Internal Audit Officer – SIPML at 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.Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.We are recruiting to fill the position below:Job Title: Internal Audit Officer - SIPMLJob ID: 38776Location: Lagos Island, LagosJob Sector: BankingJob PurposeInternal Audit officer provides an independent, objective assurance and consulting activity designed to add value and improve organisation’s operationsInternal Audit officer helps the organisation accomplish its objectives by carrying out review of the existing controls and procedure in a systematic, discipline approach to evaluate and improve the effectiveness of risk management, control, and governance processesInternal Audit officer provides an independent, objective assurance and consulting activity designed to add value and improve organisation’s operationsInternal Audit officer helps the organisation accomplish its objectives by carrying out review of the existing controls and procedure in a systematic, discipline approach to evaluate and improve the effectiveness of risk management, control, and governance processesKey ResponsibilitiesReview Risk and Control Management over operations’ effectiveness and financial reliability:Identify loopholes and recommend risk aversion measures and cost savingsMaintain open communication with management and audit committeeDocument process and prepare audit findings memorandumDetermine internal audit scope and develop annual plansImplementation of audit planDrive prompt resolution of audit issues raisedCarry out risk assessmentImplementation of feedback from Board Audit Committee and any other relevant Board CommitteeManagement of external auditor activities.Drive compliance with Tax regulationsManage third party contractors including forensic accounting and auditing firms.Year on year improvement in external survey rating reportsMonitor continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards:Act as an objective source of independent advice to ensure validity, legality and goal achievementEnsure increased level of corporate and regulatory compliance.Report to Head Internal Audit: Maintain open communication with Head Internal AuditObtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etcConduct follow up audits to monitor management’s interventionsManage all Investigations as directed by Senior Management:Ensure that the company’s core values are adhered.Adhere to acceptable business culture and reputationDelivers on all business strategies.Carries out proper engagements for fact findingCreates awareness on risks and conductsProvide value add recommendationsInternal & External RelationshipsWealth Business and EXCOs - Heads of Departments and BUs:Description or examples: Maintain close contact with all internal stakeholders within the Wealth sectors and GIAGroup - BU heads in Stanbic IBTC and GIA:Description or examples: Approval and contribution to PoliciesRole type of external contact: Regulator:Nature of relationship: Manage the relationshipDescription or examples: Contributes to industry initiatives like trainingRole type of external contact: Customers:Nature of relationship: Manage the relationshipDescription or examples: Gets customers for the business and assists in managing some and difficult situations

Apply at https://ngcareers.com/job/2019-04/internal-audit-officer-sipml-at-stanbic-ibtc-bank-859/