ASSISTANT VICE PRESIDENT, INTERNAL CONTROL DEPARTMENT
union national bank
Total years of experience :21 years, 4 Months
Facilitate the Ops Control team to be best in class by providing strategy, guidance and support in setting up a strong controls environment within operations through deployment of effective analytical and reporting tools viz Process and transactional reviews, review of accounting control activities, root cause analysis of operations errors.
§ Introducing & implementing value addition initiatives with specific reference to Controls.
§ Develop control reports that act as a trigger to identify operational failures and facilitate early damage control. - its roll-out & monitoring
§ Act as a sounding board for management by identifying Key Risk Indicators and driving action items in coordination with the Head of Operations Division.
§ Support Dept. Managers in closure of audit findings and monitor the completion of action points to ensure there are no overdue findings.
§ Provide control related guidance to Operations Units.
§ Timely and accurate reconciliation of Nostro, Custody stock, Cards nostro investigation and other recon and control processes within Operations control and ensure that the risk profile of breaks in the Nostro are within the acceptable limits set by the Ops control team.
§ Ensure service objectives are met by making optimum and efficient use of available human and budgetary resources.
§ Conduct internal reviews of Operational procedures.
§ Conduct, pre-audit ( internal, external & regulatory ) checks & bring Ops areas up to required levels
§ Conduct meetings with the business / Operations units to resolve Control related issues. Ensure proper control and risks mitigation are in place within all the departments at Operations Division.
§ Ensure each Ops department achieves Satisfactory Audit ratings.
§ Work closely with each Department Managers in resolving issues related to audit, control and risks.
§ Responsible for reviewing all controls overall Operations, specific stress on Treasury & Trade Finance
§ Responsible for reviewing internal audit reports, coordinating with Department Managers for their closure within due dates
§ Responsible for recommending process improvements as a result of audit findings
§ Responsible for supporting the Ops Division Head in budgeting, process audit, special projects and interaction with business on all Control aspects