Jobs at Keystone Bank for a Resident Internal Control Officer

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 recruiting for the position of :

Job Tittle: Resident Internal Control Officer (RICO)

Duties And Responsibilities

For the assigned clusters/units:

• Ensure Policy/Procedure/Regulatory Compliance on transactions or activities initiated by or to the assigned branches
• Provide Control and Compliance Counseling, Advisory and Decision Support Service to the business units (SBUs) and strategic resource functions (SRFs).
• Ensure prompt and qualitative rendition of relevant returns and reports as may be required by the Zonal Internal Controller/Regional Control Manager which will include among others:   Critical Control Issues Report, Adhoc Unusual Incidence Report, Report on proof review and other assets ageing and   provision in standard approved format etc
• Institute and enforce aggressive Revenue Assurance and Cost reduction Strategies/Tactics for branches/products under your   purview to ensure zero% income leakages
• Ensure prompt resolution of all open issues in the Internal Audit Report, Management letter, Regulatory Examiners Report and other Statutory Examiners Report involving branches under your purview.
• Ensure capturing of all KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on the file and on the system.
• Daily Independent Call Over of all qualifying Transactions within 24 hours of posting and where practicable online same day and as may be advised to you from time to time
• Daily Review of all System Generated Override Message/Exception Reports to ensure that appropriate approvals were obtained for it and that they are valid transactions
• Outward and Inward Clearing review
• Daily review of ATM cash reconciliation or any other related reviews to ensure any irregularities are discovered and escalated promptly. Sign off on any reversals regarding the ATM transactions done manually.
• Review and monitoring of all e-banking related product reconciliation
• Conduct Special Investigation as may be assigned from time to time
• Daily Reconciliation of CBN/Other bank Correspondence accounts (Our Accounts) where Applicable
• Daily Serial review for all Numbered forms (e.g MC, Deal slip, Draft, Form “M”,  Form “A”, to ensure completeness and proper posting/funding of all cheques issued
• Carry out other verifications as outlined in the Independent Verification Proof Chart of Internal Control for your office.
• Log in all exceptions observed unto the Control Exception Manager
• Conduct spot checks, stock taking and other functions as may be assigned from time to time.
• Any other job that may be assigned by the ZICM or RICM. 
• Create and improve homogenous Compliance Culture in the branch that aligns with the control and business objectives of the Bank
• Build strong KYC and KYC (B) compliance environment in the assigned business units
• Ensure integrity of the transactions and GL accounts in the branch through daily review of the branches GL balance reports and other relevant adhoc and standard reports
• Ensure that open items in the branch GL accounts are current and reflect the true nature of the products recorded therein. Any major deviation from the standard must be escalated following the appropriate escalation procedure

• Fraud and Operational Losses within the prescribed loss tolerance limit
• Quantum of undetected regulatory/statutory infractions from Internal Audit, External Audit, CBN, NDIC, NDLEA, EFCC and other regulatory reports for the cluster.
• Quantum of undetected internal policy and procedure infractions from  Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the cluster.
• Quantum of undetected major exceptions from  Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the cluster.
• Exceptions observed in peer review, control adequacy checks and other internal control   quality assurance checks administered on your cluster
• Gaps between the prescribed TAT and actual service delivery period.
• Level of implementation of Independent verification proof chart as it relates to your function
• Level of planned training for subordinates achieved
• Proficiency level on the bank general policies and procedures.
• Proficiency level on the bank core banking application Proficiency level on various office automation solution- excel, words, power points etc. 
• Quality and Timeliness of losses and loss events reporting in branches in the cluster
• Magnitude of potential loss figures on branches GL accounts in the cluster.
• Overall Internal Audit rating of Internal Control branches in your zone.
• Undetected Income leakage/P&L reversal arising from undetected processing errors in your cluster.
• Level and timing of usage of Control Exception Manager to records exceptions observed by branch controllers in your cluster
• Integrity of the GL accounts in branches in your cluster.
• Promptness, Accuracy and Validity of Exception Reporting//Rendition of all Control Activity Reports

• 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
• Attention to Details. 
• Comprehensive Treasury skills
• Fraud and Operational risk knowledge     
• Policy and Regulation interpretation and implementation.      
• Oral and written Communication Skills                                     
• Banking, Insurance, and financial services knowledge.
• Extensive Working Knowledge of Microsoft word, Excel and power point, Intranet Mailing facility and the core banking application of the bank.
• Performance Under Pressure
• Problem Solving
• Independent Minded.
• Interpersonal relationship
• Multi Disciplinary disposition
• Multi tasking disposition          
• Satisfactory Customer Service Disposition
• Analytical and Investigation Skills
• Auditing Skills
• Accounting Skills                       
• Banking Operations/Credit (Domestic and Foreign) Skills