Head of Audit and Control

About the role

The Head of Audit and Control will lead the internal audit function for a banking institution, ensuring robust risk management, compliance, and governance across all operations. Reporting to the Board Audit Committee, you will shape audit strategy, drive investigations, and foster a culture of continuous improvement.

Key responsibilities

• Develop and implement a risk‑based annual audit plan approved by the Board Audit Committee.
• Conduct operational, financial, compliance, IT, and branch audits in line with professional standards.
• Evaluate internal control systems, governance framework, and risk management processes.
• Review activities for compliance with CBN regulations, NDIC guidelines, internal policies, and statutory requirements.
• Identify control weaknesses, fraud risks, and inefficiencies, recommending corrective actions.
• Lead special investigations into suspected fraud, financial irregularities, and regulatory breaches.
• Monitor implementation of audit recommendations and report status to senior management and the Board.
• Prepare and present clear audit reports highlighting findings and improvement recommendations.
• Liaise with external auditors, regulators, and other stakeholders during statutory audits.
• Review new products and initiatives to ensure appropriate controls before launch.
• Promote a strong compliance culture through advisory support and training.
• Supervise, mentor, and develop the internal audit team.

Required profile

• Bachelor's degree in Accounting, Banking & Finance, Economics, Business Administration or related field.
• Mandatory MCIB certification.
• Minimum 5 years post‑qualification experience, with at least 4 years in financial services.
• At least 2 years in a management or supervisory role.

Required skills