The Associate Director/Head of Internal Control is a senior leadership position at Rose Avenue Group. This role is tasked with embedding the Enterprise Risk Management (ERM) framework across the organization, fostering a culture of risk awareness, and ensuring compliance with both internal policies and external regulations.
Key Responsibilities
- Risk Culture & Framework: Embed the Enterprise Risk Management Framework within the organization's first line and inculcate a robust risk culture.
- Policy & Compliance: Implement internal control policies and develop procedures to ensure strict compliance with regulations and company standards.
- Risk Assessment: Oversee risk assessment processes to identify and mitigate potential risks across various business functions.
- Process Review: Conduct self-assessments and review financial and operational processes for compliance and efficiency.
- Training & Guidance: Provide specialized guidance and training on Enterprise Controls and best practices.
- Collaboration: Work closely with various departments to ensure the consistent application of Internal Control standards.
- Monitoring: Continuously evaluate the effectiveness of internal controls and monitor key risk indicators (KRIs) and Key Control Indicators (KCIs).
- Reporting: Report directly to senior management and/or the Board on control matters and provide improvement recommendations.
- Industry Trends: Stay updated on changes in the business environment, regulations, and industry trends that affect risk exposure.
- Investigations: Lead investigations into misconduct or non-compliance and oversee the implementation of corrective actions.
- Liaison: Act as the primary liaison with Internal Auditors and regulatory agencies.
- Process Mapping: Create and maintain a comprehensive, up-to-date process universe for all business functions and units.
- Registry Management: Develop and maintain the risk register and control library.
- Committee Representation: Serve as a member of management committees, including NFRC, FCRC, and DNFRC.
- Quality Assurance: Design and implement comprehensive Quality Assurance programs.
- Resilience Planning: Lead the development and maintenance of business continuity, crisis management, and operational resilience strategies.
- Leadership: Manage and mentor a team of business control managers.
Requirements
- Experience: At least 10–12 years of experience in risk management, internal controls, compliance, or related fields.
- Leadership: A minimum of 5 years in a senior leadership or managerial role.
- Education: Minimum of a BA/BSc/HND in a relevant field (Finance, Accounting, or Business).
- Strategic Frameworks: Proven experience in developing and implementing risk management strategies and frameworks within complex organizations.
- Compliance Expertise: Extensive experience in ensuring compliance with regulatory requirements and industry standards, including implementing audit findings.
- Analytical Skills: Proficiency in monitoring Key Risk Indicators (KRIs) and establishing robust processes for tracking and reporting on risk exposures.
- Operational Resilience: Ability to assess and enhance organizational preparedness for potential disruptions.
- Communication: Excellent communication skills, with the ability to articulate complex risk concepts to senior management and the Board of Directors.
How to Apply
Interested and qualified candidates should apply online via the Rose Avenue Group recruitment portal using the link provided in the application section.
