Head Internal Audit & Compliance at Personal Trust Microfinance Bank Limited

0
56

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Title: Head, Internal Audit & Compliance

Location: Surulere, Lagos
Employment Type: Full-time

Job Summary

  • The Head of Internal Audit & Compliance is responsible for the development, management and evaluation of internal control systems in the Bank.
  • The Internal auditor develops and implements the annual internal audit program and ensures that the audit objectives are met.
  • The job holder provides reasonable assurance on the effectiveness and strength of internal controls.

Duties and Responsibilities

  • Develops an annual risk-based internal audit plan and oversee the implementation of the approved plan
  • Ensures methodical documentation of work plans, testing results, conclusions and recommendations and ensures follow up on findings and corrective actions.
  • Provide technical assistance with investigations, special audits, and provide subject-matter expertise as needed.
  • Remains current on audit regulatory oversight trends and develop a risk-based approach incorporated into the annual audit plan.
  • Performs regular bank-wide risk assessment to identify significant risks or exposure related to internal controls or compliance with regulatory requirements, efficiency of operations, and accuracy of financial reporting.
  • Provides feedback and recommendations on business risks and improving operational efficiencies and processes where appropriate.
  • Directs the work of external auditors to ensure the audit work remains within the prescribed guidelines.
  • Coordinates and assist with the preparation of Audit Committee materials and participate in audit committee meetings
  • Investigates and report to the Audit Committee on activities reported through the Hotline/Whistleblower processes and assist in investigations.
  • Initiates policy and process reviews including ensuring they are up to date with all legislations and best practices
  • Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions
  • Lead the setup of the enterprise risk assessment for the bank and developing a risk log
  • Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
  • Implements the anti-fraud campaign and assess compliance
  • Prepares monthly regulatory renditions and returns
  • Flexibility to carry out any other task as requested by Management

Qualifications

  • HND / BSc / in IT, Information Systems, Mathematics, Accounting, Banking and Finance or a related field
  • Evidence of completion/ exemption of/from NYSC
  • Evidence of completion of Microfinance Certification program.

Experience:

  • Minimum of five (5) years’ experience in Internal Audit in a Microfinance Bank, financial institution or an audit firm
  • Prior managerial experience in similar role or capacity
  • In-depth knowledge of Internal control framework for the Microfinance Industry

Skills:

  • Strategy planning and implementation
  • Organization and time management abilities
  • Leadership, team management and mentoring
  • Outstanding communication and people skills
  • Extensive knowledge of all regulatory policies and procedure
  • Proficient writing and delivery of presentations and documentation
  • Risk Management techniques
  • Proficient writing and delivery of presentations and documentation
  • Logical approach to identifying and evaluating issues and problem solving
  • Meticulous attention to detail and accuracy
  • Ability to multi task and meet tight deadlines
  • Ability to interact with senior management and stakeholders, including regulators
  • Proficient in the use of MS Office suit
  • Unquestioned personal integrity with strong ethics and values

Application Closing Date
9th June, 2021.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@personaltrustmfb.com using “Head, Internal Audit & Compliance” as the subject of the mail.

Note: If you do not get a response from the Recruiter after 4 weeks of this publication, please note that your application was not successful.

LEAVE A REPLY

Please enter your comment!
Please enter your name here