ARM Life is the insurance subsidiary of Asset & Resource Management
Company Ltd (ARM). Its parent company, ARM is one of the largest
non-bank financial services firms in Nigeria with a focus on asset
management. Established in 1994, ARM started operations as a traditional
asset management company spe...ing in the management of quoted equities
and fixed income securities.
INTERNAL CONTROL OFFICER (ARM NON-PENSION, FINCON, OTHER SHARED SERVICES AND SPE...ED FUNDS)
JOB SUMMARY
Trade and cash call over, Pricing review, AOD adequacy, Reconciliations, Review of Mutual fund redemption, Reporting.
PRINCIPAL DUTIES AND RESPONSIBILITIES
Trade
call over: Perform a daily review/call over of all equity trades and
ensure any exceptions noted during the trade call over process are duly
resolved. Actively seek avenues for improvement in the trade call over
process.
Cash call over: Perform a daily call over of cash
transactions booked on HIPORT, and ensure all exceptions noted during
cash call over are duly resolved. Also identify opportunities for
improvement in the call over process.
Pricing review: Perform a
review of mutual and institutional fund pricing to attest for the
accuracy of the fund prices. This also involves checking that the
correct prices are published and subsequently updated on HIPORT/FUNDWARE
and HITRUST/INTEGRA in a timely manner.
AOD adequacy review: Perform
a monthly review of AODs for mutual fund accounts opened during the
period and evaluate the integrity of client data available on
HITRUST/Integra.
Reconciliations: Perform monthly reconciliations of
ARM and Custodian records, which will include CITI reconciliation, CSCS
reconciliation, and any other reconciliation activity assigned to you by
your supervisors.
Review of mutual fund redemptions: Perform a
review/call over of mutual fund redemptions in line with the documented
review process (you will be responsible for producing this process
document). Actively seek avenues for improvement in the redemptions call
over process.
Reporting: Ensure timely reporting of all weekly and
monthly reports. Note that this report should be forwarded by the close
of business on your last working day of every week, which would usually
be Thursday.
MINIMUM QUALIFICATIONS & EXPERIENCE
Bachelor's Degree in Accounting or Finance-related discipline
ACA qualification or its equivalent would be an advantage
0-1 years of experience in a similar role.
MS Office Suite Skills:
Intermediate knowledge and application of MS Excel
Intermediate knowledge and application of MS Word
Intermediate knowledge and application of MS Power-point
Soft Skills:
Good business ethics
Good communication
Good interpersonal skills
Good time management
Self-driven
Good listening skills
Resourceful
Hardworking, energetic and resilient
Ability to work with minimal or no supervision
Good team player
CLICK HERE TO APPLY
DUE DATE: 2 September, 2017
Internal Control Officers at ARM Life Plc,
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