INTERNAL CONTROL OFFICER AT BOSAK MICROFINANCE BANK LIMITED

About Company:

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016.

Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

We are recruiting to fill the position below:

Job Description:

• Conducting confidential investigations on control breaches.
• Vault cash count and register
• Ensure the physical cash correlates with the system balance
• Ensure loan officer`s and teller`s till are balanced and zero
• Spooling of uncheck SMS report, investigate why the customer(s) was unchecked
• Spool weekly repayment report to call customer`s with previous day shortfall (at least 20 customers in a week), investigate why repayment was not made
• Checking of LO`s till for daily postings on field
• Marking of LO`s ledgers.
• Ensuring all customer cash collections are deposited in correspondent banks, and any deposited funds are securely boxed in the vault.
• Verifying and Sending of disbursement advice to the appropriate unit
• Ensure adequate care and maintenance of bank’s properties.
• Monitors organization wide compliance with laid down policies, processes and procedure to ensure adherence.
• Review & manage the day-to-day activities attendance register and operational issues.
• Ensure that strategies defined are implemented by Internal Audit Team for accomplishment of the department’s objectives.
• Carry out specific management assigned tasks.
• Assist in carrying out Full Scale Inspection & Audit.
• Calling over of transactions and quality control.
• Checking of Loan Officer’s daily transactions.
• Report all form of infraction affecting the business arising from daily situations.
• Conducting random spot check with other unit on processes and operations to identify potential weaknesses or deviations from the established procedures.
• Query all anomalies discovered from spot check.
• Attend to deceased customer`s report, if any.
• Assess the primary risks facing the bank and identify risk mitigation measures.
• Managing the risks associated with the different Units in the bank (Enterprise Risk Management) and following up to ensure compliance on all observations.

Requirements:

• Minimum of a Bachelor’s Degree in Accounting, Finance, or a related field.
• Minimum of 4 years relevant experience in internal auditing or internal control, preferably within the financial services industry.
• Excellent analytical, investigative, and problem-solving abilities.
• Strong communication, interpersonal, and report-writing skills.
• Solid knowledge of internal control frameworks and best practices.
• Proficiency in Microsoft Office Suite.

Why Work with Bosak Microfinance Bank Limited?

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.
• Our remuneration and employee welfare packages are among the best in the industry.

We offer the following Benefits:

• Salary: N180,000 - N230,000 Monthly.
• HMO
• Constant Training and Development
• Leave & Passage Allowance
• 13th Month.

Salary

Application Closing Date: 01st December, 2025

Application Instructions:

Qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Title as the subject of the email.