Our client is one of the top three Nigerian leading banks. Due to massive expansion, there exist different vacancies in the audit unit of the bank.

Job Location: Lagos State

(1)

Job title               Internal Auditor

Reports to           Audit Manager/Lead Auditor

Job description:

Job purpose                      

• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.


• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities      

• Having strong understanding of bank operations.


• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.


• Applying in-depth level of expertise in branch banking operations including: ATM/Vault management, Credit, blank forms handling, physical security, etc.


• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.


• Delivering timely high quality audit reports


• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.


• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.


• Reporting monthly and quarterly and annual audit results; issues validation;


• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures       

• Meeting quarterly audit plan targets.


• Submission of monthly, quarterly and annual reports to GIA and senior management.


• Budgetary expenditure variances to be positive.


• Level of legitimate complaints from customers and team to be nil or minimum.


• Positive feedback from Head, Internal Audit


• Positive feedback from Internal Auditors.

Competencies required:

Qualifications  

• Must possess a first degree.


• A professional qualification such as CIA, CISA, CIMA, ACCA, ACA, COBIT or similar is a plus.

Experience        

• At least 3 years of experience in banking operations or financial services audit function.

Personal competencies:

Problem Solving

• Decide on which business areas to include in the annual plan, based on the global risk assessments and Audit Universe.

Planning

• Decide on the composition of audit teams, gravity of cases to be investigated and time to be allocated thereto.

Decision making                                                                                        

• Interpret audit findings and decide on suitability of recommendations made and overall rating awarded.

Application

Forward all applications to ‘mgtpositions@stresert.com’ using ‘INTERNAL AUDITOR- BANK’ as subject of application. Application closes 13^th February, 2015.

(2)

Job title                                Lead Auditor, Business Support & IT

Reports to           Audit Manager, Wealth

Job description:

Job purpose      

• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.


• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities      

• Having strong understanding of the business.


• Developing and executing a robust Audit Plan by business entity, in accordance with internal policies, government regulations and Internal Audit professional practice standards.


• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.


• Managing audit activities for a product line, process/function or legal entity.


• Applying in-depth level of expertise in several of the Bank’s functions including: Internal Financial Control (IFC), Credit, Procurement, Compliance, Information Technology, etc.


• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.


• Delivering timely high quality audit reports; all reports emanating from the department should be checked for correctness.


• Managing a small to medium sized team of audit professionals; recruiting staff; developing talent; building effective teams and leading their professional development.


• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.


• Maintaining mutually beneficial relationships with business line management, external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.


• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.


• Monitoring staff performance standards for purposes of motivation, disciplining, counseling and rewarding.


• Reporting monthly and quarterly and annual audit results; issues validation;


• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures       

• Meeting quarterly audit plan targets.


• Submission of monthly, quarterly and annual reports to GIA and senior management.


• Budgetary expenditure variances to be positive.


• Level of legitimate complaints from customers and team to be nil or minimum.


• Positive feedback from Head, Internal Audit.


• Positive feedback from Internal Auditors.

Competencies required:

Qualifications  

• Possess of a first degree; a professional qualification such as CIA, CISA, CIMA, ACCA, ACA, COBIT or similar.

Experience        

• At least 6 years of experience in audit including IT audit experience.

Personal competencies:

Problem Solving

• Decide on which business areas to include in the annual plan, based on the global risk assessments and Audit Universe.

Planning

• Decide on the composition of audit teams, gravity of cases to be investigated and time to be allocated thereto.

Decision making

• Interpret audit findings and decide on suitability of recommendations made and overall rating awarded.

Application

• Forward all applications to ‘mgtpositions@stresert.com’ using ‘LEAD AUDITOR- BUSINESS SUPPORT & IT’ as subject of application. Application closes 13^th February, 2015.

(3)

Job title                                Lead Auditor, Wealth

Reports to           Audit Manager, Wealth

Job description:

Job purpose

• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.


• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities      

• Having strong understanding of the business.


• Developing and executing a robust Audit Plan by business entity, in accordance with internal policies, government regulations and Internal Audit professional practice standards.


• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.


• Managing audit activities for a product line, process/function or legal entity.


• Applying in-depth level of expertise in several of the Bank’s functions including: Internal Financial Control (IFC), Credit, Procurement, Compliance, Information Technology, etc.


• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.


• Delivering timely high quality audit reports; all reports emanating from the department should be checked for correctness.


• Managing a small to medium sized team of audit professionals; recruiting staff; developing talent; building effective teams and leading their professional development.


• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.


• Maintaining mutually beneficial relationships with business line management, external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.


• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.


• Monitoring staff performance standards for purposes of motivation, disciplining, counseling and rewarding.


• Reporting monthly and quarterly and annual audit results; issues validation;


• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures       

• Meeting quarterly audit plan targets.


• Submission of monthly, quarterly and annual reports to GIA and senior management.


• Budgetary expenditure variances to be positive.


• Level of legitimate complaints from customers and team to be nil or minimum.


• Positive feedback from Head, Internal Audit.


• Positive feedback from Internal Auditors.

 Competencies required:

Qualifications

• Possess of a first degree; a professional qualification such as CIA, CISA, CIMA, ACCA, ACA, COBIT or similar.

Experience

• At least 6 years of experience in audit including pension, asset management, and other relevant wealth management audit experience.

Personal competencies:

Problem Solving

• Decide on which business areas to include in the annual plan, based on the global risk assessments and Audit Universe.

Planning

• Decide on the composition of audit teams, gravity of cases to be investigated and time to be allocated thereto.

Decision making

• Interpret audit findings and decide on suitability of recommendations made and overall rating awarded.

Application

• Forward all applications to ‘mgtpositions@stresert.com’ using ‘LEAD AUDITOR- WEALTH’ as subject of application. Application closes 13^th February, 2015.

(4)

Job title                Head, PBB/Business Support Audit

Reports to           Head, Internal Audit

Job description:

Job purpose      

• To ensure that the internal audit function of the Bank provides quality services that complies with internal auditing standards and management expectations.


• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities      

• Understanding the business processes.


• Assigning audit resources to each audit and ensuring that it is completed within agreed times.


• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties. All reports emanating from the department should be checked for correctness.


• Maintaining constant communication with head of Internal Audit and ensuring that his expectations are met.


• Maintaining mutually beneficial relationships with external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.


• Maintaining the use of best practices by researching and adopting new audit techniques where relevant, identifying skills deficiencies and recommending appropriate training programs.


• Monitoring staff performance standards for purposes of motivation, discipline, counseling and rewarding.


• Ensuring that close communication is maintained with Internal Audit team to provide guidance and enhance team spirit.


• The ongoing identification of risks and possible mitigants.


• Carrying out ad hoc assignments as instructed by Head, Internal Audit.


• Timely issuance of final reports on completed audits.

Key performance measures

• Satisfactory completion of annual plan within agreed timelines. Quarterly targets to be met.


• Submission of monthly, quarterly and annual reports to GIA and senior management.


• Budgetary expenditure variances to be positive.


• Level of legitimate complaints from customers and team to be nil or minimum.


• Positive feedback from Head, Internal Audit.


• Positive feedback from Internal Auditors.           

Competencies required:

Qualifications  

• BSc/BA. Related certifications (CIA, CISA, CIMA, ACCA, ACA, ACIB, CFA or similar) are a plus.

Experience        

• Senior level experience in a related role with experience in business, functional and people management, with proven abilities in taking responsibility for executing concurrently on a portfolio of high quality deliverables to stakeholders according to strict timetables.


• In-depth understanding of the inter-relationships of business and support units throughout the bank and how they impact the overall control environment and the audit approach.


• Over 10 years financial services/retail banking experience with a minimum of 8 years in a related role.


• Comprehensive knowledge of audit and risk assessment methodologies.


• Recognized as a leadership role model exhibiting initiative and intuitive thinking.

Personal competencies:

• Exceptional candidates who do not meet these criteria may be considered for the role


• provided they have the necessary skills and experience

Application

• Forward all applications to ‘mgtpositions@stresert.com’ using ‘HEAD –BUSINESS SUPPORT AUDIT’ as subject of application. Application closes 13^th February, 2015.