Posted on Thu 28th Mar, 2019 - hotnigerianjobs.com --- (0 comments)
ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.
We are recruiting to fill the position below:
Job Title: Audit and Risk Analyst
Location: Ikoyi, Lagos
Main Responsibilities
Develop annual audit plan for the subsidiaries and submit to the Audit, Risk and Compliance Committee for review and approval.
Execute country audits to assess controls, operational efficiencies and compliance with selected policies, procedures and regulations. Resolve audit problems that occur and develop modifications to coverage and schedule.
Perform special analyses and reviews, including compliance, instances of alleged fraud and unethical misconduct.
Review and report on the accuracy, timeliness and relevance of the financial and other information that is provided for Board and Management.
Refer major audit issues to Head of Audit & Risk for resolution.
Research and keep abreast of country legislative issues, new audit regulations/trends and audit methodology. Discuss updates of new regulations with Head of Audit & Risk and relevant country departments.
Conduct periodic training workshops for in-country staff to promote awareness of governance, risk management, and internal controls.
Ensure work papers are adequately documented and audit evidence is sufficient.
Prepare accurate audit reports across country offices for the Audit, Risk and Compliance Committee.
Elicit information from knowledgeable internal/external sources about areas and functions to determine appropriate audit direction/methodology for the business units within the country office.
Assist external auditors as appropriate. Coordinating country office’s response to audit findings and recommendations.
Develop and implement fraud and unethical behaviour prevention programs driven by risk based support.
Update risks during operations as well as mitigation plans
Implement risk mitigation plan developed at corporate level
Consolidate risk exposure via compliance checklists in all country-level departments and give data to Project monitoring associate
KPIs:
Percentage of in-country staff trained on risk and compliance issues (15%)
Percentage of local compliance regulations met by required date (15%)
Corrective action response time (10%)
Number of implemented opportunities for improvement (OFI) vs. number of raised opportunities for improvement during internal and external audits (15%)
Percentage of business services in the country not covered by risk analysis (10%)
Savings generated and costs avoided associated with identified audit issues (5%)
Overall corporate performance (10%)
Feedback – The annual average rating from 360-degree surveys launched (10%)
Deliverables:
Country audits
Country audit reports
Implementation of country risk mitigation strategy report
Time Allocation:
Technical (90%)
Administrative (10%)
Requirements
Undergraduate degree or equivalent in Business, Accounting or Audit
4 years’ professional experience, with at least 2 years within a similar role
Skills:
Knowledgeable, skilful and experienced about Internal Audit
Knowledgeable about operating properties.
Gathers information nationally and internationally about what could be; visualises the future and assesses what needs to change; thinks strategically, considers wider effects thoroughly, including customers, shareholders and people; promotes and builds enthusiasm for the vision.
Good planning/project management skills
Exceptional negotiation, problem-solving and analytical skills
Superior communication skills, both verbal and oral
Exceptional attention to detail.
Sets milestones and timeframes to achieve objectives and operational requirements; determines priorities and allocates responsibilities and manages workflow; establishes measures and monitoring systems; putting (joint) action plans in place to address areas of non-compliance; anticipates hurdles and has contingency plans to get around them.
Ability to exercise professional scepticism.
French speaking or willing to learn French within the first 6 months of employment.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should: Click here to apply online