Internal Audit Officer

This is a Junior management position whose holder should be an Audit professional responsible for contributing to Internal Audit function achievement of its objectives of reviewing financial records, assessing compliance with laws and regulations, evaluating risk management and internal controls, and recommending improvements to efficiency and processes. This shall involve;

1.    Develop and carry out regular reviews of appropriate procedure manuals for the various areas of operations as necessary.

2.    Undertake regular spot audit check and inspections of sensitive areas and investigate general or specific irregularities.

3.    Tracking that all control lapses identified above are promptly corrected

4.    Conduct investigations as assigned.

5.    Perform revenue assurance tests covering the bank’s portfolio of asset and liability products spanning core banking and treasury services.

6.    Tracking that appropriate corrective actions are promptly implemented to eliminate or minimize future occurrences of revenue loss.

7.    Ensure timely and accurate rendition of all periodic activity reports and supporting documentation in line with agreed reporting standards.

8.    Promptly and effectively, investigate reported data integrity and income discrepancy related issues.

9.    Assist the internal audit team in their performance of other operational/Financial audits.

     Job Dimensions

ReportingRelationships:jobsthatreporttothispositiondirectly

Direct Reports

N/A

ReportingRelationships:jobsthatreporttothispositionindirectly

Indirect Reports

           N/A

Stakeholder Management: key stakeholders that the position holder will need to liaise/work with to be successful in this role.

Internal

·         Business units – Corporate Banking, SME Banking, Retail Banking, PSG/NGO and Business Banking.

·         Product Development team

·         Transaction Services

·         E-business and Digital banking

·         Internal Auditors

·         Human Resources

·         Risk Management

·         Legal  

·         Compliance

·         IT

·         Corporate Affairs

·         Finance

·         Procurement & Administration

·         Settlements

External

·         External Auditors

·         BoU

·         Competitors

·         Regulators

IdealJobSpecifications

·         A University degree preferably in a business / enumerative discipline such as Accounting, Finance, Business Administration etc

·         Should have Professional Qualification; CPA or ACCA - Level 2 ongoing

·         Minimum of 2 years Audit experience

Competencies

·         Analytic and conceptualization skills

·         Negotiation Skills and Stakeholder-Relation Management skills

·         A  good understanding of the banking industry

·         Customer-centric solution provider

·         Problem Solving – taking a very complex and substantial problem and breaking it down into meaningful “bites” to craft a solution.