Head of Internal Audit at Infrastructure Bank Plc

The Infrastructure Bank Plc was established in 1992 under decree No. 51 of the 1992 constitution of the Federal Republic of Nigeria. The Infrastructure Bank Plc is Nigeria's dedicated infrastructure bank providing financial solutions to support key long term infrastructure projects, including transportation infrastructure, municipal common services, mass housing and district development, solid waste management and water provision, and power and renewable energy projects. The Infrastructure Bank Plc has a unique ownership structure. It is majority owned by the private sector but also has the Federal Government, State Governments and Local Governments as well as the Nigeria Labour Congress as shareholders. The Bank is thus a government sponsored but private sector led development finance institution.

We are recruiting to fill the position below:

Job Title: Head of Internal Audit

Location: Abuja (FCT)
Job Type: Full Time

Summary

• The Head of Internal Audit will be responsible for leading and managing TIB’s internal audit function, ensuring the effectiveness of internal controls, risk management, and governance processes.
• The role will provide independent and objective assurance to the Board of Directors and executive leadership on the adequacy and effectiveness of the bank’s internal controls, risk management, and compliance with regulatory requirements.
• The ideal candidate will have extensive experience in internal audit, risk management, and compliance within the banking or financial services sector.
• Internal Audit Strategy & Planning
• Risk Assessment & Control Evaluation
• Audit Execution & Reporting
• Compliance & Regulatory Oversight

Responsibilities

• Fraud Prevention & Investigation
• Stakeholder Engagement & Team Leadership
• Develop and implement the Bank’s internal audit strategy and annual audit plan.
• Conduct risk assessments and evaluate the effectiveness of internal controls, risk management, and governance processes.
• Lead and manage audit execution, including planning, fieldwork, and reporting to the Board and executive leadership.
• Ensure compliance with regulatory requirements and internal policies, including CBN and other authorities.
• Develop and implement fraud prevention and investigation strategies.
• Collaborate with departments, external auditors, and regulators to strengthen governance and control environments.
• Monitor and ensure timely implementation of audit recommendations.
• Build, lead, and mentor a high-performing internal audit team, promoting a culture of accountability, integrity, and excellence.

Qualifications & Experience

• A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• A Master’s degree is an advantage.
• Professional certification (e.g., CIA, CPA, ACCA, CISA) is required.
• Minimum of 12 years of experience in internal audit, risk management, or compliance, with at least 7 years in a senior leadership role within the banking or financial services sector.
• Strong knowledge of internal audit standards, risk management frameworks, and regulatory requirements in Nigeria.
• Experience in conducting risk-based audits, fraud investigations, and compliance reviews.
• Demonstrated ability to lead and inspire teams in a dynamic and complex environment.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@tibplc.com using the Job Title as the subject of the mail.