MANAGER, INTERNAL CONTROL AT FIRST ALLY CAPITAL LIMITED

About Company:

First Ally Capital is a wholly indigenous Financial Services firm, whose focus is on providing top notch advisory & investment services to individuals and organizations. First Ally Capital was incorporated on May 20, 2014 as an Issuing House, Financial Advisory and Investment Management firm, with authorized capital of N2.5 billion, and an issued and fully-paid capital of N1.65 billion. The firm was licensed by the Securities and Exchange Commission on November 20, 2014 as Issuing House and Underwriters.

The Firm commenced operations at a very significant point in the evolution of the Nigerian financial services industry and will leverage it’s solid capital base, the strong financial services background of its promoters and the excellent track-record and credentials of its directors and shareholders.

We are recruiting to fill the position below:

Job Description:

• The Head of Internal Control is responsible for the development and implementation of the Internal Control framework of the Bank.
• The job holder will develop policies and procedures and monitor compliance in line with external regulations..

Duties and Responsibilities

• Developing, reviewing, and implementing compliance policies, programs, and procedures
• Using problem solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions
• Developing and executing internal audit activities, consult with management on strategic plans and other business matters, and anticipate emerging risks
• Participating in decision making with senior engagement management, provide 
• meaningful insights, and seek to understand the broader impact of current decisions
• Documenting and testing business process and IT controls that support key financial operations 
• Evaluating control deficiencies, and monitoring remediation actions, timelines, and progress
• Maintaining current knowledge of laws, regulations, procedures, and policies governing the Bank
• Lead the setup of the enterprise risk assessment for the bank and developing a risk log
• Take responsibility for the Bank’s annual control work program using the internal control framework within the Bank
•  Ensure appropriate level of communication is maintained on Internal Control matters to support the framework and ensure appropriate ownership and accountabilities from management and managers. 
• Develop adequate training material on the internal control objectives, approach and methodology.
• Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits. 
• Prepares monthly exception reports and presents to the Managing Director
• Ensures capital & revenue expenditure complies with policies and approval limits
•  Ensure compliance of loans disbursement to credit policies
• Implements the anti-fraud campaign and assess compliance
•  Prepares monthly regulatory renditions and returns
• Flexibility to carry out any other task as requested by Management

Requirements:

• HND/BSc/ in IT, Information systems, Mathematics, Accounting, Banking and finance or a related field
•  Evidence of completion/ exemption of/from NYSC
• Evidence of completion of Microfinance Certification program.

Experience:

• Minimum of five (5) years’ experience in Internal Control/Audit in a financial institution or an audit firm
• Prior managerial experience in similar role or capacity
• In-depth knowledge of Internal control framework for the Microfinance Industry

Skills:

• Strategy planning and implementation
• Organization and time management abilities
• Leadership, team management and mentoring
• Metrics-driven mindset
• Problem solving skills
• Outstanding communication and people skills
• Extensive knowledge of all regulatory policies and procedure
• Risk Management techniques
• Meticulous attention to detail and accuracy 
• Ability to multi task and meet tight deadlines
• Proficient in the use of MS Office suit 
• Ability to interact with senior management and multiple stakeholders, including regulators.
• Strong communication, negotiation and presentation skills.
• Proficient writing and delivery of presentations and documentation.
• Ability to elicit cooperation from people.

Salary

Application Closing Date: Not specified

Application Instructions:

CLICK ON THE LINK BELOW TO APPLY