Internal Control/Compliance Officer at Norrenberger Financial Group

Norrenberger is an Integrated Financial Services Group (Licensed & Regulated by the Central Bank of Nigeria (CBN) and the Securities & Exchange Commission (SEC) that operates a customer-focused business model offering clients a comprehensive range of financial products& services including Funds & Investment Management, Structured & Alternative Finance, SME Funding, Foreign Exchange and Business Advisory Services.

We are recruiting to fill the position below:

Job Title: Internal Control/Compliance Officer

Location: Abuja

Job Description

The Internal control officer/Compliance will be responsible for increasing the operational efficiency of organizations, detecting and eliminating fraud and ensuring compliance with relevant regulations.

Job Responsibilities

Ensure that line managers are appropriately defining and operating their controls to cover Norrenberger from the major risks it is exposed to.
Perform second line control activities to ensure verification and challenge on a regular basis.
Ensure homogeneous reporting on Internal Control framework is delivered to Management to address deficiencies and decide relevant action plans.
Monitor the implementation of the action plans.
Provide managers and management with the relevant Internal Control methodological support.
Ensure key internal controls are defined, implemented, documented, assessed and monitored in front of material risks.
Ensure internal control deliverables are consistent within and at the required level of quality.
Deliver adequate and timely reporting on Internal Control framework and control deficiencies in line with requirements to ensure appropriate escalation and adequate action plans.
Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers.
Develop adequate training material on the internal control objectives, approach and methodology.
Document and ensure internal control documentation/policy is understood and agreed by management, control functions, auditors and regulators.
Conduct and supervise regular internal audits and reviews to assess the compliance of departments and individual employees.
Address specific training and development needs to fill compliance gaps and ensure the organization is up to the set standard.
Rendering weekly AML/CFT returns to SEC and NFIU.
Ensure compliance of SEC and CBN rules and regulations
Management of Regulatory compliance matrix dashboard to track, evaluate and ensure the implementation of regulatory directives.
Interfacing with regulators on behalf of the company.
Monitoring the performance of the compliance framework and related activities on a continual basis.
Conduct monthly review of bank reconciliation statements for all existing bank accounts and monthly call over/review of transactions focusing on appropriate posting of transactions and ensuring compliance with statutory deductions.