Head of Internal Control Unit

  • Deadline 28 Noyabr 2024

Essential duties include the following.

  • Develop and implement annual Internal Control Plan using risk-based approach;
  • Conduct and/or supervise planned and unplanned inspections to reveal any procedure or regulatory violations, as well as operational deficiencies, fraud suspicions etc.;
  • Analyze inherent and residual fraud risks in business processes and develop Fraud Risk Matrix;
  • Conduct and/or supervise fraud investigations and prepare fraud investigation reports;
  • Organize and lead Anti-Fraud Committee meetings and prepare minutes of the meeting;
  • Monitor implementation of action plans from planned and unplanned inspections;
  • Develop and implement internal control tools and analytics, to enhance identification of suspicious activity and transactions, and to support risk-based inspection planning;
  • Provide operational risk expertise and guidance to Risk Manager and Senior Management, including recommendations on internal controls, org. structure, process flows, operational procedures etc.
  • Regularly review existing Internal Control policies, procedures, guidelines to ensure relevance to current business processes and compliance with regulatory and FIF requirements, as well as industry best practices;
  • Provide fraud awareness training to FAZ staff;
  • Review loans proposed to be written-off and present summary reports to Risk Manager;
  • Assess the training requirements for the Internal Control staff and develop a capacity building plan;
  • Manage performance evaluations for Internal Control staff in a timely manner according to established procedures;
  • Create and maintain positive working environment to the highest ethical level; promote mutual respect, understanding, trust and cooperation among all team members;
  • Advocate and commit to ongoing training and development to foster a learning culture. 

Qualifications:

  • In-depth knowledge of NBCO operations and internal control best practices;
  • CFE, CIA or other equivalent certifications are preferred.

Education & Experience:       

  • Bachelor Degree in Audit, Economics, Business, Finance, Management, Law or related education (master degree is preferred);
  • Minimum 5 years of experience in Internal Control, Internal Audit, Operational Risk Management fields;
  • Minimum 1 year of experience in a managerial role prior to assuming this position.

Language Skills:

  • Fluency in English and Azerbaijani is mandatory.

Computer Skills:                                 

  • Strong knowledge of MS Office tools.

Competencies:

  • Strong interpersonal, communication and training skills.
  • Strong business management and negotiating skills.
  • Strong policy/procedure and report writing skills in both English and Azerbaijani.
  • Strong analytical and organizational skills.
  • Daily98
  • Weekly444
  • Monthly1063