A leading commercial Bank with National License, is seeking suitably qualified candidates for the position below:
Job Title: Group Head, Internal Control
Location: Nigeria
Job Description
- The successful candidate is expected to oversee the implementation ot effective and efficient control techniques within the Bank shot will ensure compliance with policies, procedures and regulatory demands.
Responsibilities
- Institute relevant processes at internal checks to ensure effective discharge of the control functions.
- Ensure optimal deployment of She control resources and timely resolution at human and material resource gaps across the group.
- Provide guidance and leadership to subordinates to ensure effective execution of the group’s activities through proper career planning, training and development programs.
- Ensure proper documentation of existing Internal Controls and Policies.
- Anchor the continuous review of all policies and procedure manuals to ensure that control measures effectively reflect the bank’s approval and set standards as well as current realities.
- Drive process improvement and optimization within the Internal Control space.
- Create, maintain and ensure implementation of risk control matrices and internal control test plans.
- Safeguard Assets and Liabilities (tangible and Intangible) of the bank and also curb income leakages.
- Institute and enforce aggressive Revenue Assurance and Cost Reduction Strategies tar the Bank.
- Ensure prompt detection and escalation of Control exceptions.
- Analyze reports and highlight trends and issues for management attention.
- Assess, analyze and measure risk relating to operational standard and make recommendation for policy amendments/process improvement based on emerging control issues and risks.
- Conduct first level investigation on frauds and forgeries including customers’ complaints and breach of policy and procedures with recommendations for Management action.
- Maintain an efficient working relationship with EFCC, NDLEA, CBN, NDIC and other regulatory agencies.
- Ensure that open items in the bank’s ledgers accounts are current and promptly resolved.
- Preparation of cost budget for the Control offices and ensure compliance with the same.
- Drive and provide adequate supervision of the Systems Control function at the bank.
- Identity instances of over and under control and provide management with a clear articulation of residual risks where existing controls are inadequate.
Minimum Qualification & Experience
- First degree or equivalent in Accounting. Finance or a related discipline with higher qualification in Finance, Management or Masters in Business Administration (MBA).
- Good experience in Internal Control and Banking Operations is desirable.
- A professional quantification is desirable (CISA, CFA, ICAN, ACCA)
- Minimum of ten (10) years cognate experience in Financial Management/Accounting Function, 5 of which must be in a senior position within the Audit function.
Application Closing Date
3rd May, 2016.
How to Apply
Interested and qualified candidates should send their CV's to:
[email protected]