Internal Auditor

Job description

Job Purpose:

To help the bank accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Main Responsibilities

Main Responsibilities are:

• Monitor and review the effectiveness of the internal control systems and ensure compliance with organizational policies and procedures.
• Manage each assignment’s time budget to ensure that assignments are executed within the agreed time budget.
• Perform risk assessment during every audit assignment.
• Update the Head of Internal Audit on the progress of the audit regularly
• discuss results of the fieldwork and other audit issues during the audit.
• Drafting of audit findings and timely provision of draft audit reports to the Head of Internal Audit for review.
• Investigate and review instances of fraud and provide timely reports for corrective action when assigned.
• Preparation of monthly and quarterly draft internal audit reports.
• Identify issues after a controls assessment and propose constructive and practical solutions to management.
• Apply a proactive risk-based audit approach in the execution of audit plans and programs.
• Carry out audits as scheduled and provides an appropriate recommendation for the raised issues
• Ensure qualitative and quantitative audit evidence that supports the audit issues
• Quality documentation of audit issues
• Monitoring the timely implementation of the management actions recommended in the audit reports.
• Review management controls and their effectiveness in order to mitigate risks.

Educational qualifications and work experience:

Educational qualifications and work experience:

• Bachelor's degree in Related field.
• Professional Qualifications in CPA
• ACCA
• CISA & CIA is an added advantage.
• Minimum 2 years (2) years of experience in Audit and General Banking