About Company:
Renmoney - We’re a passionate team determined to challenge the status quo and make financial inclusion count for the millions of underbanked individuals and small business owners in Nigeria. We provide loans, savings, and fixed deposit solutions to our customers. Our vision is to be the most convenient lending company, delivering outstanding service experience.
Job Description:
- The Internal Control Unit is seeking to strengthen the internal control environment across the business through the recruitment of an Internal Control Officer.
- The role will focus on reviewing financial transactions, procurement activities, reconciliations, and other operational processes in line with the COSO framework to ensure operational efficiency, compliance, and risk mitigation.
Key Responsibilities
- Monitor controls around loan approvals, interest calculations, reconciliations, journal entries, and ledger postings.
- Conduct daily reviews of operational transactions including account openings, loans, payments, deposits, and expenses.
- Review commission and incentive computations.
- Track control exceptions and follow up with process owners on remediation actions across various business areas.
- Monitor compliancae with internal policies and relevant regulatory requirements.
Requirements:
Experience & Qualifications:
- At least 2 years post-NYSC experience.
- Relevant background in Accounting, Finance, or a related field.
Skills & Competencies:
- Knowledge of financial operations, reconciliations, and transaction review processes.
- Understanding of loan processes, accounting entries, and operational risk management.
- Good analytical and problem-solving skills with attention to detail.
- Ability to identify control gaps and recommend corrective actions.
- Proficiency in Microsoft Excel and reporting tools.
- Good communication and stakeholder management skills.
- Ability to work independently and follow up on remediation actions.
- Basic knowledge of regulatory requirements and compliance standards within the financial services industry.
This Role Is Ideal For You If:
- You enjoy reviewing transactions and identifying control weaknesses.
- You have a keen eye for detail and can spot inconsistencies quickly.
- You are analytical and enjoy investigating issues to determine root causes.
- You are proactive in driving remediation and process improvements.
- You can work independently while collaborating effectively with stakeholders across the business.
You May Not Enjoy This Role If:
- You prefer highly repetitive work with little analysis.
- You struggle with following up on issues until resolution.
- You are uncomfortable working with large volumes of financial and operational data.
- You find it challenging to enforce compliance requirements and internal controls.
Benefits
What's In It For You:
- Opportunity to strengthen your expertise in internal controls, risk management, and operational reviews within a fast-growing financial institution.
- Exposure to critical business processes, financial operations, and regulatory compliance frameworks.
- Opportunity to work closely with cross-functional teams and contribute to strengthening the Bank's control environment.
- Competitive compensation and benefits package.
- Career growth opportunities within a dynamic and technology-driven organisation.
Salary
Very attractiveApplication Closing Date: Not specified
Application Instructions:
Click the button below to apply
Job Information
Deadline
Not specified
Job Type
Full-time
Industry
Banking
Work Level
Experienced
State
Not specified
Country
Nigeria