Head, Control Techniques & Standards at First Bank of Nigeria

Head, Control Techniques & Standards at First Bank of Nigeria – Here are the requirements and how to apply for the position of Head, Control Techniques & Standards in the ongoing First Bank of Nigeria job recruitment.

Head, Control Techniques & Standards at First Bank of Nigeria – About Position

First Bank of Nigeria Limited (FirstBank) is Nigeria’s biggest financial services company by total assets and gross income. With over 10 million customer accounts, First Bank has more than 750 branches offering a broad range of retail and corporate financial services. The Bank has worldwide presence via its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank Ghana, FBNBank DRC, FBNBank Guinea, FBNBank Gambia, FBNBank Sierra-Leone and FBNBank Senegal, and also its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

Job Responsibilities

  • Leads and manages the activities of staff in the Control Techniques and Standards unit
  • Develop and maintain internal control framework, policies, and procedures in line with COSO and other applicable standards
  • Supervise and ensure implementation of the Internal Control Framework and Fraud Risk Management Framework in the bank and subsidiaries.
  • Ensure compliance of controls and control processes to COSO standards and leading industry practices
  • Coordinate and oversee control research activities for new controls and monitoring activities
  • Oversee peer reviews and best practice benchmarking on bank-wide controls based on documented adequate periodic research
  • Coordinate research activities and propose control enhancements for existing controls and control monitoring activities.
  • Coordinate stakeholder engagement for evaluation and discussion of service and business impact of control enhancements
  • Articulate and document business requirements for development efforts on automation initiatives and logical controls for approval by GH, ICEG
  • Supervise the implementation of control improvement measures and ensure minimal business disruption
  • Plan and coordinate change management efforts for control enhancements
  • Communicate process changes and control enhancement to stakeholders within the bank and subsidiaries
  • Coordinate and oversee the development of control review programs and templates for use by all control officers in their review and monitoring activities
  • Provide quality assurance for all Internal Control Reports to Management and Board and obtain the GH, ICEG’s approval for final positions
  • Ensure communication to stakeholders affected by internal control changes
  • Ensure periodic risk assessment exercise is carried out for all departments and functions and ensure the maintenance of risk and control library and risk register in conjunction with the Operational Risk department
  • Create assurance methodology for Risk & Control Self-Assessment results, and other results of control reviews to determine proper execution, timeliness, and quality
  • Design and review of Control Compliance Index as control effectiveness indicator and recommend remediation steps for consistently poor control scores
  • Track, coordinate and report all internal control initiatives to management and Board
  • Supervise the operations of the Internal Control Helpdesk and ensure timely resolution of service requests.
  • Monitor to ensure uniform standard on independent controls and control documentation across subsidiaries and FBN plc.
  • Determine review and visitation frequencies based on functional risk assessment and plan annual control visitation in the bank and subsidiaries
  • Manage the preparation and consolidation of all reports on control lapses and breaches, control enhancements and status of initiatives
  • Provide strategic support for all control initiatives to ensure timely and effective implementation
  • Oversee and coordinate the development and tracking of measurement indices for use in control scorecards
  • Oversee the collation and reporting of control compliance index for each organizational unit and ensure submission to BPM for scorecard impact
  • Lead and coordinate engagement with Business Performance Management on the resolution of scorecard disputes involving control officers
  • Support the GH, ICEG in the risk-based assignment of control officers to oversight areas
  • Review and approve internal control disclosures for submission as part of the bank’s annual report
  • Prepare management control awareness materials for use in strategic engagements
  • Maintain the Security of all Information entrusted to the staff
  • Comply with the principles and policies in the Information Security Handbook

Job Requirements


  • Minimum Education: First Degree preferably in a numerate discipline; higher degrees / MBA / professional certifications.


  • Minimum experience: 12-15 years in any of internal control, risk management, financial control and internal audit in related industries with experience in usage of the controls repository database. Sarbanes Oxley knowledge (added advantage).

Ongoing Recruitments You Can Also Apply For Here:

How to apply for Head, Control Techniques & Standards at First Bank of Nigeria

Interested and suitably qualified individuals should: Click here to apply online

Application Deadline

  • Not Specified

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