Head, Internal Control

Job title : Head, Internal Control

Job Summary

• To minimize risks, protect the Bank’s assets, ensure the accuracy of records, promote operational efficiency and encourage adherence to policies, procedures, rules and regulations.

Job Details

RESPONSIBILITIES

• Ensure Strict adherence to policies and procedures. 
• Develop Control and Compliance policies/frameworks, procedures, programs, and Manuals in line with current trends to mitigate risks. 
• Ensure continuous review and assessment of the effectiveness and efficiency of policies, procedures and processes and identify improvement in order to strengthen controls where applicable. 
• Manage work/activities with risk, Legal, Compliance, Operations and other control related activities in line with the Bank’s objective and strategy. 
• Define the Strategic direction for the Internal Control function which aligns with the overall objective and strategic goals. 
• Monitor the application of policy to ensure that all divisions, departments and units adhere to the approved policies, regulations and standard operation as set by management and regulators. 
• Coordinate, conduct regular reviews to ascertain, verify and confirm if the respective Departments in the bank follow and adhere to the approved internal control procedures. 
• Coordinate, evaluate the business' recovery procedures for operational disruptions and maintain communication with the Management. 
• Coordinate, prevention of fraud and ensuring compliance with relevant regulations. 
• Coordinate, and report to the Managing Director on all controls and compliance issues as they arise for prompt actions to be effected. 
• Coordinate and test systems controls to verify effectiveness and efficiency before and after implementation. 
• Coordinate and Identification of system modules which are not functioning properly and proffer recommendations for its resolutions. 
• 1Any other duties/task assigned by the Managing Director.

JOB REQUIREMENTS 

• Education: Minimum qualification of BSc. Or HND in Accounting or a relevant field. 
• Experience: Minimum of three (5) years of work experience..