Financial Institution
A top leading Financial Institution in Abuja, Nigeria is looking to hire a Banking professional to fill the vacant position of a Head, Internal Control Officer.
Job Title: Head, Internal Control
Location: Abuja
Job Description
- Build a strong compliance environment to ensure zero level of policy, procedures and regulatory infractions.
- Ensure prompt and effective call over of branch transactions.
- Build strong awareness in branch staff on all policy and procedures issues; zero tolerance for open GL Items, unreviewed transactions and income leakages.
Key Responsibilities
- Call over of Transactions as per the approved threshold.
- Review of expense and cash advances and ensure conformity with laid down policies.
- Carrying out security sweep at least once in a month.
- Cash count and vault administration, funds transfer, ensuring adherence to policies and procedures.
- Review of system exception message report.
- Review of GL/P&L Movement Report.
- Conduct Seriality checks /test on Managers Cheque/Bank draft in the branches under coverage.
- Review of Suspense/Transit/Proxy Accounts.
- Ensure complete and accurate recognition of all fees and charges on every relevant account.
- Review of Fixed Asset Register.
- Review KYC compliance.
- Carrying out spot checks and review of activities in the branches under coverage.
Key Performance Measures:
- Control Adequacy rating from Internal Audit.
- Effectiveness at follow up to ensure that Internal Audit recommendations are implemented.
- Quantum of undetected regulatory/statutory infractions from External Auditor and Regulators reports.
- Quality and Timeliness of losses and loss events reporting in processing areas
- Undetected Income leakage/P&L reversal arising from undetected processing errors.
- Promptness and effectiveness of call over of transactions.
- Integrity of the GL accounts in all Business offices.
- Promptness, Accuracy and Validity of Exception Reporting/Rendition of all Control Activity Reports.
Requirements / Qualifications
- A First Degree or its equivalent in Accounting or Audit.
- Professional qualification in Accounting or Audit would be an added advantage.
Experience:
- Minimum of 8 years post-graduate cognate experience in any reputable financial institution with at least 4 years at managerial position of a reputable financial institution.
Required Competencies:
- Internal relationship: The need to maintain a wide network with key stakeholders in the Bank.
Technical Competencies:
- Report writing/Investigation skill
- Banking operations experience
- Interpretation of ML (P) Act 2004 & CBN KYC Manual 2003.
Personal Competencies:
- Excellent interpersonal skills
- Attention to details.
SEE ALSO: Supply Chain Supervisor Job at Kloverharris Limited
Method of Application
Interested and qualified candidates should send their Application Letter and CV to: [email protected] using “Head, Internal Control” as the subject of the mail
Application Deadline
20th January, 2021.
To apply for this job please visit gmail.com .