EDD Consulting - 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 Financial services Industry, seeks to recruit a suitable person, exhibiting its values of Professionalism, Superior Service and Innovation to fill the position of:
Job Title: Group Head, Internal Control/Audit
Location: Nigeria
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.
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
Application Closing Date
Not Stated.
Method of application
Interested and qualified candidates should
:
Click here to Apply