Head – Internal Control and Compliance needed at Mecer Consulting Limited

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Job title : Head – Internal Control and Compliance

Job Location : Abuja

Deadline : August 10, 2024

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Job Code: HICC/01/IFT

Responsibilities

  • Design, implement, and monitor a comprehensive internal control system.
  • Establish policies and procedures to ensure compliance with regulatory requirements and internal policies.
  • Ensure the bank adheres to all applicable laws, regulations, and standards.
  • Monitor changes in regulatory requirements and update compliance programs accordingly.
  • Coordinate with regulatory bodies and manage inspections and audit
  • Identify and assess financial, operational, and compliance risks.
  • Develop strategies to mitigate identified risks.
  • Ensure the effectiveness of risk management procedures and frameworks.
  • Oversee internal audits and ensure findings are addressed and corrective actions are implemented.
  • Report to senior management and the board of directors on the effectiveness of the internal control system and compliance status.
  • Ensure timely and accurate reporting of compliance-related issues.
  • Conduct training programs for employees to enhance their understanding of compliance and internal control issues.
  • Foster a culture of compliance within the organization.
  • Implement and manage systems to detect and prevent fraud.
  • Investigate any suspected fraudulent activities and take appropriate action.
  • Coordinate with other departments to ensure integrated and cohesive compliance efforts.
  • Serve as the primary point of contact for all compliance-related matters.

Professional Qualifications and Experience

  • Bachelor’s Degree in Finance, Accounting, Business Administration, Law, or a related field.
  • At least 10 years experience in internal audit, compliance, risk management, or related fields within the banking or financial services industry.
  • Master’s degree or MBA is added advantage.
  • Professional Certifications is a must
  • In-depth knowledge of banking regulations and compliance standards.
  • Strong understanding of risk management principles and practices.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication and interpersonal skills.
  • Proven track record of implementing and managing internal control systems and compliance programs.
  • Experience with regulatory inspections and interfacing with regulatory bodies.
  • Thorough understanding of local and international banking regulations

How to Apply for this Offer

Interested and qualified candidates should send their updated Resumes and credentials in a zipped folder to: [email protected] using the job code e.g “HICC/01/IFT” as the subject of the mail.

  • Accounting / Financial Services jobs