To provide innovative, responsive, and effective value-adding Internal Audit Services to the bank by assisting the Board and the Management in evaluating and recommending improvements in the effectiveness of enterprise risk management, internal control systems, and corporate governance.
Responsibilities
Reviewing and appraising the adequacy and effectiveness of the internal control systems of the bank
Monitoring and evaluating the effectiveness of the organization’s risk management system.
Provide leadership in performance management, employee development, talent management, and building a work environment that drives high performance and employee satisfaction
Assessing the adequacy of established policies and procedures and reviewing the systems established to ensure compliance with these policies, procedures, statutory requirements, and regulations which could have a significant impact on operations; and in corroboration with management update and improve them.
Main Activities
As the principal assistant to the Head of Internal Audit, assist the Head of Internal Audit in carrying out a bank-wide annual risk assessment and in developing a risk-based annual internal audit plan;
Supervising ongoing audit assignments and reviewing the quality of audit work done by the internal auditors;
Ensuring performance of quality audits and production of quality internal audit reports with practical and agreeable corrective actions and submitting the reports to the Head of Internal Audit;
Follow up and escalate on all audit findings implementation for escalation as per the bank’s escalation matrix.
Carry out analytical reviews of the root cause of the common/ recurrent audit findings and disseminate alerts and solution recommendations;
Producing the agendas for the internal audit department meetings and managing the entire process ensuring that quality discussion papers are submitted to the internal audit team and quality minutes are documented.
Carry out ad-hoc and consulting assignments such as Investigation of attempted frauds and conduct forensic reviews as requested by management
Coordinating the Central Bank of Kenya’s annual inspection of the Bank and ensuring both the inspection reports and the external auditor’s management letters are converted to corrective action plans and that the Audit Committee, through the Head of Internal Audit is regularly updated with the status of implementation of the
corrective measures by the line managers;
To perform any other duty as assigned by the Head of Internal Audit in line with the organization’s goals and objectives.
Qualifications
University degree in Accounting, Commerce, Economics or Business Management/Administration or related business degree
Masters will be an added advantage.
Certified Chartered Accountant/ Certified Public Accountant.
Current member of Institute of Certified Public Accountants of Kenya (ICPAK) with a valid membership Certificate
CISA (Certified Information Systems Auditor) and or CIA (Certified Internal Auditor) qualifications will be an
added advantage.
8-10 years in a busy Internal Audit department or Professional Audit firm with 5 years at senior level
Apply via :
www.kingdombankltd.co.ke
