Job Purpose Statement
The purpose of this role is to conduct audit assignments, with a view to assess adequacy of the internal control systems, regulatory requirements; and highlight any exceptions or violations.
Key Accountabilities (Duties and Responsibilities)
Audit Planning 10%
- Participate and contribute in the risk assessment process for target audit areas and document results, as guided by the Assistant General Manager, Financial Risk Audit.
- Plan, scope and budget individual allocated activities to ensure completion within agreed schedule, ensuring all risks in the assigned auditable areas are fully addressed.
Audit Management & Execution 55%
- Assist to manage and align assignment resources, efforts and goals; identify and remove barriers in order to achieve optimal results.
- Prepare work papers in line with audit standards ensuring proper identification, development, and documentation of audit issues and recommendations using independent judgment.
- Draft suitable draft reports on the areas audited that present findings, recommendations and management responses on key control weaknesses, non-compliance with procedures and management policies and regulatory requirements, among others,
- Assist in follow up and disposal of cleared audit issues logged from previous audits.
- Guide/undertake consulting activities, as may be requested, in accordance with professional standards and provide sound advice on policies, procedures, risks and controls.
- Undertake to assist in investigation of cases of internal and external fraud, as requested.
Continuous Audits 5%
- Quarterly review of digital financials and long outstanding balances in internal suspense and holdover accounts.
Internal business processes 10%
- Strong collaboration with other lines of defence to provide integrated assurance.
- Review procedures, processes and records to ensure they are in line with the Bank objectives and appraise policies and plans of activities, departments and functions under audit review.
- Work with the external auditors and other regulatory monitoring agencies to facilitate gathering of required information.
Customer 10%
- Establish and maintain relationships with key business owners and functional departments.
- A unified view of risks and compliance to drive informed decisions.
Learning and growth 10%
- Continuously improve knowledge and learning to ensure conversant with current standards and practices within the profession.
- Teamwork, coach / mentor, develop and motivate internal audit team members.
- Identify development and training needs and develop plans to satisfy areas identified.
Job Specifications
Academic:
A University graduate
Professional:
- CPA (K)/ ACCA qualifications
- Working towards CIA qualification
Desired work experience: