Head of Internal Control and Compliance

Location: Lagos stateEmployment Type: Full-timeJob DescriptionDesign and revise internal control measures, compliance strategy and framework.Identify control lapses and policy inadequacies thorough investigation for a continuous improvement process.Design Internal Control work plan and coordinate compliance activities across branchesOversee activities of branch internal control officers for maximum effectivenessCarry out spot checks on operational activities across all branches and take action on non-compliance issuesReceive and review all audit and control reports and identify issues for necessary actionEnsure prompt investigation of fraud & forgery cases, breach of policies/procedures and related matters to a logical conclusion.Make recommendation for appropriate preventive/remedial actions and policy amendments based on emerging issues in internal control unitAppraise subordinates objectively, and follow up on action points resulting from the appraisalResponsible for the overall performance of the unit including, coaching and monitoring of subordinates.Carry out staff audit in conjunction with the Human Resources DepartmentRecommend and/or facilitate training of Internal Control Officers bank-wide.Daily call-over of Head-office transactionsWeekly and Monthly review of branches’ call-over.Oversee the treatment of any exceptions on bank activities and ensure proper documentation.Ensure quality portfolio management bank-wide including but not limited to branch visitation.Regular review of the bank’s Portfolio at Risk (PAR) in conformity with the bank’s policies.Monitor the bank’s assets and identify any obsolete or idle assets for efficient disposal as may be required.Ensure monthly review of bank reconciliation statements for all existing bankEnsure compliance with statutory deductions.Supervise stock counts and follow through to ensure that balances are reconciled with the bank’s booksOversee the physical verification of Property, Plant and Equipment (PPE) and monitor its disposal.Prepare monthly and quarterly compliance and control reports as required.Ensure compliance with regulatory bodies (CBN, NDIC etc.) guidelines.Perform other duties and responsibilities, as may be assigned by the Board of Directors and Managing DirectorRequirementsBachelor's Degree in Business, Finance, Accounting, or equivalent experience.Chartered Accountant (ICAN, ACCA, CPA).5 to 10 years’ experience in accounting, financial management and internal control practices.Method of ApplicationInterested and qualified candidates should send their Resume and Application Letter to: jobs@choicetalents.com.ng using the Job Title as the subject of the mail.