Internal Control Officers

Responsibilities:

• Conduct investigations into suspected fraudulent practices across the corporation and determine/recommend the appropriate line of action in response to findings.
  
• Monitor compliance with control frameworks in the bank’s business processes and systems.
  
• Continuously review business and operational risks facing the Bank in order to enforce compliance with the recommended control process.
  
• Work with departments and units to identify areas of non-compliance, inherent risk, areas of risk exposure, and preferred mitigating controls.
  
• Monitor business risk in the business risk portfolio and continuously seek ways to eradicate leakages and improve its control systems.
  
• Stay abreast of industry trends, events, issues, and developments to enable the development and implementation of appropriate control measures and monitoring mechanisms, as well as their continuous update/revision.
  
• Ensure bank-wide compliance with standard reporting techniques and recommend remedial action as appropriate.
  
• Ensure KYC standards are met and vet and approve the opening of new mortgage accounts to ensure they meet minimum KYC standards.
  
• Identify implications of process redesign and system upgrade implementation efforts in a bid to ensure adequacy of controls post implementation of process.
  
• Review activities of the bank’s department/unit’s activities to generate a report on findings and recommendations.
  
• Prepare and submit periodic activity/management reports to the Board of Directors
  
• Any other activities as assigned by the Head. Internal Audit
  

Requirements:

• Bachelor’s degree in Accounting or a degree in any relevant field.
  
• Certification in ACCA or ACA or any relevant professional body will be an added advantage. (not compulsory)
  
• At least 2 years’ experience in Finance Management/Accounting/Audit Role.
• Good knowledge of fraud behavior and detection methodologies for a non-bank financial institution.
  
• Deep knowledge of Nigerian Mortgage Sector  the real estate industry.
  
• Strong analytical skills and attention to detdetail.nowledge of regulatory guidelines for the sector and understanding of Mortgage Banking
• Knowledge of Corporate Governance
  
• Excellent understanding of process management & planning.
  
• Excellent communication and people management skills.
  
• Strong problem so-solvingd analytical abilities.
  

Key Performance Indicator:

• Progressive improvement in the Banbank’ssk management/control systems.
  
• Number of fraud/irregularities/sharp practices detected/prevented.
  
• Timely resolution of investigations.
  
• Number of regulatory sanctions.
  
• Queries from external audit reports.
  
• Number of exceptions raised during regulatory examinations.
  
• Turnaround time: Loss reporting.
  
• Error rate: Reports and number of undetected leakages.
  
• Actual vs. budgeted activity level: Adherence to annual audit plan
  

Key Result Areas:

• Reduction  in  operational losses
  
• Fraud detection
  
• Production of timely and appropriate audit report
  
• Appropriateness in the level of compliance to regulatory guidelines
  
• Safe- kekeeping the Bank’s assets Improved banking operations and processes
  
• Good functional oversight by the Board of Directors.
  

Locations: Lagos & Abuja