First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Title: Team Lead, Strategic Resource Functions Audit

Job Identification: 1353
Location: Lagos
Employment Type: Full Time

Job Objective(s)

• To provide assurance to Management and the Board of FBNL through the Group Chief Audit Executive on the effectiveness and efficiency of risk management, control and governance processes by ensuring that risks are properly identified, measured, monitored and reported within the organization’s risk appetite.
• To minimise operational losses and ensure compliance with policies, procedures, service standards and regulatory stipulations.

Duties & Responsibilities

• Manages the risk-based internal audit review of Strategic Resources Functions and ensures compliance with approved plans.
• Supports in executing effective risk assessment of the various businesses and provides input into the annual/quarterly audit plan for Board approval.
• Provides first line support for the Unit Head, SRF Audit to conduct a risk based audit that ensures focus on strategic areas of the Business.
• Assists to develop a systematic and disciplined approach for the Unit’s internal audit performance standards by evolving process improvement frameworks.
• Supervises Team Members on Audit assignments and provide first level quality assurance review of team output and ensure knowledge sharing and on the job coaching of team members
• Continually assesses, evaluates, and reports to the Unit Head, SRF Audit on emerging issues, industry trends and events affecting the Bank to enable the development of pro-active controls and monitoring mechanism.
• Coordinates and provides leadership, guidance and support to the team in achieving the engagement timelines and budget.
• Develops and communicates Draft Audit Terms of Reference to Auditees’ Management and participate in formal audit meetings (including kick off and close out) with clear timelines.
• Examines and evaluates the adequacy and effectiveness of the system of internal controls, Operational risk, Governance and Regulatory compliance in the Bank’s Strategic Resource Functions
• Monitors departments’ Profit & Loss account heads; Review of general ledger balances; review of processes, policies and procedures, conducts special Investigation and report breaches.
• Reviews the reliability and integrity of financial and operating information and evaluates techniques used to identify measure, classify and report such information.
• Reviews team members’ process documentations, walkthrough documentations, Test procedures work papers and implements quality assurance and improvement programs.
• Coordinates the preparation of audit work plan, issue summary log and draft audit report.
• Engages Heads of Departments and Unit Heads to ensure efficiency and effectiveness of audit sessions and follow-up
• Represents the Internal Audit Department/Head SRF on special projects
• Engages Management of Bank and act as liaison between audit department and auditee to ensure effective flow of communication.
• Complies with the principles and policies in the Information Security Handbook

Requirements

• Education Minimum Education: First Degree / HND in any discipline plus Professional certification, ACA, ACIB etc.; Higher Degree (nice to have).
• Experience Minimum experience – 10 years in Audit, Internal Control, Banking Operations and Credit.

Key Competency Requirements:
Functional Competencies:

• Audit reporting & plan
• Audit Strategy & Operations
• Collaboration & Execution
• Compliance Audit
• Data collection & analysis tools and techniques
• Financial Accounting Knowledge
• International Auditing Technique & Standard
• Operational Risk analysis & Auditing
• Regulatory Knowledge & Understanding of CBN guidelines
• Risk Management & Investigation/Fraud Management
• Total Quality Management
• Business and Finance Acumen
• Governance, Risk and Controls Tools and Techniques

Bank-wide/Competencies:

• Achieving result
• Business Judgement
• Customer Centricity
• Digital Savvy
• Disruption mindset
• Entrepreneurship
• Innovation
• Inspirational Leadership & influence.

Application Closing Date
22nd April, 2025 (10:00 AM).