Group Head, Internal Control in a Leading Commercial Bank


A Leading Commercial Bank with National License is seeking suitably qualified candidates for the position below:

Position: Group Head, Internal Control

The successful candidate is expected to oversee the implementation of effective and efficient control techniques within the Bank that will ensure compliance with policies, procedures and regulatory demands.


Institute relevant processes of internal checks to ensure effective discharge of the control functions.

Ensure optimal deployment of the control resources and timely resolution of human and material resource gaps across the group.

Provide guidance and leadership to subordinates to ensure effective execution of the group’s activities through proper career planning, training and development programs.

Ensure proper documentation of existing Internal Controls and Policies.

Anchor the continuous review of all policies and procedure manuals to ensure that control measures effectively reject the bank’s approval and set standards as well as current realities.

Drive process improvement and optimization within the Internal Control space.

Create, maintain and ensure implementation of risk control matrices and internal control test plans.

Safeguard Assets and Liabilities (tangible and intangible) of the bank and also curb income leakages.

Institute and enforce aggressive Revenue Assurance and Cost Reduction Strategies for the Bank.

Ensure prompt detection and escalation of Control exceptions. Analyze reports and highlight trends and issues for management attention.

Assess, analyze and measure risk relating to operational standard and make recommendation for policy amendments/process improvement based on emerging control issues and risks.

Conduct first level investigation on frauds and forgeries including customers’ complaints and breach of policy and procedures with recommendations for Management action.

Maintain an efficient working relationship with EFCC, NDLEA, CBN, NDIC and other regulatory agencies.

Ensure that open items in the bank’s ledgers accounts are current and promptly resolved.

Preparation of cost budget for the Control offices and ensure compliance with the same.

Drive and provide adequate supervision of the Systems Control function of the bank.

Identify instances of over and under control and provide management with a clear articulation of residual risks where existing controls are inadequate.

Minimum Qualification & Experience

First degree or equivalent in Accounting, Finance or a related discipline with higher qualification in Finance, Management or Masters in Business Administration (MBA).

Good experience in Internal Control and Banking Operations is desirable.

A professional qualification is desirable (CISA, CFA, ICAN, ACCA)

Minimum of ten (10) years cognate experience in Financial Management/Accounting Function, 5 of which must be in a senior position within the Audit function.

How to Apply:

If you meet any of the above criteria and are interested in filling the vacancy, send your Curriculum Vitae (CV) to: on or before 1st May 2016.