Officer Internal Controls – Ref:MGMT/21/02/H3

Job Purpose

To draft new and update existing Operating Procedures covering all areas of the bank whenever new processes are implemented or when existing processes are re-engineered

Main Responsibilities and Accountabilities

Under guidance from Manager Internal Controls
Analyze and assess the Bank’s Operations with a view to designing Operating Procedures where none currently exist or for those where Operating Procedures exist but are in need for update/improvement as below.
To reflect changes to procedures/ practices/ systems throughout the Bank
To incorporate new procedures as a result of system changes/product changes/initiatives in the Bank
To ensure any guidelines laid down by Central Bank are reflected in the procedures
Periodically review existing Operating Procedures for potential re-engineering improvements, either in control and/or operating efficiency, and/or to incorporate suggestions from Users or Auditors
Draft procedural instructions issued on an interim basis, pending issue of formal Operating Procedures
Ensure that new developments are documented in Operating Procedures before implementation ensuring that improved efficiency does not compromise necessary level of operating control
Following implementation of the Key Controls Checklist in branches, assist Manager Internal Controls to expand the implementation in other departments of the Bank and keep up to date the Key Controls Checklist.
Ensure Anti-Money Laundering and other regulatory requirements that have been laid down internally and by Central Bank are followed while preparing the Operating Procedures
Co-ordinate with key partners and maintain good working relationship with all Operational and Business units

Responsibilities and Accountabilities Core Banking Project

Review the Finacle-Core requirements and solution documents forwarded by the Bank and provide feedback to Manager Internal Controls
Ensure that the functions detailed in the requirements and solution documents are as per the Bank’s policy / practices and highlight any discrepancies
Review the ‘To-be processes’ received from external vendor, to ensure that the processes defined as per Bank’s policy / practices and highlight any discrepancy to Manager Internal Controls
Draft the new procedures issued on the ‘To-be processes’ pending issue of formal Operating Procedures
Co-ordinate with Core Banking Unit in discussions and query resolution regarding the proposed processes
Ensure that all details are documented in-proposed Operating Procedures prior to start of Training and at the same time ensuring that improved efficiencies do not compromise the required levels of operating control

Qualifications