Our client, a regional commercial bank with a vision to create value for its stakeholders through its
superior knowledge of the market, operational excellence and a culture of integrity in the Nigerian Finacial services Industry, seeks to recruit a suitable person, exhibiting its values of Professionalism, Superior Service and Innovation to fill the position of Group Head, Internal Control/Audit.
Job Title: Head, Internal Control/Audit.
Job description
Internal Control
Oversee the implementation of effective and efficient control techniques that will ensure compliance with policies, procedures, plans, laws and regulations.
Provide guidance and leadership to subordinates to ensure effective execution of the group’s activities through training and two way communication.
Anchor the continuous review of all policies and process manuals to ensure that control measures effectively reflect the bank’s approval and set standards.
Significantly improve the control process and environment influenced by the extent to which individuals recognize that they will be held accountable for their actions/inactions and failures.
Drive process improvement and optimization within the Internal Control space.
Create and maintain and ensure implementation of risk control matrices and internal control test plans.
Ensure proper documentation of existing Internal Controls and Policies.
Effectively communicate control failures and deficiencies to appropriate levels.
Safeguard Assets and Liabilities (tangible and intangible) of the bank and also curb income leakages.
Internal Audit
Develop and oversee the implementation of the Bank’s Corporate Audit Strategy.
Ensure adequate assessment of risks and controls relating to bankwide operational activities.
Develop Inspection programs and procedures for all experience centres (branches) and departments in the bank.
Ensure violations of bank’s operational procedures are properly investigated and recommendations on appropriate preventive/remedial action are implemented.
Identify operational policy gaps and proffer improvement and enhancement initiatives.
Carry out pre &post implementation review of control policies with respect to banking products and projects.
Ensure staff are sensitized on learning points gathered from investigated frauds, forgeries and other irregularities.
Ensure operational compliance with existing policies and procedures.
Provide regular accurate and objective reports/updates for management attention.
Initiate spot checks/reviews when necessary.
Liaise with External Auditors.
Desired Skills and Experience
Minimum Education Qualification:
A first degree preferably in a numerate discipline.
A relevant/recognized post graduate qualification and professional qualification such as ACA/ACCA is desirable.
Work Experience
A minimum of 10 years experience in the financial management/accounting function, 5 of which must have been in a senior position within the audit function.
Required skills
Cognate/Practical experience in Functional Banking areas such as: Operations, Credit Risk Management & Controls, Treasury & Treasury Operations and International Operations
Sufficient knowledge of key areas: governance, risk & control; information technology; ethics and fraud, regulation & legal; accounting & finance.
General multi Corporate Finance and Financial Strategy Knowledge
Fraud and Operational risk knowledge.
General Treasury Knowledge.
Policy Development & Financial Reporting Knowledge
General Capital Market Operations Knowledge
Oral and written Communication Skills
Product/Market Competencies
Analytical and Problem Solving Skills
Auditing and Investigation Skills
Financial Accounting Skills
Comprehensive Credit Skills
Leadership/Supervisory Skills
Team Building/ Conflict Management Skills
Policy and Regulatory Interpretation skill and Implementation capability.
Extensive Working Knowledge of Microsoft word, Excel and power point and Intranet
Interpersonal Skills
How to Apply
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