eRecruiter
Risk, Control & Compliance (RCC) Officer at eRecruiter. Please ensure to read through the job requirements before applying for the role.
eRecruiter Nigeria has deep knowledge of Human resources and recruitment. Our business is in Talent acquisition, recruitment, outsourcing, and everything that revolves around Talent. From acquisition to testing return on investment (ROI) on talent and everything in between. Our goal is to re-define the Nigerian recruitment industry.
Risk, Control & Compliance (RCC) Officer
Location: Port – Harcourt
Job Description
Our client, a co-operative society who is in business to provide members with needs of common interest, is looking to hire a Risk, Control & Compliance (RCC) Officer in Port – Harcourt
Reports To: Manager; Governance, Compliance, Communications, and Treasury Manager
Purpose:
To ensure the Cooperative and its subsidiaries operates in compliance with external and internal policies and processes and that internal controls exist with adequate measures to manage all business and regulatory risks
Functions & Responsibilities:
1. Plan and implement audit, inspections, investigations, verifications, self-assessment, and other control activities to ensure the organization adheres to a set of internal policy, procedures, and applicable laws / Regulations
2. Track and follow-up corrective and preventive actions from audits, investigation, meetings, and other action sources to ensure timely and quality completion
3. Support in the identification, assessment, control, documentation, and periodic review of all enterprise Risks and opportunities to prevent the crystallization of risks
4. Responsible for maintenance, storage, updates, and control of company policies, procedures, documents, records, and other information assets
5. Carry out tracking, reconciliation, and analysis of the movement of liquid assets (cash and investment) and highlight/reports on deviations for any transactions
6. Assist in drafting letters, memo, minutes, agreements, presentations, and reports for presentation to management, Board, and members
7. Assist in maintaining dashboard and tasks monitoring, as well as overseeing the work of junior Adhoc admin staff.
8. Monitor, communicate and report compliance to company statement of business principles and ethical standards
9. Develop and implement innovative solutions and processes to enhance the Risk, compliance, and control functions of the organization.
10. Manage daily payment upload on all banking platforms and regularly provide payment status reports.
11. Maintain a report of daily bank balances and submit a weekly report to the treasury manager
12. Maintain monthly cash movement report and provide a report to the treasury manager by the 5th working day of the month for the previous month’s report.
13. Ensure daily account reconciliation and provide monthly reconciliation reports.
14. Track monthly budget performance and provide a timely report.
15. Perform other duties as assigned by the Coop Management Committee
Key Performance Indicators
1. Number of control improvements implemented per quarter vis a vis number of ineffective controls
2. % close out of compliance plan, scheduled corrective/preventive action items 3. % of ineffective controls
4. Currency of corporate governance documents (Designated Financial Authority, Corporate Management System, Policies & Procedures)
5. Zero incident of avoidable loss of commercial value or incident of administrative sanctions and penalties for non-compliance in relation to areas of responsibility.
6. % Implementation of annual Risk and compliance plan
7. Timeliness and quality of reporting of on control, risk management, and compliance activities
Skills/Competency Requirements:
Required Knowledge, Skills & Abilities
▪ Expert understanding of admin, contract, and finance principles
▪ Risk assessment and management capabilities
▪ Audit and investigation skills
▪ Detailed and time conscious
▪ Knowledge of regulatory and legislative rules for the financial institution
▪ Ability to interpret rules, apply rules to real-life facts, and attention to details
▪ Good use of excel and financial monitoring and reporting tools
▪ Integrity, ethical and principled
SEE ALSO: Sterling Bank Recruitment
Generic Skills
▪ Sound verbal & written communication
▪ Sound financial understanding
▪ Planning and Budgeting Skills
▪ Negotiating skills
▪ Strategic Focus/ Orientation
▪ Analytical skills / Problem solving
Supervisory Skills
▪ Direct labour Leadership / Influencing
▪ Initiative/ taking ownership”
Educational Requirements & Experience:
▪ Bachelor’s degree in Law, accounting, finance, or economics or other Business Administration courses
▪ Minimum of 2nd Class Lower
▪ Minimum of 1-2 years relevant experience
▪ Experience in a relevant role in a banking or financial institution an added advantage
▪ MBA is an added advantage
Application Deadline
06/04/2021.
Method of Application
https://bit.ly/3c7lk1x
