Latest Jobs at First Bank Nigeria

DUTIES & RESPONSIBILITIES

• Participates in the risk-based internal audit review of Subsidiaries.
•  Assists in executing effective risk assessment of the subsidiaries and provide input into the annual /quarterly audit plan for Board approval.
• Support in developing a systematic and disciplined approach for the Unit’s internal audit performance standards by implementing appropriate risk-based methodologies and auditing frameworks.
• Ensures the audit area(s) assigned is delivered within cost and time budget.
• Continually assesses, evaluates, and reports to the Team Lead, Subsidiaries Audit on emerging issues, industry trends and events affecting the Bank/ Subsidiaries, to enable the development of pro-active controls and monitoring mechanisms.
• Participate in the preparation of draft Terms of Reference, Audit Working Plan, Engagement budget etc. and partakes in all formal audit meetings (including exit and entry) with clear deliverables and communication strategy.
• Provides support role to the Team Lead in the execution of audit assignments and ad-hoc projects.
• Conducts process documentation, Walkthrough documentation, and test of control and procedures during fieldwork
• Reviews documents, prepares work papers and Issues Summary for the Team Lead’s review.
• Participates in the preparation of draft final reports to the Board of Directors of Subsidiaries
• Evaluates the adequacy and effectiveness of internal control system in the Subsidiaries.
• Assists in conducting investigations and report on violations of policies.
• Participate in Knowledge sharing sessions.
• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First Degree preferably in a Business-related degree; Professional certification, ACA, ACIB, etc.; Higher degree MBA, MSC (additional)

Experience

Minimum experience – 2 years in General Banking and Audit

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DUTIES & RESPONSIBILITIES

• Manages the risk-based internal audit review of Subsidiaries and ensures compliance with approved plans.
• Supports in executing effective risk assessment of the various businesses/subsidiaries and provides input into the annual/quarterly audit plan for Board approval. 
• Provides first line support for the Unit Head, Subsidiaries Audit to conduct a risk-based audit that ensures focus on strategic areas of the Business.
• Assists in developing a systematic and disciplined approach for the Unit’s internal audit performance standards by evolving process improvement frameworks.
• Supervises Team Members on Audit assignments and provides first level quality assurance review of team output and ensure knowledge sharing and on the job coaching of team members 
• Continually assesses, evaluates, and reports to the Unit Head, Subsidiaries Audit on emerging issues, industry trends and events affecting the Bank and Subsidiaries to enable the development of pro-active controls and monitoring mechanisms.
• Coordinates and provides leadership, guidance and support to the team in achieving the engagement timelines and budget. 
• Oversee the activities of team members in the implementation of the Audit Terms of Reference and ensure meeting up with the reporting deadline. 
• Develops and communicates Draft Audit Terms of Reference to Auditees’ Management and participate in formal audit meetings (including kick off and close out) with clear timelines.
• Examines and evaluates the adequacy and effectiveness of the system of internal controls in Subsidiaries.
• Monitors departments’ Profit & Loss account heads; Review of general ledger balances; review of processes, policies and procedures, conducts special Investigation and report breaches.
• Reviews the reliability and integrity of financial and operating information and evaluates techniques used to identify measures, classify and report such information.
• Reviews team members’ process documentations, walkthrough documentation, Test procedures work papers and implements quality assurance and improvement programs.
• Coordinates the preparation of audit work plan, issue summary log and draft audit report.
• Engages Heads of departments and Unit Heads of Subsidiaries to ensure efficiency and effectiveness of audit sessions and follow-up
• Represents the Internal Audit Department/Head Subsidiaries on special projects 
• Engages Management of Bank / subsidiaries and act as liaison between audit department and auditee to ensure effective flow of communication. 
• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First Degree/HND in any discipline plus Professional certification, ACA, ACIB etc.; Higher Degree (nice to have)

Experience

Minimum experience – 10 years in Audit, Internal Control, Banking Operations and Credit