Role Description

This is a full-time on-site role for an Internal Control Officer at DLM Capital Group in Lagos.
The Internal Control Officer will be responsible for ensuring compliance with internal policies, performing internal audits, analyzing data and financial records, and implementing risk management procedures.
The role will require close collaboration with finance and other teams to identify and mitigate risks, improve processes, and maintain accurate financial records.

The role includes, but not limited to:

Monitoring Compliance: Ensure adherence to regulatory requirements, internal policies, and industry standards.
Transaction Vetting: Ensure accuracy of transactions and financial records.
Risk Assessment: Identify potential risks and vulnerabilities in processes and operations.
Internal Control Review: Conduct regular review to assess the effectiveness of controls and processes.
GL and Bank Account Review: Conduct daily review of general ledgers and bank statements.
Policy Development: Assist in developing and updating policies, procedures, and guidelines to strengthen internal controls and ensure compliance with changing regulations.
Reporting: Prepare detailed reports on review findings, risk assessments, and compliance status.
Process Improvement: Recommend improvements to existing controls and procedures to enhance efficiency and mitigate risks.
Training and Awareness: Educate staff on compliance and control procedures to foster a culture of risk awareness.
Investigations: Investigate irregularities, discrepancies, and breaches of policies.
Collaboration: Work closely with other departments, such as risk management, legal, and operations, to implement controls and address issues.

Qualifications:

Education: A bachelor’s degree in finance, accounting, business administration, or a related field is typically required. A professional certification (e.g., ACA, ACCA, CIA, CISA, CFE) is a must.
Experience: Previous experience in internal auditing, risk management, compliance, or a related field within the financial services industry is essential. Experience specifically within commercial or investment banking is paramount.
Knowledge: Deep understanding of regulatory requirements (e.g., SEC, CBN), risk management principles, and internal control frameworks (e.g., COSO).
Analytical Skills: Ability to analyse complex data, identify trends, and assess risks.
Communication: Strong written and verbal communication skills to effectively convey audit findings, compliance issues, and recommendations to stakeholders.
Attention to Detail: Keen attention to detail to spot inconsistencies, errors, or potential risks.
Ethical Standards: Uphold high ethical standards and integrity, crucial for handling sensitive financial information and maintaining confidentiality.

Skills:

Audit and Assessment: Proficient in conducting reviews, risk assessments, and evaluating control frameworks.
Problem-Solving: Strong analytical and problem-solving skills to address complex issues and recommend effective solutions.
Software Proficiency: Familiarity with audit software and tools, as well as proficiency in Microsoft Office (Excel, Word, PowerPoint).
Regulatory Knowledge: Up-to-date knowledge of financial regulations, compliance requirements, and industry best practices.
Interpersonal Skills: Ability to collaborate effectively with colleagues across various departments and levels of seniority.
Adaptability: Flexible and able to adapt to changing regulatory environments and business needs.
Project Management: Capable of managing multiple audits or projects simultaneously, meeting deadlines, and prioritizing tasks effectively.
Continuous Improvement: Proactive in identifying opportunities for process improvements and implementing best practices.