Job Purpose:

To provide specialized internal audit services focused on the Bank’s IT systems, digital platforms, cybersecurity, and data governance. The role ensures that all IT-related risks are adequately identified, assessed, and managed through rigorous audits and advisory support, in line with the Bank’s internal control framework and strategic objectives.

Key Responsibilities and Job Dimensions

Key Responsibilities

Audit Planning:

• Assist in the development of the annual internal audit plan based on risk assessments and organizational priorities.
• Participate in the planning and scoping of audit engagements, identifying key areas of focus.

Conducting Audits:

• Perform internal audits in accordance with established audit standards and methodologies.
• Evaluate the adequacy and effectiveness of internal controls, risk management processes, and governance frameworks.
• Review financial statements, operational processes, and compliance with policies and regulations.

Data Analysis and Reporting:

• Analyse data and information to identify trends, anomalies, and areas of concern.
• Utilize audit software and tools to enhance audit efficiency and effectiveness.
• Prepare detailed audit reports summarizing findings, conclusions, and recommendations for management.
• Present audit results to the Head of Internal Audit and relevant stakeholders, highlighting key issues and areas for improvement.

Follow-Up:

• Monitor the implementation of audit recommendations and assess the effectiveness of corrective actions taken by management.
• Conduct follow-up audits to ensure compliance with established policies and procedures.

Risk Assessment:

• Assist in the identification and assessment of risks facing the bank, contributing to the overall risk management framework.
• Provide insights on emerging risks and recommend strategies for mitigation.

Compliance Monitoring:

• Ensure compliance with relevant laws, regulations, and internal policies.
• Stay updated on changes in regulatory requirements and industry best practices.

Collaboration:

• Work collaboratively with other departments to promote a culture of compliance and risk awareness.
• Provide guidance and support to staff on internal control matters and audit-related issues.

Continuous Improvement:

• Contribute to the continuous improvement of internal audit processes and methodologies.
• Participate in training and professional development activities to enhance audit skills and knowledge

Decision Making/ Job Influence

• Makes routine decisions during audit assignments related to planning, testing, documentation, and reporting in line with the approved audit methodology.
• Supports audit findings with evidence-based analysis, contributing to management’s decisions on risk mitigation and internal control improvements.
• Provides input that influences compliance and operational decisions through audit observations and follow-up reviews.
• Applies professional judgment in identifying control weaknesses, deviations from policy, and potential risks during audit engagements.

Working Conditions

• Primarily be based in an office setting at the bank's headquarters.
• The role may involve occasional travel to branch offices or project sites within East Africa.
• The role may involve high-pressure situations, especially during critical audits or when dealing with tight deadlines. The ability to remain calm and focused under pressure will be important.

Requirements

Academic Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Commerce or a related field.

Professional Qualifications / Membership to professional bodies

• Membership in relevant regional or international bodies (e.g., ICPAU) is required.
• Professional qualifications in a related field (e.g. CIA, ACCA, CPA) is a must.

Previous relevant work experience required

• Minimum of 3 years of experience in internal auditing, risk management, or related fields, preferably in the financial or development sector.
• Strong understanding of internal control frameworks, audit methodologies, and risk assessment techniques.
• Proficiency in data analysis and audit software tools.

Functional Skills:

Behavioural Competencies/Attributes:

• Proficiency in internal audit standards, methodologies, and best practices, including risk-based auditing and compliance assessments.
• Financial Analysis
• Risk Assessment
• Data Analysis
• Regulatory Knowledge
• Report Writing
• Ability to manage multiple audit projects simultaneously, including planning, execution, and follow-up activities.
• IT Proficiency
• Attention to Detail
• Analytical Thinking
• Integrity and Ethics
• Interpersonal Skills
• Adaptability
• Problem-Solving
• Communication Skills
• Teamwork
• Time Management
• Continuous Learning

• Assist in the development of the annual internal audit plan based on risk assessments and organizational priorities.
• Participate in the planning and scoping of audit engagements, identifying key areas of focus.
• Perform internal audits in accordance with established audit standards and methodologies.
• Evaluate the adequacy and effectiveness of internal controls, risk management processes, and governance frameworks.
• Review financial statements, operational processes, and compliance with policies and regulations.
• Analyse data and information to identify trends, anomalies, and areas of concern.
• Utilize audit software and tools to enhance audit efficiency and effectiveness.
• Prepare detailed audit reports summarizing findings, conclusions, and recommendations for management.
• Present audit results to the Head of Internal Audit and relevant stakeholders, highlighting key issues and areas for improvement.
• Monitor the implementation of audit recommendations and assess the effectiveness of corrective actions taken by management.
• Conduct follow-up audits to ensure compliance with established policies and procedures.
• Assist in the identification and assessment of risks facing the bank, contributing to the overall risk management framework.
• Provide insights on emerging risks and recommend strategies for mitigation.
• Ensure compliance with relevant laws, regulations, and internal policies.
• Stay updated on changes in regulatory requirements and industry best practices.
• Work collaboratively with other departments to promote a culture of compliance and risk awareness.
• Provide guidance and support to staff on internal control matters and audit-related issues.
• Contribute to the continuous improvement of internal audit processes and methodologies.
• Participate in training and professional development activities to enhance audit skills and knowledge

• Proficiency in internal audit standards, methodologies, and best practices, including risk-based auditing and compliance assessments.
• Financial Analysis
• Risk Assessment
• Data Analysis
• Regulatory Knowledge
• Report Writing
• Ability to manage multiple audit projects simultaneously, including planning, execution, and follow-up activities.
• IT Proficiency
• Attention to Detail
• Analytical Thinking
• Integrity and Ethics
• Interpersonal Skills
• Adaptability
• Problem-Solving
• Communication Skills
• Teamwork
• Time Management
• Continuous Learning

• Bachelor’s degree in Accounting, Finance, Business Administration, Commerce or a related field.
• Membership in relevant regional or international bodies (e.g., ICPAU) is required.
• Professional qualifications in a related field (e.g. CIA, ACCA, CPA) is a must.
• Minimum of 3 years of experience in internal auditing, risk management, or related fields, preferably in the financial or development sector.
• Strong understanding of internal control frameworks, audit methodologies, and risk assessment techniques.
• Proficiency in data analysis and audit software tools.