SBM Bank Hiring Officer, Internal Audit

Officer, Internal Audit (1) Department Internal Audit Band/Level Officer Location Head Office Contract Terms OpenEnded Length of Contract Open Ended Expiry Date Mar 14 2024 JOB SUMMARY: The job holder is responsible for evaluating adequacy, effectiveness and efficiency of the internal control systems and procedures as per the audit universe. KEY RESPONSIBILITIES: Using audit testing, identify key risk areas within the financial cluster and propose appropriate controls to mitigate the risks. Apply a risk-based approach in the execution of the audit engagements or assigned ad-hoc investigations. Prepare comprehensive working papers to support audit work performed and conclusions made. Utilize data analytics to extract insights, supporting audit observations and make impactful audit recommendations. Follow up with management to ensure that management actions have been effectively implemented. Conduct effective exit meetings i.e. discuss audit findings and their impacts professionally and confidently with appropriate levels of the organization. Ensure audit reports articulate gaps in the risk management processes, internal control deficiencies, and regulatory non-compliance. Continuously engage with stakeholders to ensure agreed corrective actions have been effectively implemented. Participate in the risk-based audit planning process that identifies units / processes that should be prioritized for audit. Prepare audit plans for individual projects and document relevant planning memos. Plan assigned activities and ensure adherence to the internal audit processes service level agreements to ensure timely completion of engagements. KEY RELATIONSHIPS: Customers of this Position All the departments of the Bank KEY KNOWLEDGE AND COMPETENCIES: Knowledge; Skills and Experience required for this Role Academic and Professional Qualifications Bachelor’s degree in Finance or related field Relevant Professional Qualification (CPA/ACCA) Member of a relevant professional body Work Experience 0-3 years of working experience in the financial sector is preferred Skills and Competencies Ability to write complex reports; Analytical skills; Quality work output; Contributes to team; Delivering Results and Meeting Customer Expectations; Adhering to Principles and Values; Coping with Pressures and Setbacks 14 Mar 2024 Apply now