JOB TITLE: Team Lead, Control Standards & Monitoring
JOB LOCATION: Lagos
Job Schedule: Full time
JOB DETAILS:
- Coordinates and supervises activities of control standards and monitoring officers
- Support the development and maintenance of internal control framework, policies, and procedures
- Assist in the implementation of the Internal Control Framework and Fraud Risk Management Framework in the bank
- Preparation and review of annual internal control strategy and plan.
- Support the bankwide COSO adoption exercise led by Head, Control Techniques & Standards and follow up with all stakeholder departments to ensure their compliance
- Coordinates the reviews and updates of test plans in control review template to ensure changes made to head Office/branch processes and controls are reflected in the current procedure.
- Review the Risk Rating of branches, Head Office, and Subsidiaries to determine frequency of reviews and areas of focus for Control Officers
- Facilitates stakeholder engagements for process control changes and enhancements for implementation
- Maintains uniform standard on control documentations across branches and Head Office departments.
- Support the Head Control Techniques & Standards in change management efforts for control enhancements
- Develop communication materials in respect of process changes and control enhancement for internal and external stakeholders
- Periodic SOP review and update activities to ensure documentation of all controls in the bank’s systems, processes, and products
- Reviews exceptions noted per branch/cluster/regions/departments to determine effectiveness of controls and need for control enhancements.
- Periodically engage Control Managers to determine specific issues faced during control reviews for insight and process improvement.
- Identify root cause of control breaches with a view to recommending permanent solution that will forestall re-occurrence.
- Arrange and facilitate stakeholder’s engagement to determine effective resolution for issues identified.
- Monitor remediation phases of control gaps to ensure resolution within agreed timelines.
- Supervise walkthrough of remediated processes (post remediation).
- Review of implemented controls and ensure prompt update of the standard operating procedure.
- Develop and review control review templates for departments assigned by Head Control Techniques & Standards
- Coordinate the conduct of control awareness programmes for Control Officers to ensure standardization of control and monitoring activities and reduce knowledge gap among control officers in different teams
- Coordinate the conduct of control awareness programmes for all bank and subsidiaries’ staff and processors to improve control consciousness
- Review e-flyers contents for control training and awareness on topical issues and engage M&CC department for design and deployment bankwide
- Supervise quality assurance review of control officers’ uploads from review visitations and validate quality and timeliness scores
- Support Head, Control Techniques & Standards in reviewing product papers and recommending for approval after ensuring adequate control are instituted in the bank and subsidiaries’ various products and processes
- Assist Head, Control Techniques & Standards in periodic risk rating of branches, Head Office departments, strategic resource functions and the bank’s processes to ensure adequacy of control reviews, visitation, and resource allocation.
- Draft communication to stakeholders affected by internal control changes and obtain approval to disseminate
- Supervise quality assurance review, collation and reporting of Control Compliance Rating Scores, Operational Risk Rating and other scorecard inputs and obtain Head, Control Techniques & Standards’ approval before submission to BPM.
- Determine timeliness and quality of control officers’ report in line with methodology approved by Head, Control Techniques & Standards
- Provide the relevant data and support for Head Control Techniques & Standards in the risk-based assignment of control officers to oversight areas
- As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook
- Support in driving ICEG project implementation and coordinate and track projects of other units.
Challenges:
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- Coping with rapidly expanding branch network and product mix in an ever changing banking landscape.
- Dynamic and unpredictable risk environment
- Dealing with rapidly changing technological challenges and constraints.
Job Requirements
Education:
- Minimum Education: B.Sc / HND in any relevant discipline (Accounting, Economics and any other related field)
- ICAN / ACCA / CISA qualification will be an added advantage
Experience:
- Minimum experience – Ten years relevant working experience.
Apply Now
Deadline: September 7, 2022
Job Features
Job Category | Monitoring & Evaluation |