Lead Auditor, Business Support & IT at Stresert Services Limited

Stresert Services Limited is currently seeking to employ suitably qualified candidate to fill the position of:

Job Title: Lead Auditor, Business Support & IT

Reports to: Audit Manager, Wealth
Location: Lagos

Job Purpose

• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.
• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key Responsibilities

• Having strong understanding of the business.
• Developing and executing a robust Audit Plan by business entity, in accordance with internal policies, government regulations and Internal Audit professional practice standards.
• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.
• Managing audit activities for a product line, process/function or legal entity.
• Applying in-depth level of expertise in several of the Bank's functions including: Internal Financial Control (IFC), Credit, Procurement, Compliance, Information Technology, etc.
• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.
• Delivering timely high quality audit reports; all reports emanating from the department should be checked for correctness.
• Managing a small to medium sized team of audit professionals; recruiting staff; developing talent; building effective teams and leading their professional development.
• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.
• Maintaining mutually beneficial relationships with business line management, external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.
• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.
• Monitoring staff performance standards for purposes of motivation, disciplining, counseling and rewarding.
• Reporting monthly and quarterly and annual audit results; issues validation;
• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key Performance Measures

• Meeting quarterly audit plan targets.
• Submission of monthly, quarterly and annual reports to GIA and senior management.
• Budgetary expenditure variances to be positive.
• Level of legitimate complaints from customers and team to be nil or minimum.
• Positive feedback from Head, Internal Audit.
• Positive feedback from Internal Auditors.
• Internal and external relationships:
• Internal relationships
• Continuous communication with the Audit Manager, to get advice and guidance.
• Consult with the Audit Manager to get ad hoc assignments and to obtain feedback on work done.
• Hold regular Portfolio Management discussions with auditee/stakeholder management to assess inherent risks and to obtain feedback on work carried out.
• Maintain close communication with Internal Audit team to provide guidance and enhance team spirit.
• Communication with the Audit Manager on progress with regard to the annual audit plan.

External Relationships:

• Maintain close relationship with External Auditors during statutory audits.
• Liaise with Central Bank Examiners in the course of audits carried out by the Regulators.
• Liaise with other banks, particularly their Internal Audit and Investigation teams to share notes and enable a speedy resolution of investigation work.
• Relate with labour unions where necessary

Competencies Required

Qualifications:

• Possess of a first Degree; a professional qualification such as CIA, CISA, CIMA, ACCA, ACA, COBIT or similar.

Experience:

• At least 6 years of experience in audit including IT audit experience.

Technical Competencies

• Specific subject matter expertise regarding the management of IT assets and infrastructure.
• Demonstrate experience in managing teams and managing integrated internal audit and assurance delivery within a matrix reporting environment.
• Effective negotiation skills with a proactive, no-surprise approach to communicating issues.
• Must be an articulate and effective communicator, both orally and in writing; must be energetic, charismatic and approachable.
• Strong interpersonal skills for interfacing with varying levels of business and internal audit management.
• Appreciate different styles or perspectives; values diversity and a diverse workforce.
• Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Personal Competencies

Problem Solving:

• Decide on which business areas to include in the annual plan, based on the global risk assessments and Audit Universe.

Planning:

• Decide on the composition of audit teams, gravity of cases to be investigated and time to be allocated thereto.

Decision Making:

• Interpret audit findings and decide on suitability of recommendations made and overall rating awarded.

Application Closing Date
13th February, 2015.

How to Apply
Interested and qualified candidates should send their application and CV's to: [email protected]  using 'Lead Auditor- Business Support & IT' as subject of application.