Head of Internal Control and Compliance at Choice Talents NG Full Time

Job Title: Head of Internal Control and Compliance

Location: Lagos
Employment Type: Full-time

Job Description

• Design 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 branches
• Oversee activities of branch internal control officers for maximum effectiveness
• Carry out spot checks on operational activities across all branches and take action on non-compliance issues
• Receive and review all audit and control reports and identify issues for necessary action
• Ensure 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 unit
• Appraise subordinates objectively, and follow up on action points resulting from the appraisal
• Responsible for the overall performance of the unit including, coaching and monitoring of subordinates.
• Carry out staff audit in conjunction with the Human Resources Department
• Recommend and/or facilitate training of Internal Control Officers bank-wide.
• Daily call-over of Head-office transactions
• Weekly 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 bank
• Ensure compliance with statutory deductions.
• Supervise stock counts and follow through to ensure that balances are reconciled with the bank’s books
• Oversee 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 Director

Requirements

• Bachelor’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.

Application Closing Date
31st July, 2023.

Method of Application
Interested and qualified candidates should send their Resume and Application Letter to: [email protected] using the Job Title as the subject of the mail.