Purpose of position:

Responsible for Internal Control function procedures to ensure sufficient risk management and efficiency, adherence to policies and procedures and provide adequate tools and guidance to check fraud and other irregularities.

Key Responsibilities:

·         Create Internal Control functional procedures to ensure sufficient risk-management and efficiency

·         Institute value-adding and cost-efficient controls across all business units

·         Engender an effective control environment and control culture

·         Responsible for implementing, directing and overseeing controls activities and compliance programs.

·         Evaluate adequacy and effectiveness of internal control systems and initiate process reviews

·         Manage, administer and coordinate available resources to achieve efficient/effective control and archival processes

·         Improve the control culture and environment e.g. through regular sensitization and training of staff

·         Assess the adequacy and extent of programs designed to safeguard organization assets.

·         Provide value added service (management reports, training) to internal customer and stakeholders.

·         Develop internal control review checklists based on local requirements, periodic returns and co-ordination with Operational Risk co-ordinators

·         Implement internal and external audit recommendations together with any issues raised by external regulators.

Desired knowledge, skills and abilities set:

• Minimum of a Bachelor’s degree in Economics, Commerce or Business Administration or any other related field

·           A minimum of 7 years’ experience in Banking (Control Functions) with at least 5 years at managerial level.

• Good understanding of the bank’s standard operating procedures, relevant laws, regulatory standards & policies
• Strong investigative skills
• Knowledge of Computer Assisted Auditing Tools
• Strong communication and interpersonal skills, as well as a proactive approach when working with others
• Analytical skills
• Knowledge of Finacle banking solutions is of benefit.