#Vacancy: Group Head, Internal Control Audit Job at EDD Consulting

[Jobrib]

Job Title: Group Head, Internal Control Audit

Company: EDD Consulting

Job Type: Full Time

Qualification: BA/BSc/HND MBA/MSc/MA

Location: Lagos, Nigeria

Job Field: Finance/Accounting/Audit

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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 Finacial services Industry, seeks to recruit a suitable person, exhibiting its values of Professionalism, Superior Service and Innovation to fill  the position of Group Head, Internal Control/Audit.

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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.

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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.

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Liaise with External Auditors.

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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.

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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.

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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.

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