Infinity Trust Mortgage Bank Job in Abuja for an Internal Control Officer
Infinity Trust Mortgage Bank PLC (ITMB) was licensed in 2002 and started
business operations in 2003, precisely, 13 years ago. Its registered
trade mark - Infinity Homes is a reflection of the strong desire of the
Bank to create endless opportunities for shelter for every category of
Nigerians.
Infinity Trust Mortgage Bank is recruiting to fill the vacant position of:
Job Title: Internal Control Officer
Location: Abuja
Job Description
- Build a strong compliance environment to ensure zero level of policy, procedures and regulatory infractions.
- Ensure prompt and effective call over of branch transactions.
- Build strong awareness in branch staff on all policy and
procedures issues; zero tolerance for open GL Items, unreviewed
transactions and income leakages
Key Responsibilities
- Call over of Transactions as per the approved threshold.
- Carrying out spot checks and review of activities in the
branches under coverage, cash count and vault administration, funds
transfer, ensuring adherence to policies and procedures
- Review of system exception message report.
- Review of GL/P&L Movement Report.
- Conduct Seriality checks /test on Managers Cheque/Bank draft in the branches under coverage.
- Review of Suspense/Transit/Proxy Accounts.
- Review of expense and cash advances and ensure conformity with laid-down policies.
- Carrying out security sweep at least once in a month.
- Ensure complete and accurate recognition of all fees and charges on every relevant account.
- Review of Fixed Asset Register
- Review KYC compliance.
Key Performance Measures
- Control Adequacy rating from Internal Audit.
- Effectiveness at follow up to ensure that Internal Audit recommendations are implemented
- Quantum of undetected regulatory/statutory infractions from External Auditor and Regulators reports.
- Quality and Timeliness of losses and loss events reporting in processing areas
- Undetected Income leakage/P&L reversal arising from undetected processing errors
- Promptness and effectiveness of call over of transactions.
- Integrity of the GL accounts in the Business offices of the region.
- Promptness, Accuracy and Validity of Exception Reporting/Rendition of all Control Activity Reports
Qualifications
- A first Degree or its equivalent in Accounting or Audit.
- Professional qualification in Accountancy or Audit would be an added advantage.
Experience:
- Work experience of between 2 and 4 years in banking operations
Required Competencies
Internal relationships:
- The need to maintain a wide network with key stakeholders in the Bank. service.
Technical Competencies:
- Report writing/Investigation skill
- Banking operations experience
- Interpretation of ML (P) Act 2004 & CBN KYC Manual 2003.
Personal Competencies:
- Excellent interpersonal skills
- Attention to details
How to Apply
Interested and qualified candidates should send their Application letters and Curriculum Vitaes to:
[email protected]