Keystone Bank is a full service commercial bank wholly owned by the Asset Management Corporation of Nigeria (AMCON) and was granted banking license on August 5, 2011, by the Central Bank of Nigeria (CBN). The Bank has met and exceeded all capital and capital adequacy requirements of the CBN and assumed the deposit liabilities, certain other liabilities and assets of former Bank PHB Plc, following the revocation of the erstwhile bank's operating License by the CBN.
Keystone Bank is seeking to recruit qualified candidate into the vacant position of :
Job Tittle: Team Member - Value Audit & Audit Strategy
Job Description
To carry out value for money audit with a view to ensure economy, efficiency and effectiveness of cost incurred by the bank
Reviewing bank’s policies and processes to safeguard bank’s position.
Duties And Responsibilities
- Carry out frequent review of bank’s policies and processes.
- Carry out frequent review of bank’s products’ papers with a view to safeguard bank’s position.
- Carry out frequent review of capital expenses (CAPEX) with a view to ensure VFM.
- Carry out frequent review of control environment in order to improve on weak ones.
- Carry out frequent review of human, physical, promotional and informational assets.
- Carry out frequent review of operating expenses (OPEX) with a view to ensure VFM.
- Carry out review of various regulatory requirements to determine the extent of compliance required from the bank
- Contribute towards fraud alert for publication
- Contribute towards update /enhancement of various audit programmes.
- Identify areas of cost inefficiency and ineffectivess in the operations of the bank.
- Maintain a well referenced working paper/ file for every review as mentioned above.
- Perform any other duties as assigned by the Group Head
- Prepare at the end of each review, sensitization memo on pervasive issues that negate the Value For Money (VFM) philosophy.
- Prepare reports and other major exceptions for the review and subsequent action of the GH/Chief Inspector.
- Prepare reports on any weakness identify on policies, processes and products’ papers and recommend appropriate improvement strategy
- Promptly escalate burning cost inefficiency and ineffectiveness issues discovered in the course of the review to the GH/Chief Inspector.
Key Performance Indicators
- Timeliness
- Presentation
- Quality of the report
- Communication skills
- Sufficiency and availability of audit working paper
- Extent of review of the gl income and expense heads to identify income leakages,extent of suspicious transactions tracking Number of and impact of errors and irregularities reported
- Policy enhancements initiatives
- Fraud detected
- Communication skills
- Policy enhancements initiatives
- Presentation
- Quality of the report
- Sufficiency and availability of audit working papers
Qualifications
- A good first degree from a reputable university (Preferably in Banking and Finance, Accounting, Economics or in other Social Science disciplines)
- A relevant post graduate qualification or higher degree (e.g. MBA, MSC) will be an added advantage
- Professional qualifications such as ACA, ACCA, ACIB, CFA, CISA is desirable
- Computer literacy
- Excellent analytical Skills
- Excellent written Communication skills
- Good Interpersonal skills
- Sound experience in the following key areas: Operations, Credit and controls
- Sound knowledge of the bank’s Operations, Credit and control manuals.
Mode of Application
Qualified and Interested candidates should:
Click here to Apply
Application Deadline: 1st August, 2013
