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Innovating Internal Audits: Ebimami鈥檚 Unique Approach to Risk Management In the Banking Sector

By Rebecca Ejifoma

In a sector where internal auditors are often seen as 鈥樷�檅ean counters鈥欌��, Calista Preye Ebimami is turning the tables. As deputy manager at one of Nigeria鈥檚 top leading banks, she has not only demonstrated that internal auditing goes beyond financial records but has proven that proactively identifying and addressing vulnerabilities in the financial sector is pertinent to mitigating risks.

With a  decade of progressive experience in the risk and audit sector, across information technology, finance and operation audits, she has leveraged her expertise to develop analytic driven, results oriented and proactive frameworks in internal audits.

As a seasoned professional, Ebimami designed and implemented a risk-based audit program for payroll application, for over 500 employees and successfully reduced payments and tax filing errors by 20%. She comments, 鈥樷�� We can鈥檛 keep doing the same thing and expecting different results, we have to combat fraud head-on and detect these issues before they escalate into something bigger鈥欌��

According to Ebimami, 鈥樷�橰isk management is not just about mitigating threats, it is  also about seizing the opportunity to safeguard and propel success in the finance sector. Early detection of system vulnerabilities saves not only resources but also precious time, why wait until it happens before reacting鈥欌�� she added鈥欌��

She spearheaded a team of auditors to evaluate IT disaster recovery procedures which enabled them to identify and bridge gaps in recovery objectives and testing completion times, resulting in a 30% improvement in business continuity and management procedures

As risk management and auditing protocols continue to evolve, Ebimami is dedicated to revolutionizing the audit sector with high standards of professionalism and ethics aligning with internal audit systems and best practices to achieve outstanding results that would transform the finance sector.

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