Head, Internal Audit (IA) at Development Finance Institution (DFI) – Federal Government of Nigeria

The Federal Government of Nigeria is setting up a Development Finance Institution (DFI) with the objective to increase the availability and access to finance for micro, small and medium enterprises through eligible finance intermediaries.It will be a wholesale development finance institution that will provide long term financing and partial credit guarantees to eligible financial intermediaries for on-lending to micro-, small, and medium enterprises (MSMEs). It will thrive on a culture of innovation to encourage and promote the growth of MSME in Nigeria by providing financial facilities to participating financial institutions to on-lend to MSMEs.Job DescriptionThe Head, Internal Audit when appointed will be required to perform the following tasks/responsibilities among others;Scope of WorkOverall Function of the Position:Responsible for ensuring compliance with policies, procedures and standards with a view to promoting accountability, discipline and transparency in business operations across the Institution.Specific Duties of the PositionDevelop and coordinate implementation of strategies for ensuring compliance with established policies and control proceduresFormulate audit programs and schedules, including budget and staffing requirements to ensure the achievement of goals, strategies and objectives and to safeguard the Institution’s assetsOversee the conduct of all audits, investigations and other special reviews and prepare reports on findings and recommendations to the management and BoardIn particular, evaluate existing and potential business risks including operational, credit, people, financial, safety risks and recommend appropriate measures to mitigate impact on the Institution’s operationsProvide technical advice to the CEO and heads of departments/units on compliance imperatives and control requirements within areas of operationsMonitor to ensure that all functions comply with established risk management guidelines and control by specifying the escalation procedures to be followed in the management of any risk across the Institution.Review various audit reports and performs daily callback of system, specification or security changes

Apply at https://ngcareers.com/job/2016-08/head-internal-audit-ia-at-development-finance-institution-dfi-federal-government-of-nigeria-125/