Head of Internal Audit
Job summary
The Head of Internal Audit is responsible for leading the internal audit function, providing independent assurance on the effectiveness of the bank’s risk management, internal controls, and governance processes.
Job descriptions & requirements
Responsibilities:
- Develop and implement a risk-based audit strategy and annual audit plan aligned with organisational objectives, regulatory requirements, and emerging risks.
- Lead end-to-end audit engagements across financial, operational, and technology functions, ensuring the effectiveness of internal controls and risk management processes.
- Ensure adherence to all regulatory requirements and deliver clear, insightful audit reports to the Board, Management, and relevant authorities.
- Oversee the tracking and validation of audit findings, ensuring timely remediation and continuous improvement of control environments.
- Provide strategic advisory on risk, governance, and control enhancements, collaborating with key stakeholders to strengthen the organisation’s risk framework.
- Lead, mentor, and develop a high-performing audit team while fostering a culture of integrity, objectivity, and continuous improvement.
- Serve as the primary point of contact for auditors, regulators, and senior leadership on all audit-related matters.
Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field. A Master’s degree is an added advantage.
- CIA, CISA, ACA, ACCA, CIBN, or other relevant professional certifications are required.
- Minimum of 5–7 years of audit experience, with at least 4 years in a leadership role within banking, fintech, or financial services.
- Proven track record of leading audit engagements covering IT systems, payment platforms, and digital products.
- Deep understanding of internal control frameworks, auditing standards, and CBN/NDIC regulatory requirements for digital banks.
- Proficiency in audit management software, data analytics tools, and Microsoft Office Suite.
- Ability to work independently and manage multiple priorities in a dynamic environment.
- Excellent written and verbal communication, with the ability to present complex findings to the Board and senior management.
- Strong analytical, problem-solving, and investigative skills.
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