Norrenberger Financial Group Vacancy for an Internal Control/Compliance Officer


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.
Job Requirements
  • B.Sc in Finance, Accounting
  • Minimum of 5 years’ experience within the capital market sector.
  • Must be a SEC sponsored Individual.
  • Relevant Accounting Professional Certification is a bonus.
    How to Apply Interested and qualified candidates should send their Application and CV to: [email protected] using the "Job title" as subject of the email   Application Deadline  30th October, 2019.