Create Internal Control functional procedures to ensure sufficient risk-management and efficiency
Institute value-adding and cost-efficient controls across all business units
Engender an effective control environment and control culture
Responsible for implementing, directing and overseeing controls activities and compliance programs.
Evaluate adequacy and effectiveness of internal control systems and initiate process reviews
Manage, administer and coordinate available resources to achieve efficient/effective control and archival processes
Improve the control culture and environment e.g. through regular sensitization and training of staff
Assess the adequacy and extent of programs designed to safeguard organization assets.
Provide value added service (management reports, training) to internal customer and stakeholders.
Develop internal control review checklists based on local requirements, periodic returns and co-ordination with Operational Risk co-ordinators
Implement internal and external audit recommendations together with any issues raised by external regulators.