Head Internal Control And Compliance

Responsibilities:

• Develop, cascade and monitor the implementation of internal Control strategy and work plans/activity plans aligned to the bank's overall strategy
• Create and maintain a world-class internal control system and control culture in the bank.
• Develop and implement sound independent control policies and standards covering all sources of risks (financial and non-financial) across the bank.
• Provide advisory support and services in building strong KYC and KYC(B) compliance by identifying control lapses/policy inadequacies through KYC activities for process improvement/policy amendments.
• Review all expenses and control costs within the bank by carrying out periodic (daily/weekly/Monthly and Quarterly) assessment, evaluations, control and approvals of budget requests and recommendations as per approved budget of the bank
• Ensure there are no fraud cases originating from operational activities across the bank.
• Identify and resolve all issues of operational lapses promptly.
• Carry out specific risk-based independent control functions with significant material and operational risk impact.
• Ensure policy and regulatory compliance.
• Promote efficiency in the processes of operations.
• Supervise all direct reports to ensure that issues are dealt with at the appropriate levels, and coordinate activities of direct reports to ensure that internal control policies are complied with.
• Ensure the continuous development and motivation of staff in the department. 

Requirements:

Minimum Education:

• First degree in Accounting, Finance and any related discipline.
  
• Professional qualifications such as ACA, ACCA, and CIBN are mandatory.
  
• A postgraduate degree is an added advantage. 
  
• Experience: Minimum of 10 years’ cognate work experience.
• Comprehensive Banking Operations/Credit Skills
• Fraud and Operational risk knowledge
• Policy and regulation interpretation and implementation.
• Knowledge of banking regulatory guidelines.
• Knowledge of a mortgage bank’s structure, operations, and policies.
• Knowledge of risk management.
• Documents & records management.
• Knowledge of a mortgage bank’s products and services.

Skills:

• Computer appreciation skills (Ability to work with word processing, spread sheet applications).
  
• Compliance monitoring.
  
• Quality control/assurance skills.
  
• Operational and management research skills.
  
• Forecasting.
  
• Project management skills.
  
• Data collection and analysis.
  
• Business process analysis.
  
• Technical report writing skills.

Candidate Abilities & Personality Profile

• Attention to detail.
  
• Interpersonal skills
  
• Decision quality & problem solving.
• Developing others.
• Directing others.
• Discretion & confidentiality.
• Managing & measuring work.
• Managing relationships.
• Business acumen.
• Time management.
• Effective team building.
• Priority setting.
• Analytical thinking skills.
• Probing skills.
• Conflict management.
• Negotiation skills.
• Presentation skills.
• Planning and organizing skills.
• Oral & written communication skills.