An Internal Control Officer at FASTCASH GLOBAL LTD will be responsible for ensuring adherence to policies, regulations, and risk mitigation strategies through various control functions.

Key responsibilities

• Conduct audits and checks: Perform regular internal and spot checks on branch operations, transactions, and other activities to ensure compliance with fastcash policies and procedures. 
• Ensure regulatory compliance: Make sure all operations adhere to relevant regulations from the Central Bank of Nigeria (CBN), including AML/CFT, KYC, and others. 
• Risk mitigation: Identify and assess financial and operational risks, evaluate the effectiveness of internal controls, and develop strategies to minimize exposure. 
• Fraud prevention and investigation: Detect irregularities and potential fraud in financial transactions, customer accounts, and payrolls. Investigate discrepancies and report findings to management for corrective action. 
• Transaction and document review: Verify payment vouchers, loan disbursements, and customer documentation. Review and sign off on key financial registers at month-end. 
• Reporting: Prepare and submit regular reports on audit findings, risk exposure, and control deficiencies to senior management. Assist in preparing regulatory returns to authorities. 
• Process improvement: Recommend corrective actions and improvements to internal processes and control systems to enhance efficiency and effectiveness. 
• Liaison with regulators: Act as a point of contact for regulators and assist in special investigations when required. 

Skills and qualifications

• Strong understanding of microfinance banking operations and internal control principles.
• Proficiency in financial and operational risk management.
• Experience with fraud prevention and investigation is essential.
• Knowledge of relevant regulatory requirements, such as CBN regulations, AML/CFT, and KYC.
• Excellent attention to detail, communication, and reporting skills.
• Proficiency in financial analysis, data analysis, and reporting tools (e.g., Microsoft Excel).