Job Responsibilities1. Responsible for the overall internal audit program for the bank, and operating independently of other departments.2. Administers the Audit Policy, and coordinates the activities of the bank’s external auditors.3. Perform other related duties as required to meet ongoing needs of the bank.4. Implements internal auditing policies, procedures, and programs. 5. Perform review of accounting procedures.6. Advise management and the Audit… Show more Job Responsibilities1. Responsible for the overall internal audit program for the bank, and operating independently of other departments.2. Administers the Audit Policy, and coordinates the activities of the bank’s external auditors.3. Perform other related duties as required to meet ongoing needs of the bank.4. Implements internal auditing policies, procedures, and programs. 5. Perform review of accounting procedures.6. Advise management and the Audit Committee of the Board on audit and internal control issues.7. Investigates and determines causes of irregularities and errors.8. Verifies the existence of assets and recommends proper safeguarding.9. Follow-up on issues raised to ensure management progress actions within the agreed time 10. Recommends corrective action and suggest improvement.11. Supervises or conducts independent audits of bank records and activities.12. Discusses the findings of audit reviews with management on a constructive basis in order to develop the most appropriate solutions to issues arising.13. Investigates reported occurrences of fraud, embezzlement, theft, waste, etc.14. Evaluates the adequacy of the system of internal controls.15. Recommends improvements in controls;16. Supervises, conducts, and reports on the testing and adequacy of the Bank’s internal controls over financial reporting.17. Applies a risk-based approach to the review of the systems and controls of the Bank through the development of an annual programme of audit review work. 18. Performs effective implementation of audit and regulatory reports. Show less

Responsibilities• Prepare audit plan for Board Approval• Quarterly reports to Audit Committee • Ensure timely submission of all regulatory reports to the regulator• Monthly reports submission the Management• Prepare audit plan for Board Approval• Develop an in-depth knowledge of the business area and use this knowledge to assess risks and control.• Display professional skepticism and discussing contentious observations with management.• Prioritize effectively… Show more Responsibilities• Prepare audit plan for Board Approval• Quarterly reports to Audit Committee • Ensure timely submission of all regulatory reports to the regulator• Monthly reports submission the Management• Prepare audit plan for Board Approval• Develop an in-depth knowledge of the business area and use this knowledge to assess risks and control.• Display professional skepticism and discussing contentious observations with management.• Prioritize effectively to deliver on time and adapt quickly to change and support business initiatives.• Provide independent assurance to the Shareholders, Board, Regulators and all other stakeholders of LMC.• Provide support in the identification and measurement of compliance risk.• Promote a compliance culture through awareness activities.• Participate in the product initiation process to ensure compliance with local regulatory requirement.• Advise appropriately on compliance issues and deal with issues/breaches identified.• Ensure adequate measures are put in place to prevent, detect and forestall All income leakages, and it avenues.• Maintain formal record of minutes of all meetings held with the regulator, External Auditors and monitor commitments arising therefore and communicate same to stakeholders. Show less

CREDIT RISK FUNCTION• Administer credit controls• Screen loan applications before approval• Review to ensure full compliance with all controls before loan disbursement• Ensure regulatory compliance with respect to credit• Monitor and examine loan portfolio to ascertain performing and non-performing loans • Offer professional support to the functioning of the functioning of the credit departmentINVESTMENT RISK FUNCTION• Review or examine investment document to… Show more CREDIT RISK FUNCTION• Administer credit controls• Screen loan applications before approval• Review to ensure full compliance with all controls before loan disbursement• Ensure regulatory compliance with respect to credit• Monitor and examine loan portfolio to ascertain performing and non-performing loans • Offer professional support to the functioning of the functioning of the credit departmentINVESTMENT RISK FUNCTION• Review or examine investment document to avoid potential loss • Ensure KYC has been fully complied • Ensure system set up is in agreement with certificate details on the investment terms• Any other investment process have been followed • Report on investment portfolioOPERATIONAL RISK FUNCTION• Ensure Jislah adhere to all legal or regulatory requirements and operate within the regulatory framework• Conduct review of operational processes• Review the underlisted areas and give appropriate recommendations: Suspected fraud investigations Employment practices and work safety Business Practices Damage to physical assets Systems functioning Execution, Delivery and Process ManagementOTHER FUNCTIONS• Be in charge of managing the affairs of the Department• Draft audit plan and present to the Audit Committee for approval• Presentation of audit report to the Audit Committee• Ensure timely reporting to Management/Board• Perform audit procedures to verify that controls are operating through testing or any other technique• Identify control gaps and opportunities for improvements• Assess and promote compliance to regulatory requirements• Contribute as appropriate in the year-end financial audit with the external auditor• Follow up exercise Show less

Audit Supervisor - Internal Audit DepartmentUT Bank, Head Office - Accra (October 2009 – March 9, 2016)Supervisory Role hold pre audit meeting to discuss assignment with team members assigning roles to team members addressing concerns and challenges of team members on duty motivating team members to meet deadlines coordinating the activities of team members hold debriefs (audit exit discussions) with branch/departmental managers merging reports… Show more Audit Supervisor - Internal Audit DepartmentUT Bank, Head Office - Accra (October 2009 – March 9, 2016)Supervisory Role hold pre audit meeting to discuss assignment with team members assigning roles to team members addressing concerns and challenges of team members on duty motivating team members to meet deadlines coordinating the activities of team members hold debriefs (audit exit discussions) with branch/departmental managers merging reports of the team to be submitted to Head of Department, Internal AuditUndertake departmental and branch audits evaluate and review systems of controls for both banking and credit operations income assurance conducts cash counts (where applicable) hold debriefs (audit exit discussions) with branch/departmental managers forwarding audit findings to auditees for appropriate response prepare and submit audit report (made up of the audit finding, implications and recommendations) to the Head of Department, Internal Audit. following up on unresolved audit issues Perform other responsibilities assigned by the Head of Department, Internal Audit Show less

Internal Audit AssistantMetropolitan Insurance Company Limited, Head Office – Accra (February 2009 – September 2009) Audit payment of commission to agents and brokers Audit Claims Perform audit field work assignments Evaluate systems of internal control Help to drive timely reporting and remediation of deficiencies found during testing of control Pre – audit for acquisition of stores, stationery, stamps, fuel, etc. Ensure that departments are well… Show more Internal Audit AssistantMetropolitan Insurance Company Limited, Head Office – Accra (February 2009 – September 2009) Audit payment of commission to agents and brokers Audit Claims Perform audit field work assignments Evaluate systems of internal control Help to drive timely reporting and remediation of deficiencies found during testing of control Pre – audit for acquisition of stores, stationery, stamps, fuel, etc. Ensure that departments are well informed for audit assignments through appropriate mode of communication, example, and memos. Prepare audit report Perform other responsibilities assigned by the Head of Internal Audit. Show less

Service PersonnelPrivate Hospitals & Maternity Homes Board (P.H.M.H.B) – M.O.H, Accra (November 2007- July 2008) Entries in the cash book Reconciling bank statements Assist the accountant Perform other administrative functions as assigned by the Registrar

 Cash Book Analysis and Ledger Entries Pay – In and withdrawals at the bank Ensuring submission of Returns Maintains Accounts Payable/Receivables Preparing Staff Payroll Reconciling Bank Statements Extracting Trial Balance from the ledger books Prepare final accounts for auditing purposes

 Cash Book Analysis and ledger entries Payroll Analysis – Preparation, ensuring submission of SSF, Income Tax Ensuring submission of VAT Returns Reconciling Bank Statements Preparing Fixed Assets Schedule Maintains Accounts Payable/Receivables Extracting Trial Balance from the Ledger Books Prepare Final Accounts and Cash Flow Statements Tax Computation Assist in stock count Assist in auditing Limited Liability Companies and Enterprises (Vouch… Show more  Cash Book Analysis and ledger entries Payroll Analysis – Preparation, ensuring submission of SSF, Income Tax Ensuring submission of VAT Returns Reconciling Bank Statements Preparing Fixed Assets Schedule Maintains Accounts Payable/Receivables Extracting Trial Balance from the Ledger Books Prepare Final Accounts and Cash Flow Statements Tax Computation Assist in stock count Assist in auditing Limited Liability Companies and Enterprises (Vouch source documents, trace entries in the various books, check on internal control systems, advice on how to maintain a good accounting system, prepare audited accounts for board decision making) Show less