Head, Branch Control at First Bank of Nigeria Limited

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: Head, Branch Control

Job Identification: 1258
Location: Lagos
Job type: Full-time

Duties & Responsibilities

• Developing and implementing branch control objectives aligned with the achievement of the bank’s corporate objectives.
• Cascade FBN’s strategic objectives to branch control teams for appropriate adoption.
• Supervision of Regional Control Managers (RCMs) and ensuring standardization of control approaches across the regions.
• Liaising and collaborating with Group Heads and Line Executives on control issues and remediation in branches.
• Represent GH, ICEG as needed in management meetings to present and address branch control issues
• Represent ICEG on H/O DC panels to review cases brought for hearing and to address control lapses identified in the cases.
• Responsible for ensuring the effectiveness of entity level controls as it relates to branch control activities.
• Responsible for evaluation of issues across branches/regions to determine their materiality when aggregated from a global perspective.
• Determine risk rating of branches and how identified risks in branches should be managed within the four categories of responses (avoidance, acceptance, reduction or sharing) through appropriate policies and processes
• Serve as a single point of contact for all branch related control activities or control issues noted in branches.
• Develop Group strategies for handling re-occurring control exceptions/incidents to ensure permanent disposal.
• Continually update the Group Head, Internal Control and Enhancement on the state of Bank-wide Control environment and emerging challenges.
• Serve as the issue resolution point for control issues escalated from branches
• Determine synergies that can be provided through working relationship with other control units/teams and all other functions in the bank towards ensuring the effective delivery of branch control objectives.
• Ensure operation of control activities in branches in line with COSO integrated framework taking into consideration all COSO components and principles.
• Ensure appropriate communication and dissemination of information across the various regions.
• Implement sound independent control policies and standards covering all sources of risks (financial and non-financial) in the regions.
• Drive performance of Control Officers and Cluster/Regional Managers in specific risk based independent control review functions as assigned.
• Provide coaching, counseling, advisory and decision support on control related matters to other functions operating in the regions.
• Ensure prompt escalation of unusual incidents noted in branches to the Group Head, Internal Control and Enhancement with recommendation on resolution or remediation.
• Train, coach, mentor, manage and supervise RCMs in the regions for effective performance. Assist GH-ICEG in departmental expense review and approval.
• Responsible for review and approval of requests logged against ICEG on SLA platform (Limit Enhancement, Change Management).

Job Requirements
Education:

• Minimum Education: First Degree preferably in a numerate discipline; higher degrees
• /MBA/ Possession of professional certification in accounting, Banking or related discipline.

Experience:

• Minimum experience – 12 years in Internal Control/audit function.

Application Closing Date
4th February, 2025; 08:27 AM.

How to Apply
Interested and qualified candidates should:
Click here to apply online