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Friday 8 August 2014

Vacancy At Stanbic IBTC Bank... Positions - Head, Internal Audit at Stanbic IBTC Bank Nig Plc

Employer: Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Vacancy - Head, Internal Audit at Stanbic IBTC Bank Nig Plc
Stanbic IBTC Bank is recruiting for the vacant position of:

Job Title: Head, Internal Audit
Job ID: 12680
Location: Nigeria


The Head of Audit, Nigeria, assisted by internal audit staff, also has the responsibility for:
► Developing a flexible annual audit plan in accordance with Group Internal Audit standards and methodology and by applying an appropriate risk-based methodology.
► The plan should consider any risks, control or governance concerns identified by the Board Audit Committee and management. The Board and Group Audit Committee will review and approve the plan and any periodic updates;
► Implementing the annual audit plan, as approved by the Board Audit Committee, including any appropriate tasks or projects requested by management and the Audit Committee;
► Maintaining a professional audit staff with sufficient knowledge, skills, experience and professional certifications to meet the requirements of this mandate;
► Evaluating and assessing significant merging/consolidating functions within the bank together with new or changing services, operations and control processes.


Executive Officer administratively.
► Consult the Regional Audit Manager/Group Internal Audit, Johannesburg S.A. to get ad hoc assignments and to obtain feedback on work done.
► Liaise with Audit managers to assess inherent risk and to obtain feedback on work carried out.
► Maintain close communication with Audit Managers to provide guidance and enhance team spirit.
► Communication with the Board Audit Committee/Regional Audit Manager/Group Internal Audit on progress with regard execution and reporting on the annual audit plan.

External relationships
► Maintain close relationship with External Auditors during statutory audits.
► Liaise with Central Bank Examiners in the course of audits carried out by the Regulators.

Required Skills and Qualifications
Job Qualifications
Possession of first degree or a professional qualification such as CIS, CIMA, ACCA, CA ACA, ACIB, MNIM etc.

Experience ExperienceAt least 15 years banking experience of which at least 5 years must have been at Senior Management level and part of which must have been in the Internal Audit department.
► Required Competencies
► Technical competencies

Knowledge
► Detailed knowledge of banking systems and procedures, and modern internal auditing practices.

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.

Personal competencies

► Ability to communicate at all levels, both orally and in writing.
► Analytical, conceptual and negotiating skills.
► Proven leadership skills.

How To Apply
Interested candidates should
Application Deadline Date
20th August, 2014.
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