Manager, Internal Control

First Ally Capital is a wholly indigenous financial services firm focused on delivering exceptional advisory and investment services to individuals and organizations. Incorporated in May 2014 and licensed by the Securities and Exchange Commission as an Issuing House and Underwriter, the firm combines strong capital backing with experienced leadership to deliver excellence across all areas of finance.

The Manager, Internal Control will be responsible for designing, implementing, and maintaining the organization’s internal control framework. This role involves ensuring compliance with relevant regulations, managing risk exposure, and strengthening operational integrity across all business units.

• Develop, review, and implement internal control and compliance policies, programs, and procedures.
• Identify control deficiencies, evaluate associated risks, and recommend corrective actions.
• Plan and execute internal audit activities while advising management on strategic and operational matters.
• Collaborate with senior management to assess potential risks and support sound decision-making.
• Document and test business process and IT controls related to key financial and operational activities.
• Evaluate and monitor remediation actions for identified control weaknesses.
• Maintain up-to-date knowledge of laws, regulations, and policies governing financial institutions.
• Lead the setup of enterprise risk assessment frameworks and maintain a comprehensive risk register.
• Manage the organization’s annual internal control work plan in alignment with regulatory standards.
• Develop and deliver internal control training to management and staff.
• Conduct follow-up reviews of audit findings and monitor compliance with recommendations.
• Prepare monthly exception and regulatory compliance reports for management.
• Ensure all capital and revenue expenditures adhere to approval limits and policy guidelines.
• Oversee loan disbursement processes to ensure strict compliance with credit policies.
• Implement anti-fraud initiatives and assess organizational adherence.
• Coordinate and submit monthly regulatory renditions and reports.
• Support management with any additional assignments as required.

• HND or BSc in Information Technology, Information Systems, Mathematics, Accounting, Banking and Finance, or related fields.
• Evidence of completion or exemption from NYSC.
• Completion of the Microfinance Certification Program.
• Minimum of five years of experience in Internal Control or Audit within a financial institution or audit firm.
• Proven managerial experience in a similar capacity.
• Comprehensive knowledge of internal control frameworks applicable to the microfinance industry.

Strong strategic planning and implementation abilities.

Excellent organizational and time management skills.

Effective leadership and team management capabilities.

Proficiency in risk management and internal audit techniques.

Strong analytical and problem-solving skills.

High level of accuracy and attention to detail.

Excellent communication, negotiation, and presentation skills.

Proficient in Microsoft Office Suite.

Ability to work effectively with senior management, regulators, and multiple stakeholders.

3-5years