Microfinance Bank Recruits Head of Internal Audit & Risk

A Strong Microfinance Bank in Lagos with a vision to the choice Microfinance Bank in Nigeria is currently strengthening its Management with the aim of maintaining Best Practice whilst also responding to the growing Business needs to support internal and external Customer Service delivery objectives and increase shareholder value. To this end, the following challenging positions have arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply

The Position

Reporting dually to the Managing Director and the Board Audit and Risk Committee, the Job Holder will offer operational compliance and risk oversight to the bank and build an integrated risk management framework to identify, evaluate, manage, measure and monitor enterprise-wide risk management

Key Responsibilities

Provide independent appraisal function within the Financial Institution which reviews accounting, financial and service operations as a service to management and reports to the Board of Directors. This position will also develop Risk Policies & Procedures for the bank.

The specific role will be:

Manage operations of audit department to ensure achievement of set objectives and goals
Reviewing and advising the management on reliability, adequacy, effectiveness and efficiency of internal controls
Oversee and ensure preparation of timely Audit reports to the Board audit committee and provide progress reports regarding action taken by management
Ensure that enterprise-wide risk management policies, controls and procedures, are developed, implemented, disseminated and complied with across the bank
Ensuring Audit and BCM compliance of the businesses units within the bank in a timely manner in line with statutory regulations and internal policies and procedures
Identify, measure, monitor and manage credit risks

The Person

For the above position, the successful applicant should have:

A master’s degree in Finance and Accounting, or similar qualifications with at least 5 years of Senior management experience in a bank or retail financial institution or a first degree (BSc/HND) from a recognised institution in, accounting, finance or similar qualifications with at least 7 years experience in a bank or retail financial institution
Professional membership of ICAN (ACA) or ACCA is a MUST
6 years experience in Audit
Experience in banking operations, or in a compliance environment with an appreciation of risk management processes and environment. Knowledge of bank-wide business functions including Operations, Credit (Evaluation and Administration), etc as well as knowledge of Microfinance products and services

The above position is demanding role which the bank will provide a competitive package for the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application electronically with a detailed CV, stating your current position, remuneration level, email and telephone contacts to recruitment4mfb@yahoo.com

To be considered your application must be received by 20th January 2012.

Only shortlisted candidates will be contacted.