Internal Control Audit Executive
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Job Summary
The successful candidate will execute internal audit and control activities across the bank to ensure regulatory compliance mitigate operational and financial risks strengthen internal controls improve operational efficiency and support reliable financial reporting. The role will involve conducting audits testing internal controls monitoring the implementation of audit recommendations identifying control gaps and providing practical recommendations to strengthen the banks overall control environment.
Responsibilities:
- Plan and execute risk-based audit and control reviews covering banking operations credit treasury finance compliance branch activities and other relevant areas.
- Test and evaluate the adequacy and effectiveness of the Banks internal controls.
- Identify control gaps process weaknesses policy breaches operational risks and their root causes.
- Conduct transaction testing sample reviews reconciliations and basic data analysis to identify errors exceptions irregularities or potential fraud.
- Prepare clear and timely audit reports containing prioritised findings risk implications recommendations and remediation timelines.
- Present periodic audit and control reports to the Managing Director/CEO and Board of Directors as required.
- Monitor management action plans and follow up on outstanding audit findings.
- Verify the implementation and effectiveness of agreed corrective actions.
- Support the review and update of the Banks policies procedures operational manuals and internal control frameworks.
- Assist with regulatory examinations responses and information requests.
- Support engagements with external auditors and other assurance providers.
- Participate in fraud risk assessments and investigations where required.
- Maintain complete and properly documented audit working papers.
- Provide periodic reports on control exceptions remediation status emerging risks and repeat findings.
- Perform other audit and control-related responsibilities assigned by the Managing Director/CEO or Board of Directors.
- Plan and execute risk-based audit and control reviews covering banking operations credit treasury finance compliance branch activities and other relevant areas.
Requirements:
- Minimum of 2-3 years of relevant experience in internal audit internal control compliance risk management or a related function.
- Experience within banking microfinance fintech or other financial services institutions is preferred.
- Experience in branch audits credit portfolio reviews operational controls transaction monitoring or regulatory compliance will be an advantage.
- No professional certification is required for the role.
- Minimum of 2-3 years of relevant experience in internal audit internal control compliance risk management or a related function.
- Required Skills and Competencies:
- Sound knowledge of internal control principles and risk-based audit methodologies.
- Good understanding of accounting principles banking operations credit processes and regulatory compliance.
- Proficiency in Microsoft Excel and basic data analysis.
- Strong audit report writing and documentation skills.
- Strong analytical communication and stakeholder-management skills
- High levels of integrity objectivity confidentiality and attention to detail.
- Ability to work independently manage multiple assignments and meet deadlines
- Sound knowledge of internal control principles and risk-based audit methodologies.
- Remuneration:
- Gross Annual Salary During Probation: NGN(NGN 250000 gross monthly)
- Gross Annual Salary Upon Successful Confirmation: NGN(NGN 350000 gross monthly)
- Salary: 230k Net/mo (Pre-confirmation) 318k net/mo (Post-confirmation)
Benefits:- Training and professional development support.
- Health Maintenance Organisation (HMO) coverage.
- Subsidised accommodation through bed-space provision subject to availability and applicable terms.
- Performance bonuses approved incentives and other applicable benefits.
- Pension contributions and other statutory employment benefits.
- Gross Annual Salary During Probation: NGN(NGN 250000 gross monthly)
Required Skills:
- Strong understanding of brand management corporate communications public relations and reputation management. -Excellent knowledge of the banking industry customer segments and the regulatory environment. - Demonstrated ability to develop and execute strategic communication and integrated campaign plans. -Strong media relations stakeholder management and networking capabilities. - Excellent verbal and written communication skills including speech writing presentations and executive messaging. -Ability to manage crisis communications and sensitive reputational issues with sound judgement. - Strong analytical skills with the ability to interpret campaign media and engagement data for decision-making. -Creative thinking strong attention to detail and ability to maintain consistency in brand expression. -Strong leadership people management vendor management and project coordination skills. -Good working knowledge of Microsoft Office tools and digital communication platforms.
Required Education:
Bachelors degree in accounting finance banking business administration or a related discipline.
