Reporting to the Board and the Chief Executive Officer, the role will oversee and review the Banks’ internal control systems, evaluate the level of compliance with set Policies & Procedures, statutory and sector regulations.
The role holder will also be responsible for the Banks’ overall enterprise risk management and compliance framework.
Responsibilities
- Formulating and implementation of the Risk & Compliance framework & policies.
- Identify and assess potential risks to the institution’s operations and activities.
- Review the adequacy of internal controls established to ensure compliance with policies, plans, procedures, business objectives and regulatory requirements.
- Prepare and implement Internal Audit Plans and programmes
- Champion Information Systems Audit as well as communication, operating procedures, back up and disaster recovery
- Safeguarding of Bank assets and ensuring that the liabilities and expenditure are controlled.
- Contribute to the development of projects, selected according to the risk involved and benefits; by confirming that the company’s methodology is followed and that, in particular, adequate controls are incorporated.
- Follow up internal and external audit recommendations to make sure that effective remedial action is taken.
- Continuous monitoring of compliance with internal policies, procedures and guidelines by thorough regular and comprehensive Risk and Control Assessment and testing.
- Carry out ad hoc investigations and reviews based on audit findings or as requested by the Board and Management.
- Review the application and effectiveness of risk management procedures and risk assessment methodologies.
- Check the accuracy and reliability of the information reported to the Management and the Board.
- Review and oversee implementation of sound financial internal controls systems.
- Support the Finance Department in preparation of monthly and annual audits and finance reports.
- Keep track of new trends in the industry and advise management accordingly.
- Participate in corporate governance processes.
Qualifications
- Bachelor’s Degree in Commerce or Business related field from a recognized university and a Masters Degree.
- Must be CPA (K) or ACCA finalist
- Must be CISA finalist
- Must be member of the Institute of Certified Public Accountants of Kenya (ICPAK), Information System Audit and Control Association (ISACA)
- At least eight (8) years experience in Internal Audit, Risk & Compliance; three (3) years of which must have been in a Management position, in a reputable organization
- Have previous experience in conducting system audits in a highly digitized environment
- Previous experience with T24 Banking system will be an added advantage
- Experience in the financial services sector will be an added advantage
- Excellent report writing and presentation skills
- In-depth experience in data mining and analysis
- Excellent at Delivering and owning results
- Good communication skills
- Superior ICT skills
- Strong interpersonal, negotiating and problem solving skills, and customer service orientation
- Leadership and people development skills
- Between the age of 35 to 45 years
- Applicants must be committed to Christian values with a passion to serve
The post SMEP Bank Job Vacancy : Head of Internal Audit appeared first on Jobs in Kenya - http://jobwebkenya.com/.
The post SMEP Bank Job Vacancy : Head of Internal Audit is republished from Jobs – Jobs in Kenya – http://jobwebkenya.com/
