Job Description
Provide leadership and strategic direction in the development and implementation of internal audit strategies, policies and procedures
In consultation with the Board Audit Committee (BAC) and senior management, prepare an annual risk-based audit plan that is aligned to the bank’s strategies and objectives
Coordinate and oversee the Internal Audit function to ensure implementation of the BAC approved audit plan
Plan and ensure execution of financial, operational and information systems audits
Review the reliability and integrity of financial and operating information and the means used to identify, measure, classify, and report such information
Appraise the adequacy of internal controls through review of information system controls and other control mechanisms
Periodically report to the Board Audit Committee on significant issues related to the bank’s risk management, control and governance processes and related management action plans
Institute and uphold good working relationships with all stakeholders to ensure audit issues are promptly addressed
Coordinate audit efforts with the bank’s external auditors and regulators.
Qualifications & Experience
Bachelor’s Degree in IT, Accounting or Finance from a recognized institution. Master’s degree a plus
Professional qualifications – CPA and CISA or CISM or CIA
Must be a member of ICPAK in good standing
At least 10 years audit experience in either a bank or reputable audit firm, 4 of which must be in senior management
Experience in information systems/information security audit is a must, with knowledge of auditing the following areas preferred:
Core Banking;
Oracle E-Business suite
Digital business processes.
Should possess in-depth knowledge of IFRS, ISAs and IIA Standards.
Critical Competencies
Good knowledge and understanding of the Kenyan banking regulatory framework
Hands–on experience in carrying out information systems/information security audits
Working knowledge of computer assisted audit techniques (CAATs)
Working knowledge of Team Mate
Good analytical and problem solving skills
Excellent interpersonal and communication skills
Possess exemplary report writing skills.
