Internal Audit Officer

Job Title

Internal Audit Officer

Reporting Line

Country Head, Internal Audit

Job Objective

Build a strong audit and compliance environment and ensure zero-level fraud, improve value for money, and provide compliance, advisory and decision support services to the audit function in the country.

Roles & Responsibilities

• Participate in the formulation, design and revision of the Bank’s corporate audit strategy.
• Plan, organize, direct, coordinate and control audit activities of the country office.
• Ensure adherence and compliance to Policy/Procedure/Regulatory Compliance.
• Create and improve homogenous Compliance Culture in respect of Audit issues
• Build a strong KYC-compliant environment in all products/activities.
• Continuous improvement in the Bank’s independent Control Standards and techniques.
• Review of the integrity and reliability of all transactions as reflected in GL accounts.
• Ensure prompt and qualitative rendition of relevant reports as may be required by the Country Head of Audit.
• Conduct prompt investigation of frauds, disciplinary issues, whistle-blowing cases and other irregularities that come to the knowledge of the unit.
• Ensure proper institution of Controls in all products and services given in the Bank.
• Ensure prompt follow-up of open audit exceptions.
• Perform any other duties as may be assigned by the Country Head, Audit.

Key Performance Indicators

• 100% achievement of the audit plan.
• Timeliness presenting audit reports [3 days after the exit meeting for full audits; 2 days for spot checks].
• Zero tolerance for low-quality audit reports [Number of audit-related issues detected by regulators and external auditors, but not initially identified by Audit]
• Regularization of Regulators/External Auditors/Group Audit exceptions
• Compliance with prompt reporting, escalation, and monitoring of critical business issues through weekly and monthly audit and control dashboards
• Zero tolerance for income loss.
• Zero tolerance for fraud.

Job Requirements

• First degree (or equivalent) in Accounting, Banking & Finance or related discipline.
• Masters and/or Professional qualification in accounting e.g. ACA, ACCA, CPA(K).
• Minimum of two (2) years cognate experience

Key Competency Requirements

Knowledge

• Core Business Processes
• Data Gathering and Analysis
• Regulatory compliance
• Industry Knowledge
• Banking Operations
• Technology
• Internal Control/Audit
• Product/Service Knowledge
• Business Risk Management
• Credit Analysis
• Accounting and Tax

Skill/Competencies

• Facilitation/Knowledge Sharing
• Professionalism/Interpersonal Relationship
• Career Development Conscious
• Systemic thinking/Innovation
• Good Communication
• Problem-Solving
• Multitasking
• Time Management/ Prioritization

Deadline

The deadline for receipt of applications is 20/02/2023. Only shortlisted candidates will be contacted.