Thursday, 6 October 2016

InfinityTrust Mortgage Bank Plc (Internal Control Officers)

Infinity Trust Mortgage Bank PLC (ITMB) was licensed in 2002 and started business operations in 2003, precisely, 13 years ago. Its registered trade-mark. Infinity Homes is a reflection of the strong desire of the Bank to create endless opportunities for shelter for every category of Nigerians.

Job Title: Internal Control Officers


  • Build a strong compliance environment to ensure zero level of policy, procedures and regulatory infractions.
  • Ensure prompt and effective call over of branch transactions.
  • Build strong awareness in branch staff on all policy and procedures issues; zero tolerance for open GL Items, unreviewed transactions and income leakages


  • Call over of Transactions as per the approved threshold.
  • Review of expense and cash advances and ensure conformity with laid-down policies.
  • Carrying out security sweep at least once in a month.
  • Ensure complete and accurate recognition of all fees and charges on every relevant account.
  • Review of Fixed Asset Register
  • Review KYC compliance.
  • Carrying out spot checks and review of activities in the branches under coverage, cash count and vault administration, funds transfer, ensuring adherence to policies and procedures
  • Review of system exception message report.
  • Review of GL/P&L Movement Report.
  • Conduct Seriality checks /test on Managers Cheque/Bank draft in the branches under coverage.
  • Review of Suspense/Transit/Proxy Accounts.

Key Performance Measures

  • Control Adequacy rating from Internal Audit.
  • Promptness and effectiveness of call over of transactions.
  • Integrity of the GL accounts in the Business offices of the region.
  • Promptness, Accuracy and Validity of Exception Reporting/Rendition of all Control Activity Reports
  • Effectiveness at follow up to ensure that Internal Audit recommendations are implemented
  • Quantum of undetected regulatory/statutory infractions from External Auditor and Regulators reports.
  • Quality and Timeliness of losses and loss events reporting in processing areas
  • Undetected Income leakage/P&L reversal arising from undetected processing errors


  • A first degree or its equivalent in accounting or audit.
  • Professional qualification in Accountancy or Audit would be an added advantage.


  • Work experience of between 2 and 4 years in banking operations

Required Competencies
Internal relationships:

  • The need to maintain a wide network with key stakeholders in the Bank. service.

Technical Competencies:

  • Report writing/Investigation skill
  • Banking operations experience
  • Interpretation of ML (P) Act 2004 & CBN KYC Manual 2003.

Personal Competencies:

  • Excellent interpersonal skills
  • Attention to details


Closing Date
14th October, 2016

Method of Application
Interested and qualified candidates should send their application letter and curriculum vitae

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