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.