Job Summary

Location: Ajah, Lagos
Employment Type: Full Time

About the Role

Cool Microfinance Bank is seeking a highly analytical, disciplined, and detail-oriented professional to fill the position of Internal Control & Audit Manager. The successful candidate will be responsible for establishing and maintaining effective internal control systems, conducting independent audits, and ensuring compliance with regulatory requirements, internal policies, and industry best practices.

Key Responsibilities
■Develop and implement internal control policies, procedures, and frameworks for the Bank
■Conduct periodic internal audits across all departments to ensure compliance with internal policies and regulatory requirements
■Identify operational, financial, and compliance risks and recommend appropriate control measures
■Review financial transactions, operational activities, and documentation to detect irregularities or control lapses
■Ensure adherence to Central Bank of Nigeria (CBN) guidelines, internal policies, and relevant regulatory standards
■Prepare internal audit reports and present findings with actionable recommendations to management
■Monitor the implementation of approved audit recommendations and corrective actions
■Strengthen risk management processes and internal control systems across the Bank
■Investigate suspected fraud, policy breaches, and operational irregularities when required

Requirements
■Bachelor’s degree in Accounting, Finance, Economics, or a related field
■Professional certification such as ACA, ACCA, CIA, or equivalent will be an added advantage
■Minimum of five (5) years’ relevant experience in Internal Control, Internal Audit, or Risk Management, preferably within a financial institution or structured organization
■Strong knowledge of internal control frameworks, audit procedures, and risk management practices
■Good understanding of CBN regulations and financial institution compliance requirements
■Strong analytical, investigative, and reporting skills
■High level of integrity, professionalism, and attention to detail

Candidate must reside around the Ajah axis

Compensation
■Salary: ₦400,000 Gross (Non-Negotiable)

Benefits:
Pension
Health Insurance (HMO)
Professional Training and Development

Application Method
Interested and qualified candidates should send their CV to:

Careers@coolbank.info

Using the subject line:
Internal Control & Audit Manager

Only shortlisted candidates will be contacted.

Human Resources
Cool Microfinance Bank