Head Internal Control EZM ICD 998

Job Description

Job Description

JOB CONTEXT

This position will manage internal controllers within the Affiliate. The holder should have the proven ability to translate internal control requirements into practical business applications and solutions with compliment growth and strategic initiatives.

This role will direct and support the business and act as a subject matter expert for control matters.

Supervises staff of Affiliate internal control.

No financial budgetary control directly.

KEY RESPONSIBILITIES

Implementation of control strategies/policies within the Affiliate

Devise strategies to ensure continued improved internal control environment within the affiliate

Devise strategies to keep operational losses within the Affiliate at the barest minimum

Monitor/review/analyse to ensure compliance with Group policies/procedures/regulations across the Group and make appropriate recommendations

Guide the activities of the Affiliate Internal Control to ensure the achievement of their objectives

Develop the activities planning of the Affiliate Internal Control and ensure its achievement (affiliates on site and off site reviews etc.)

Perform periodic Risk Assessments within the Affiliate

Review of products within the Affiliate before deployment and provide necessary comments/recommendations thereon

Relationship with business and functional heads through presentations, executive reports

Ensure a permanent follow up of the risk areas within the Affiliate to strengthen the procedures and the control environment Group wide

Ensure implementation of corrective actions for risk areas identified within the Affiliate

Alert Management on Areas of Major/persistent control infractions/breaches

Advise Management on areas requiring control improvements

Provide control couselling, advisory and decision support service to various units of the Bank

Prepare Internal Control dash board for Management

Prepare and present quarterly Internal Control report to the Affiliate Board Audit and Compliance Committee

Responsible for the recruitment, development and retention of highly qualified Professional staff for Affiliate Internal Control Department

Provides coaching, training and a broad range of assignments of staff members to ensure their career development

Evaluates internal control staff performance and recommends salary increases and promotions and disciplinary action when approporiate.

JOB PROFILE

Experience & Qualifications

Minimum of 10 years work experience in a financial institution/audit firm

Experience in control or audit functions, operations, risk management

Outstanding project management skills ability to focus on multiple projects and time sensitive initiatives

An approach that engages business partners, drives strong business control foundations and minimizes reputation and franchise risk

In depth knowledge of control reviews and control design

Degree in a related field (Accountancy, Finance, Business, Economics, Banking, Information Technology etc) and/or a relevant professional qualification

Skills, Capabilities & Personal attributes

Exceptional interpersonal, management and organizational skills

Strong abilities to work in a leadership role, ability to influence peers

Demonstrated commitment to team leadership and employee development

Strategic thinking with the matched ability to deliver program improvements

Comprehensive written and oral communication skills with senior audience experience