Internal Audit & Compliance Specialist at Credpal

Credpal is a new solution that aims to overcome the ever-complicated loan approval procedure, which has prevented millions of people from accomplishing certain goals over the years. We think that consumers’ quality of life may be significantly improved if they can simply make purchases and pay over time at their leisure with little or no financial pressure, while simultaneously boosting their spending power.

Title: Internal Audit & Compliance Specialist

Location: Yaba, Lagos

Job Type: Full Time

Department: Finance

Purpose Statement

• The Internal Audit & Compliance Specialist will play a crucial role in ensuring the companys adherence to internal policies, regulatory requirements, and industry best practices.
• This role involves conducting thorough audits of operational processes, financial transactions, and compliance frameworks, identifying potential risks, and recommending appropriate corrective actions.
• The manager will collaborate closely with various departments to promote a culture of compliance and continuous improvement.

Responsibilities

• Conduct comprehensive internal audits to assess the effectiveness of operational processes, financial controls, and compliance procedures.
• Evaluate and document internal controls, identifying weaknesses, and proposing enhancements to mitigate risks.
• Develop and execute audit plans, schedules, and testing procedures to ensure timely and accurate assessments.
• Collaborate with cross-functional teams to gather and analyze data, ensuring accuracy and completeness during audit processes.
• Prepare detailed audit reports, including findings, recommendations, and action plans for management review.
• Monitor and track the implementation of audit recommendations to ensure timely and effective resolution.
• Stay updated on regulatory changes, industry standards, and best practices to ensure compliance with applicable laws and regulations.
• Assist in the development and maintenance of compliance policies, procedures, and documentation.
• Provide training and guidance to employees on compliance-related matters to promote awareness and understanding.
• Support external audits, regulatory examinations, and inquiries as needed, including data collection and preparation of relevant documentation.
• Participate in special projects and initiatives related to process improvement, risk assessment, and compliance enhancement.
• Foster a culture of compliance by promoting ethical behavior and best practices across the organization.

Requirements

• Bachelor’s Degree in Accounting, Finance, Business Administration, or related field. Master’s Degree or relevant certifications (e.g., Certified Internal Auditor, Certified Regulatory Compliance Manager) is a plus.
• 5+ years of experience in internal auditing, compliance, or related fields.
• Strong understanding of regulatory requirements, industry standards, and best practices.
• Proficiency in conducting audits, risk assessments, and control evaluations.
• Excellent analytical skills with the ability to identify trends, patterns, and anomalies.
• Effective communication skills, both written and verbal, to convey audit findings and recommendations.
• Detail-oriented with a high level of accuracy and strong organizational skills.
• Proficiency in using audit software, data analysis tools, and Microsoft Office suite.
• Ability to work independently and collaboratively in a team-oriented environment.
• High level of integrity and ethical standards.

Benefits

• Professional development opportunities.
• A collaborative and inclusive work culture that fosters growth and innovation.
• Opportunity to work with cutting-edge products and technologies.
• Supportive and approachable management team dedicated to your success.

Deadline: Not Specified.

How to Apply: Interested and qualified candidates should Click Here to apply online