Head Internal Control emPLE

Key Responsibilities

• Build and maintain a central repository of key controls across all business processes and lead the assessment of control design and effectiveness.
• Develop and document internal control policies and procedures and guide process owners in embedding controls into daily operations.
• Plan and oversee the monitoring and testing of controls call-overs and prepayment audits; identify control weaknesses and drive corrective actions to resolution.
• Coordinate Internal Control over Financial Reporting (ICFR) activities and support compliance with Financial Reporting Council (FRC) requirements.
• Strengthen oversight of financial credit and technology controls working with Finance Technology and the relevant control owners.
• Drive standardisation of SOPs and control standards across departments in line with the companys risk appetite.
• Review all SOPs and develop or supervise the development of end-to-end process flows and process maps for every business process; maintain the central library of process maps and use it to identify gaps control weaknesses and optimisation opportunities for resolution.
• Report control deficiencies exceptions and risk exposures to the COO Executive Management and the Board and provide regular updates on the control environment.
• Collaborate with Risk Management Compliance Internal Audit and Legal and support fraud risk management and investigations.
• Conduct training and awareness to foster a culture of compliance and control consciousness across the business.
• Supervise and develop the Internal Control Officer and manage the functions growth over time.

Qualifications Skills and Experience

• A first degree or its equivalent
• Minimum of 7 yearsstrong demonstrable experience in internal control financial control credit control and technology control.
• Relevant professional qualification (e.g. ICAN/ACCA CIA CISA or equivalent) is an advantage.
• Sound understanding of ICFR the three lines of defence model and regulatory expectations for the insurance sector.
• Proven ability to design controls lead control testing and manage remediation to closure.
• Strong analytical reporting stakeholder-management and leadership skills.