Specialist – Internal Control (Risk Management) at MTN Nigeria

MTN Nigeria – The leader in telecommunications in Nigeria, and a part of a diverse community in Africa and the Middle East, our brand is instantly recognisable. It is through our compelling brand that we are able to attract the right talents who we carefully nurture by continuously improving our employment offerings even beyond reward and recognition.

We are recruiting to fill the position below:

Job Title: Specialist – Internal Control (Risk Management)
Job Identification: 1555
Location:  Victoria Island, Lagos
Job Category: MTN Level 2
Job Schedule: Full time
Reports To: Manager Internal Control
Division: MoMo Payment Service Bank

Job Description

• Develop internal controls adequate for FinTech’s evolving risk landscape
• Ensure implementation, compliance & adherence to the standards, policies, guidelines & processes defined by Group Finco Risk & Compliance team, and MTN Group Risk & Compliance team as applicable
• Define, implement, document, assess and monitor key internal controls mitigating material business risks
• Maintain appropriate level of communication on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers
• Provide managers and management with the relevant Internal Control methodological support operationalizing all FinTech compliance agendas/relationships as well as helping ensure compliance to internal processes and policies, applicable laws and regulations
• Develop adequate training material on the internal control objectives, approach and methodology
• Manage the impact of potential changes driven by the regulators, industry, marketplace, and/or legal environment and assist in devising strategy to influence for embedding appropriate controls to mitigate the potential risks
• Work closely with manager on all risk management, compliance, ethics management, fraud, BCP/DR related matters, ensuring regular controls for each of these are in place
• Assist and cooperate in audit engagements aimed at providing reasonable assurance over the adequacy & effectiveness of the company’s system of internal controls and its operations s 
• Ensure that control deficiencies are considered in the Risk Register and appropriate remediation plans are identified, agreed with process/control owners, tracked, and reported on
• Ensure an effective control framework is implemented and remains relevant & adequate through proactive responses and inputs to operational changes 
• Establish a robust and comprehensive control and processes environment and ensure the continuous improvement through implementing best practices
• Deliver adequate and timely reporting on Internal Control framework and control deficiencies in line with requirements to ensure appropriate escalation and adequate action plans
• Assist in maintaining the information security of MoMo PSB physical or information assets that they access, use, or manage as per the company policies
• Ensure consistent implementation of relevant Internal controls policy of MTN 
• Facilitate benchmarking of Momo PSB Operations & Systems against industry standards and best practices 

Education

• First Degree in Business Administration / Management, Finance, Accounting, Business Science or any related discipline
• Professional qualifications e.g.  CRISC, FRM, CISA, CISM, CIA, ERM or other recognized internal Control certification is advantageous

Experience:

• 3 – 7 Years’ experience including:
  • Experience in Fintech, banking or Telecom 
  • Experience in process and financial control issues, compliance with regulatory requirements, and risk management and control improvement within a Fintech product environment
  • Experience in Internal controls oversight, Fraud Investigation, Risk Management and Audit, and Revenue Assurance and Fraud Management (RAFM)
  • Understanding of Institute of Internal Auditors standards and COSO, ERM and Internal Control Frameworks
  • Experience working in a global/multinational enterprise with a good understanding of emerging markets.

Application Closing Date
21st October, 2022 (11:59 PM).

Method of Application
Interested and qualified candidates should:
Click here to apply online