About this role
Head, Internal Control
LAPO Microfinance Bank is a pro-poor financial institution committed to the social and economic empowerment of low-income households through provision of access to responsive financial services on a sustainable basis. The Institution was established in the late 1980s as a Non-Governmental Organization (NGO) by Godwin Ehigiamusoe in response to the effects of...
Head, Internal Control
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 5 years
- Location Lagos
- Job Field Risk Management and Compliance
Job Summary
- To minimize risks, protect the Bank’s assets, ensure the accuracy of records, promote operational efficiency and encourage adherence to policies, procedures.
Job Details
RESPONSIBILITIES
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Ensure Strict adherence to policies and procedures.
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Develop Control and Compliance policies/frameworks, procedures, programs, and Manuals in line with current trends to mitigate risks.
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Ensure continuous review and assessment of the effectiveness and efficiency of policies, procedures and processes and identify improvement in order to strengthen controls where applicable.
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Manage work/activities with risk, Legal, Compliance, Operations and other control related activities in line with the Bank’s objective and strategy.
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Define the Strategic direction for the Internal Control function which aligns with the overall objective and strategic goals.
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Monitor the application of policy to ensure that all divisions, departments and units adhere to the approved policies, regulations and standard operation as set by management and regulators.
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Coordinate, conduct regular reviews to ascertain, verify and confirm if the respective Departments in the bank follow and adhere to the approved internal control procedures.
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Coordinate, evaluate the business' recovery procedures for operational disruptions and maintain communication with the Management.
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Coordinate, prevention of fraud and ensuring compliance with relevant regulations.
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Coordinate, and report to the Managing Director on all controls and compliance issues as they arise for prompt actions to be effected.
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Coordinate and test systems controls to verify effectiveness and efficiency before and after implementation.
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Coordinate and Identification of system modules which are not functioning properly and proffer recommendations for its resolutions.
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1Any other duties/task assigned by the Managing Director.
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JOB REQUIREMENTS
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Education: Minimum qualification of BSc. Or HND in Accounting or a relevant field.
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Experience: Minimum of three (5) years of work experience..
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Deadline: Not specified