Head, Internal Control and Audit (Financial Services)

HIRING – Head, Internal Control and Audit (Financial Services)

Location: Lagos, Nigeria

Industry: Registrar Services

Work Schedule: Hybrid

Compensation: Base Pay is N19,000,000 Annually (Flexible), plus Other interesting benefits

About the Company: Our client is a leading securities register and data management provider in the Nigerian Capital Market.

The Company is seeking to hire a well-experienced Head, Internal Control and Audit professional who will ensure robust internal controls, regulatory compliance, and accuracy in registrar operations through effective audit and risk management practices.

Key Responsibilities:

• Responsible for conducting ongoing review of internal controls, operating procedures, and compliance with policies and regulations
• Responsible for designing the company's annual audit plan
• Responsible for conducting periodic audits of various units within the firm
• Reviews and appraises the soundness, effectiveness, and proper application of accounting and financial controls
• Performs periodical risk assessments; analyses current risks and identifies potential risks that may affect the company
• Responsible for compiling SEC reports and returns
• Responsible for carrying out investigations as may be assigned or deemed necessary
• Set a risk and compliance framework for the firm in line with the firm’s principles and culture
• Proactively guide the integration of risk management with other organizational planning and management activities
• Attend Board Audit and Risk Committee meetings, and any other duties assigned by Management
• Attend Board Audit and Risk Committee meetings, and any other duties assigned by Management
• Stay abreast of contemporary industry practices and knowledge

Key Requirements:

• Minimum of a first degree in Accounting, Finance, Economics, or Business Administration with relevant
• Professional qualification in e.g., ACCA, ACA, ICAN, CIA.
• A Master’s Degree in any of the above fields is an added advantage

Key Experience:

• At least 8 years in a similar role in the financial industry
• At least 7-10 Years’ relevant experience in a registrar's firm or finance house, which should be in a managerial capacity.

General Key Performance Indicators:

• Zero fraudulent transactions
• Effectiveness of risk mitigation strategy
• % of costs incurred due to risks
• % of staff trained in risk management techniques
• % of risk issues exceeding defined risk tolerance without action plans
• Frequency and severity of risk occurrence
• Responses to requests in 24 hours or less
• Accuracy of reports
• Number of delinquent transactions
• % Error Rate in Corporate Actions Processing
• % Regulatory Compliance Rate

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