Stephen Olubode
Igbogbo Ikorodu,Lagos
Summary
Detail-oriented Resident Internal Control Officer with strengths in compliance monitoring and risk assessment. Conducts daily reviews of transactions and account documentation to ensure adherence to regulatory standards. Prevents income leakage and enhances operational integrity through rigorous verification and policy enforcement.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Resident Internal Control Officer
Keystone Bank Ltd
10.2022 - Current
- Daily General Ledger Review: I utilize ACL-generated reports to review daily general movements and transactions for covered branches.
- Daily Transaction Review: Conduct daily call-over reviews of all processed transaction tickets to ensure accuracy and completeness.
- Account opening Documentation Review: I conduct thorough reviews to ensure all account opening documents comply with the Know Your Customer (KYC) regulations and standards.
- Non-Financial Transaction Review: I conduct reviews of non-financial transactions to ensure accuracy, completeness, and adherence to internal controls and procedures using the daily generated ACL report.
- Compliance Monitoring: Perform regular spot checks, security sweep and scooping to enforce policy adherence and ensure branches adhere to the clean desk policy.
- Weekly Vault Cash Count: I conduct a weekly cash count to ensure the vault cash balances agree with system records across designated branches under my supervision.
- Expense Verification: Review expenses to ensure they are duly approved, within policy limits, and compliant with guidelines.
- Income Leakage Prevention: Review and ensure all relevant income charges are taken and duties earned to prevent revenue loss.
- Foreign Exchange Transaction Review: Verify that FX transactions, (PTA & BTA), and supporting documentation are in order with regulatory compliance.
- Security System Inspection: Conduct physical checks and verify functionality of CCTV cameras, security alarms, smoke detectors, and fire extinguishers.
- Vault and Sensitive Area Access Control: Ensure dual custody of keys and combinations for vaults, Chubbs, and doors in accordance with policy guidelines.
- ATM Activity Monitoring: Track and monitor ATM terminal activity (cash load/unload) for designated branches and ensure service managers perform timely cash cycle reconciliation.
- Verification of Letter of Administration: Confirm authenticity of letter of administration with the relevant government probate registrar.
- Collateral manager’s inspection & proforma invoice confirmation
- Branch Control Review: Review and access branch level policy and process to ensure regulatory compliance.
Branch Transaction Officer
Polaris Bank Ltd
01.2018 - 12.2022
- Process of outward clearing cheque for onward transmission
- Process all in-house cheque transfer.
- Process internal funds transfer
- Process interbank funds transfer (NIP, NEFT, AUTOPAY, & RTGS)
- Process foreign exchange transfers/PTA & BTA
- Bulk Salary Upload
- Maintaining standing order instruction on accounts
- Confirmation of inward clearing cheques on us
- Issuance of manager’s cheque (Bank Draft)
- Booking of fixed deposit
- Reconciliation and proof of branch general ledgers
- Backup ATM key holder
Team Member Corp Support, HCM, CSS, DOMOPS & Corp Comm
Keystone Bank Ltd
04.2022 - 09.2022
- DOMOPS
- Daily online transaction call-over of all DOMOPS processed transactions
- Monthly GL proof review
- Manager’s cheque registers and stubs review (Weekly)
- Review of stale and cancelled MC (Weekly)
- CASH MOVEMENT UNIT
- Review Cash in Transit vendor payment for onward management approval in line with the bank’s SLA.
- CENTRAL SUPPORT SERVICES
- Account opening and documentation review.
- Account maintenance review
- Cheque printing and maintenance review
- Monthly stationery stock count
- Human Capital Management Division (HCMD)
- Review and validation of staff salaries/Payroll
- Review and validation of Quarterly Payment
- Leave allowance review.
- Child and spouse allowance review
- NSITF & ASSBIFI review
- Wedding and Birthday allowance review
- New Hire file documentation review
- Staff Confirmation and documentation review
Cluster Control Officer
Polaris Bank Ltd
01.2016 - 12.2018
- Transaction review/call over and identification of critical issues
- Confirmation of load-to-load balances after ATM loading
- Collation of income leakages and recovery
- Implementation of bank compliance procedures and policies
- Review control policies and process at the branch level to ensure regulatory compliance
- General ledger proof review/follow up on regularization of exceptions
- Monitoring configuration and loading of cash on the ATM
- Review/flagging of collection accounts with abnormal debit/credit balance
- Scooping/Security sweep exercise
- Monthly head count across designated branches
Customer Service Officer
Skye Bank Plc
01.2013 - 12.2016
- Process cash retract complaint for onward refund.
- Process issuance of ATM card request
- Handling of customers enquiries and complaints at the branch
- Process issuance of bank statement, letter of non-indebtedness, confirmation of account domiciliation
- BVN enrollment and linkage
- Processing of cheque book request and stoppage
- Processing of account opening and closure request
- Updating of customer information (CIU)
- Confirmation of account references (Internal & External)
- Resolve escalated customer issues quickly to uphold strong customer relations.
- Provide customers with information regarding personal and business accounts, as well as products offered by the bank.
Customer Care Officer
Skye Bank Plc
01.2009 - 12.2013
- Collection and confirmation of cash deposit lodgment
- Cheque and cash payment upon verification of details
- Cerpac transaction processing (Expatriate)
- Processing of outward clearing cheques
- Money transfer order processing both inbound and outbound (MoneyGram, Western Union, Ria)
- Process revenue collection transaction across payment channels (Pay Direct, Auto Reg, Remita, FIRS, LIRS)
- Across the counter cross selling of bank products and services.
- Trained, coached, and mentored new staff/recruit on the job to ensure smooth adoption of processes.
(Bulk Teller) Industrial Trainee
Guaranty Trust Bank Plc
01.2008 - 12.2009
- Receive cash deposit lodgment.
- Counting and confirmation of bulk cash lodgment
- Register cash payment in scroll register.
- Bundle count/stacking of cash received and movement to vault.
- Perform end of day balancing and reconcile total deposit lodgment received.
Education
Bachelor of Science (Hons) - Accounting
Lagos State University
01.2014
National Diploma - Accountancy
Universal College of Technology Ile-Ife
01.2007
West African Senior School Certificate Examination -
Iponri Estate High School
01.2001
First School Leaving Certificate -
Adebola Baptist Primary School
01.1994
Skills
- Ability to manage tasks, time, and resources
- Attention to details
- Good organizational skills
- Confident in handling new tasks
- Proficiency in MS Office (MS Word and MS Excel)
- Compliance monitoring
- Risk assessment
- General ledger review
- Transaction accuracy
- Policy enforcement
- Cash management
- Regulatory adherence
- Effective communication
- Active listening
- Integrity and honesty
- Monitoring
Certification
Institute Of Chartered Accountants of Nigeria, In-View
Custom Section
- National Youth Service Corps (Exemption Certificate)
- Professional Conduct & Ethics Certification
- Emotional Intelligence
- Accountability at the workplace
- Anti-Money Laundering and Counter Financing of Terrorism
References
Available on request
Timeline
Resident Internal Control Officer
Keystone Bank Ltd
10.2022 - Current
Team Member Corp Support, HCM, CSS, DOMOPS & Corp Comm
Keystone Bank Ltd
04.2022 - 09.2022
Branch Transaction Officer
Polaris Bank Ltd
01.2018 - 12.2022
Cluster Control Officer
Polaris Bank Ltd
01.2016 - 12.2018
Customer Service Officer
Skye Bank Plc
01.2013 - 12.2016
Customer Care Officer
Skye Bank Plc
01.2009 - 12.2013
(Bulk Teller) Industrial Trainee
Guaranty Trust Bank Plc
01.2008 - 12.2009
Bachelor of Science (Hons) - Accounting
Lagos State University
National Diploma - Accountancy
Universal College of Technology Ile-Ife
West African Senior School Certificate Examination -
Iponri Estate High School
First School Leaving Certificate -
Adebola Baptist Primary School