Internal Audit Assistant Manager/ Manager

JOB PURPOSE:

Assist in Managing the audit department functions in line with the Audit and Risk Review Division strategy, objectives and mission. Assist in analyzing the systems of Internal Control with view to ensure that risk-based approach is being implemented and updated/assist in introducing audit tools for improving effectiveness, efficiency through planning and executing audit assignments of branches Regions, micro finance units, Financial Reporting & Corporate Services and Subsidiaries, IT, Operations and Consumer Banking. Identify control weaknesses and exposures in the system/structure and recommend opportunities/enhancements/corrective actions to improve the efficiency and effectiveness of controls in order to safeguard client’s assets.

KEY ACCOUNTABILITIES:

• Participate in the Execution of the annual audit plan, as approved including any special tasks requested by Chief ARR in order to assess the efficiency and effectiveness of the internal control systems
• Performance Indicator : Preparing/ reviewing the working papers (including Risk Appraisal Profiles, Review Planning Documents, Tailored Review Programs, Sampling Techniques and the final audit reports) then submit the report to the head of function as described above for approval
• Ensure proper and timely rectification of audit findings
• Performance Indicator: assessment of all open issues and past due CAPs
• Participate in periodic meetings with the business heads and staff in order to ensure mutual understanding of risks/ challenges that may encounter all assigned departments and sufficiency of related controls
• Performance Indicator: periodic meetings should be in place to monitor the business performance and study all inherent risks affecting the business
• Whenever assigned as team leader in a certain mission, Supervise the work performance in terms of time, adequacy of resources, and proper work allocation to ensure that timely and quality reports will be produced in accordance to the approved plan
• Performance Indicator: ARR QA unit reviews any deviations from the mission’s schedule as well as quality of the report
• Whenever required, participate in fraud investigations/special reviews to identify responsibility for any loss or failure to comply with policy/procedure and recommend enhancements to systems and/or procedures in order to minimize the risk of recurrence and provide draft report for line management review and approval.
• Performance Indicator: A Fraud case is being documented highlighting the role of the Audit Manager in the fraud case or the special assignment
• And any other assigned Tasks

QUALIFICATIONS:

Academic and professional qualifications

• Bachelor Degree in accounting or similar field

Experience and other requirements

Basic Qualifications:

• Ability to handle branch, micro finance units and various department reviews in terms of operations side
• Well versed of all new products, new policy and procedures initiated in the bank
• Possess foreign language skills (English).

Years of experience:

• Audit Manager : 8-10 Relevant Years of Experience
• Audit Assistant Manager : 5-8 Relevant Years of Experience

Additional Knowledge

A general understanding of EDP Auditing.