Company Overview
SEA-FAJ Consults Limited is a multinational recruitment and outsourcing agency operating in the United Kingdom and Nigeria. We provide end-to-end talent solutions to organisations and support regulatory-compliant hiring across financial services, education, and corporate sectors.
Role Overview
SEA-FAJ Consults is recruiting on behalf of our client for a detail-oriented and highly analytical Internal Control Officer. The role is responsible for designing, implementing, and monitoring internal control systems to ensure compliance with regulatory requirements (particularly Central Bank of Nigeria regulations), strengthen risk management practices, and safeguard the integrity of financial and operational processes.
Key Responsibilities
Control Environment & Risk Assessment
Maintain and strengthen an effective internal control framework across all business units in line with risk appetite and regulatory standards.
Conduct enterprise-wide risk assessments and develop risk-based audit and control plans.
Identify areas of compliance vulnerability and operational risk, and implement corrective action plans.
Audit & Monitoring
Conduct periodic and ad-hoc internal audits, reviews, and investigations to assess control effectiveness.
Perform walkthroughs and test key controls across financial reporting, credit/lending processes, cash handling, and operational workflows.
Ensure strict adherence to internal policies, procedures, and Central Bank of Nigeria (CBN) guidelines across all departments.
Compliance & Regulation
Ensure compliance with CBN Internal Control Requirements for Other Financial Institutions (OFIs), including capital adequacy, liquidity requirements, KYC, AML/CFT, and statutory reporting obligations.
Maintain up-to-date knowledge of regulatory changes and integrate them into internal control systems and processes.
Reporting & Documentation
Prepare comprehensive internal control reports outlining findings, risk ratings, and actionable recommendations for senior management and the Audit Committee.
Maintain accurate records of control breaches, remediation actions, and follow-up activities.
Document internal control policies, procedures, and self-assessment tools to ensure consistency and compliance.
Training & Advisory
Provide training and awareness sessions on internal controls, fraud prevention, regulatory compliance, and ethical standards.
Advise departmental heads on embedding effective controls into new and existing business processes.
Essential Qualifications & Requirements
Bachelor’s degree (B.Sc. or HND) in Accounting, Finance, Economics, or a related discipline.
2–3 years of relevant experience in internal control, audit, risk management, or compliance within a regulated financial institution.
Strong understanding of Central Bank of Nigeria (CBN) regulations, especially for Other Financial Institutions (OFIs).
Knowledge of risk management principles and internal control frameworks.
Strong analytical, problem-solving, and attention-to-detail skills.
High level of integrity, professionalism, and ethical conduct.
Proficiency in Microsoft Excel and familiarity with audit software and ERP systems.
Desired Experience
Experience in internal audit, compliance monitoring, or risk-based control testing.
Exposure to regulatory reporting and engagement with regulatory bodies.
Experience in financial services or other regulated environments.
Familiarity with developing internal control frameworks and risk assessment methodologies.
Experience conducting staff training on compliance and internal control processes.
Hands-on experience in documenting policies, procedures, and control testing reports.
Benefits
Performance-based incentives where applicable.
Health Management Organisation (HMO) coverage.
Pension scheme with employer contributions.
Annual leave and statutory holidays.
Professional training and development opportunities.
Exposure to regulatory and compliance-driven financial environments.
Why Join Us?
This role offers an opportunity to play a key part in strengthening governance, risk management, and compliance within a structured financial environment. You will work closely with senior stakeholders and regulators while contributing to a strong internal control culture and operational integrity.
