• Application Deadline:
• Position: Team Lead, Process Audit



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 5 - 7 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Description

• To ensure the effectiveness and efficiency of all business processes within the Payment Service Bank (PSB). 


• This role will involve conducting independent assessments of key processes, identifying and evaluating risks, and recommending improvements to enhance operational controls, mitigate risks, and ensure compliance with relevant regulations and industry’s best practices.

Responsibilities

• Develop and implement annual audit plans for process audits, aligned with the overall audit strategy and risk assessment. 


• Conduct independent audits of key business processes, including but not limited to: 


• Customer onboarding and KYC/AML, Transaction processing and reconciliation, financial reporting and controls. Compliance with regulatory requirements (e.g., CBN regulations, Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT)).


•  Analyze audit findings, identify root causes of issues, and quantify the impact of identified risks.


•  Prepare comprehensive audit reports, documenting findings, conclusions, and recommendations.


• Follow up on audit recommendations to ensure timely and effective implementation of corrective actions. 


• Monitor and evaluate the effectiveness of internal controls and recommend improvements to enhance operational efficiency and mitigate risks. 


• Stay abreast of relevant industry best practices, regulatory changes, and emerging risks within the financial services sector.


• Build and maintain strong relationships with business stakeholders across all departments. 


• Promote a culture of risk awareness and control within the Bank.


• Assist in the development and maintenance of the Internal Audit department's quality control and assurance framework.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field. 


• 6-7 years of relevant experience in internal audit, risk management, or a related field within the financial services industry.


• Professional accounting qualification (ICAN) is mandatory. 


• Proven leadership and supervisory experience, with a demonstrated ability to lead and motivate a team.


• Strong analytical, problem-solving, and critical thinking skills. 


• Excellent communication, interpersonal, and presentation skills.


• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint). 


• Knowledge of relevant regulations and industry standards (e.g., CBN regulations, IFRS, COSO).


• Experience with data analysis and audit software is a plus.