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  • Posted: Jul 28, 2014
    Deadline: Not specified

  • Read more about this company


    Group Head, Internal Control/Audit

    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

    Method of Application

    To apply for this position, click here

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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