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Head of Internal Audit

Infrastructure Bank Plc

Abuja, Nigeria Permanent

Published 1 month ago · Expires 3 weeks from now

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Job description

An established company is recruiting for the following position. - The Head of Internal Audit will be responsible for leading and managing TIB’s internal audit function, ensuring the effectiveness of internal controls, risk management, and governance processes. - The role will provide independent and objective assurance to the Board of Directors and executive leadership on the adequacy and effectiveness of the bank’s internal controls, risk management, and compliance with regulatory requirements. - The ideal candidate will have extensive experience in internal audit, risk management, and compliance within the banking or financial services sector. - Internal Audit Strategy & Planning - Risk Assessment & Control Evaluation - Audit Execution & Reporting - Compliance & Regulatory Oversight KEY COMPETENCIES - Fraud Prevention & Investigation - Stakeholder Engagement & Team Leadership - Develop and implement the Bank’s internal audit strategy and annual audit plan. - Conduct risk assessments and evaluate the effectiveness of internal controls, risk management, and governance processes. - Lead and manage audit execution, including planning, fieldwork, and reporting to the Board and executive leadership. - Ensure compliance with regulatory requirements and internal policies, including CBN and other authorities. - Develop and implement fraud prevention and investigation strategies. - Collaborate with departments, external auditors, and regulators to strengthen governance and control environments. - Monitor and ensure timely implementation of audit recommendations. - Build, lead, and mentor a high-performing internal audit team, promoting a culture of accountability, integrity, and excellence. Required Qualifications: & EXPERIENCE - A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. - A Master’s degree is an advantage. - Professional certification (e.g., CIA, CPA, ACCA, CISA) is required. - Minimum of 12 years of experience in internal audit, risk management, or compliance, with at least 7 years in a senior leadership role within the banking or financial services sector. - Strong knowledge of internal audit standards, risk management frameworks, and regulatory requirements in Nigeria. - Experience in conducting risk-based audits, fraud investigations, and compliance reviews. - Demonstrated ability to lead and inspire teams in a dynamic and complex environment.

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