Assistant Manager – Internal Controls & Compliance

KNOWLEDGE, SKILLS & EXPERIENCE

Academic

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, Risk Management, or a related discipline.
  
• Master’s Degree in Business, Finance, or Risk Management would be an asset.
  

Professional

• A Professional risk management certification or other recognised risk/control certification (advantage).
  
• Certified Internal Auditor (CIA) or progress towards CIA.
  
• CPA(K), ACCA qualifications are an added advantage
  

Desired Work Experience

• 4–6 years’ experience in internal controls, compliance, risk management, internal audit, or operations within a bank or regulated financial institution.
  
• At least 3 years in a second-line or assurance role (risk, compliance, or internal audit).
  
• Demonstrated experience in:
  • Control testing and assurance reviews
    
  • Audit issue tracking and remediation
    
  • Designing and implementing internal controls, compliance frameworks, and risk management policies.
    
  • Fraud detection, investigation, and compliance reviews is highly desirable
    
  • Collaborating with senior management to drive corrective actions.
    

Internal Control Framework

• Support the design, maintenance, and periodic review of the Bank’s Internal Control Framework in line with CBK Prudential Guidelines, COSO principles, and the Bank’s Risk Appetite.
  
• Ensure control standards are embedded within key business processes, products, and outsourced arrangements.
  

Control Testing & Assurance

• Execute risk-based control testing across business units (branch operations, credit, treasury, digital, finance, operations).
  
• Validate adequacy, design effectiveness, and operating effectiveness of key controls.
  
• Document control testing outcomes and evidence in a manner suitable for audit and regulatory review.
  
• Test the veracity, check accuracy and integrity of financial, operational, and customer service records (response time, resolution quality).
  

Issue & Remediation Management

• Track internal control weaknesses, compliance breaches, and operational incidents.
  
• Coordinate remediation action plans with business owners and monitor timely closure.
  
• Escalate overdue, high-risk, or recurring control failures to Senior Management and ERM/Compliance teams.
  

Policy & Procedure Oversight

• Support periodic review of operational and compliance-related policies to ensure alignment with regulatory and internal control expectations.
  
• Verify that approved policies are operationalised through procedures and process manuals.
  
• Support automation initiatives with control mechanisms.
  

Stakeholder Coordination

• Liaise with Internal Audit, Compliance, Risk Management, Operations, and Business Units on control findings and improvement actions.
  
• Support regulatory inspections and internal/external audits relating to controls and compliance matters.
  

Training & Compliance Awareness

• Conduct awareness sessions on internal controls and compliance standards.
  
• Provide recommendations for training programs based on audit findings.
  

Reporting

• Prepare internal control and compliance reports for Management and Board Risk Committee.
  
• Provide trend analysis on control effectiveness, repeat findings, and emerging control risks.
  

PERFORMANCE OBJECTIVES

• Embed a consistent control testing calendar covering all material functions.
  
• Ensure 100% timely escalation of critical compliance exceptions.
  
• Reduce repeat audit or inspection findings year-on-year.