis a private sector led Tier 1 Microfinance Bank that provides a versatile range of financial services to low-income group, micro, small and medium enterprises, self-employed with entrepreneurial skills.
Due to expansion, they are recruiting to fill the position below:
We are seeking an experienced Internal Control and Compliance Officer to ensure adherence to regulatory requirements, internal policies, and best practices within our microfinance bank.
The ideal candidate will have a strong background in Bank One and microfinance banking operations, ensuring robust internal controls and compliance mechanisms.
Job Responsibilities
Develop, implement, and maintain effective internal control policies, procedures, and frameworks in line with regulatory standards and industry best practices.
Conduct regular audits and assessments to evaluate the bank's operations, processes, and systems, identifying areas of non-compliance or potential risks.
Monitor and enforce compliance with legal and regulatory obligations, including Bank One requirements and microfinance banking regulations.
Collaborate with various departments to provide guidance on compliance-related matters and facilitate training programs to promote awareness of compliance protocols.
Investigate and resolve compliance issues, developing corrective action plans and providing recommendations to mitigate risks.
Prepare and present reports to management outlining findings, recommendations, and areas for improvement related to internal control and compliance.
Stay updated on changes in regulations, advising the management team on necessary adjustments to ensure ongoing compliance.
Job Requirements
Bachelor's Degree in Accounting, Finance, Business Administration, or related field.
4-5 years of experience in internal control, compliance, or audit roles within the banking sector, with a focus on Bank One and microfinance banking operations.
In-depth knowledge of regulatory requirements, including Bank One standards, microfinance banking laws, and compliance frameworks.
Strong analytical skills with the ability to identify and address compliance issues effectively.
Excellent communication and interpersonal skills to collaborate with diverse stakeholders.
Attention to detail and the ability to work independently in a dynamic environment.
Method of Application
Interested and qualified candidates should send their CV to: victoria.k@fadacresources.com using the Job Position as the subject of the mail.