Audit & Compliance Officer

Job Title: Audit & Compliance Officer

Location: Lagos, Nigeria
Industry: Insurance / Financial Services
Work Structure: Onsite

About the Company

Our client is a reputable insurance and financial services provider committed to upholding the highest standards of governance, compliance, and operational excellence. The company operates in a regulated environment, providing services that require strict adherence to internal policies, industry standards, and statutory regulations.

About the Role

You will be responsible for ensuring the organization operates in full compliance with regulatory requirements, internal policies, and industry standards. The role involves overseeing internal audit processes, risk assessment, internal control systems, and compliance monitoring.

You will provide advisory support to management, identify control gaps, recommend corrective actions, and help safeguard the organization against financial, operational, and regulatory risks.

Key Responsibilities

Audit & Risk Management

• Conduct internal audits and reviews to ensure compliance with internal policies and regulatory requirements.
• Identify operational, financial, and compliance risks and recommend corrective actions.
• Assess the adequacy and effectiveness of internal control systems.
• Monitor implementation of audit recommendations and control improvements.

Compliance Monitoring & Advisory

• Ensure adherence to applicable laws, regulations, and industry standards.
• Maintain and update compliance documentation, policies, and procedures.
• Advise management on governance, compliance obligations, and regulatory changes.
• Support external audits and liaise with regulatory authorities as required.

Reporting & Documentation

• Prepare detailed audit and compliance reports for management review.
• Maintain accurate records of audit findings, risk assessments, and compliance activities.
• Provide timely updates to internal stakeholders on audit outcomes and compliance matters.

Reporting Structure

Reports To: Chief Executive Officer / Executive Secretary

Qualifications/Experience

• Bachelors degree in Accounting, Finance, Law, Business Administration, or a related field.
• Professional certification (ICAN, ACCA, ANAN, CIA, CISA, or other relevant compliance certification) is an advantage.

• Minimum of 3–5 years experience in audit, compliance, risk management, or internal control functions.
• Proven ability to conduct audits, identify risks, and ensure regulatory compliance.

Skills and Competencies

• Strong knowledge of regulatory frameworks and compliance requirements.
• Good understanding of internal audit processes and risk management principles.
• Ability to identify control gaps and recommend corrective actions.
• High level of integrity, confidentiality, and ethical standards.
• Strong analytical and investigative skills.
• Excellent report writing, documentation, and communication skills.
• Effective stakeholder management and collaboration abilities.