Head, Internal Audit at Radix Pension Managers

Radix Pension Managers Limited is a licensed Pension Fund Administrator (PFA) by the National Pension Commission (PenCom). On February 15, 2017, Radix Capital Partners Limited, a SEC-licensed investment banking firm, acquired a majority share interest in IGI Pension Managers Limited. IGI Pension Managers Limited was previously owned by IGI Plc. A new Board of Directors and executive management team was constituted to lead the company.

We are recruiting to fill the position below:

Job Title: Head, Internal Audit

Location: Victoria Island, Lagos

Job Overview

• The expected applicant will provide an independent guarantee that the organization’s risk management, governance and control processes are operating effectively.
• Monitor and evaluate how well risks are being managed, how business is running and if internal processes are working optimally and also provide consulting advice to management on how to improve organizational systems and processes.

Responsibilities

• Carry out audit of service centres/branches and Head Office (H/O) departments at least once in a year.
• Carry out spot checks on service centres/branches and H/O units depending on the risk profile of the unit.
• Develop yearly audit plan and obtain Board of Directors’ approval.
• Conduct regular spot checks on high risk departments to support full audit exercise.
• Report exceptions and make corrective recommendations.
• Enforce compliance with organisation’s policies and procedures.
• Verify monthly and periodic regulatory returns and ensure completeness and reliability.
• Co-ordinate examinations by external auditors, and monitor the regularization of issues raised by these bodies.
• Conduct periodic review of all operating systems, software, hardware, network and various application systems.
• Assess the adequacy of risk management and oversight on existing or new technology systems and outsourced activities.
• Ensure close monitoring of enhancements and developments in ICT.
• Conduct prompt investigation on frauds and forgeries and Customer complaints.
• Conduct prompt investigation where there is breach of policy, procedure, regulation and Code of Conduct.
• Continuously assess, evaluate, and report to Management on the adequacy or otherwise of controls in all areas of the organisation’s operations, procedures and processes and recommend suitable improvement requirements.
• Participate in the design and implementation of a new process/project.
• Advise on key aspects of organisation activity fueled by the need for objectivity and impartiality.
• Independent evaluation of control framework.
• Make control-related recommendations on specific major projects or plans.

Requirements

• B.Sc. Degree in any related field
• Professional qualification in related discipline i.e ICAN, ICEN, ANAN, etc).
• 10 years post qualification experience of which 8 must be in a financial sector and 4 years in a managerial position.

Application Closing Date
12th March, 2024.

How to Apply
Interested and qualified candidates should send their Resume to: hr@radixpension.com using the Job Title as the subject of the email.

Note: Only qualified candidates would be contacted.