Head, Internal Audit

Confidential Employer

Job Overview

Location

Lagos, Lagos, Nigeria

Salary

NGN 500,000 - 800,000 monthly

Employment Type

Full-time

Work Arrangement

On-site

Sector

Finance & Banking

Experience Level

Senior (5-8 years)

Application Deadline

May 13, 2026

Job Description

We are seeking a highly skilled Head of Internal Audit to provide independent and objective assurance over our bank's operational effectiveness and compliance.

In this critical role, you will be responsible for developing and executing a comprehensive, risk-based internal audit plan. Your objective is to ensure the integrity of the bank's internal controls, risk management processes, and governance framework, while verifying compliance with all regulatory requirements.

You will report audit findings and recommendations to both Management and the Board Audit Committee, driving improvements in internal control weaknesses, operational risks, and compliance gaps across the organization.

To apply for this role, click the Apply button on this page and follow the instructions.

Required Skills

Risk-Based Audit PlanningInternal Controls EvaluationRisk ManagementGovernance FrameworksRegulatory ComplianceCredit AuditOperations AuditIT AuditFraud InvestigationAudit ReportingCBN RegulationsMicrofinance Banking Operations

Key Responsibilities

Develop and implement a risk-based annual internal audit plan for the Bank.
Conduct internal audits across all business and operational areas of the Bank.
Evaluate the adequacy and effectiveness of internal controls, risk management processes, and governance structures.
Review the Bank’s operations to ensure compliance with internal policies, procedures, and regulatory requirements.
Conduct periodic audits of key areas including credit, operations, finance, IT, and compliance.
Investigate fraud, irregularities, and control breaches.
Prepare internal audit reports and present findings to Management and the Board Audit Committee.
Monitor and follow up on the implementation of audit recommendations.
Conduct surprise audits, spot checks, and process reviews.
Review the reliability and integrity of financial and operational information.
Assess the adequacy of documentation and record-keeping across the Bank.
Provide recommendations for improving internal controls, operational efficiency, and risk management.
Coordinate regulatory audit requests and external auditor reviews where required.

Qualifications

Bachelor’s degree in Accounting, Finance, Economics, or a related discipline. Professional certification in ICAN or ACCA is mandatory.
Minimum of 7–10 years’ audit experience, preferably in banking or financial services.
At least 3 years in a supervisory or managerial audit role.
Strong knowledge of internal audit practices, risk management, and internal control frameworks.
Good knowledge of CBN regulations and microfinance banking operations.
Experience in credit audit, operations audit, and IT audit is an advantage.

How to Apply

Send your CV and cover letter to hr.orvalondigital@gmail.com

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Nigeria's financial sector is undergoing significant transformation, demanding robust internal audit functions to ensure integrity and compliance. This role requires deep understanding of financial auditing, risk management frameworks, and data analytics for effective control assessments. As Head of Internal Audit, your strategic oversight will be crucial in identifying and mitigating operational risks, enhancing governance, and safeguarding the bank's assets, directly contributing to its financial health and stakeholder trust.