NMB Bank Tanzania Hiring Head of Internal Audit – Head Office and Branch Audits (1 Position(s))
Job
Location: Head Office
Job
Purpose:
Job providing leadership and
oversee of internal audit for Head office and Branch audits on achieving the
purpose and objectives of the Internal Audit Function. Responsible for working
with CIA in developing and execution of a risk based annual audit plan approved
by the Board, reporting, and following up on the implementation of audit
recommendations for banks internal control improvement.
Main
Responsibilities:
·
Develop and execute risk based annual internal
audit work plans and programs approved by the Board.
·
Assist the Chief Internal Auditor to draft,
review and update Internal Audit policies, strategy and manuals for Board
approval.
·
Manage the audit team in assisting the
business to implement controls and mitigate risks
·
Lead discussions with business leaders
regarding audit observations and root cause of issues, coordinate management
actions and responses.
·
Stay abreast of the latest developments in ICT
that impact the ICT risks and cyber security in the bank and the possibilities
to investigate using ICT.
·
Identify the relevant operating risks that may
affect the organization and assess their likelihood of occurrence and the
potential impact on the business
·
Evaluate the adequacy and effectiveness of
internal controls and the operating systems
·
Provide support in ensuring that audit
activities are carried out as per the audit professional guidelines and other
applicable guidelines (International Professional Practices Framework (IPPF) by
the Institute of Internal Auditors (IIA))
·
Review audit findings with auditors, appraise
the management and prepare reports for CIA to the Board Audit Committee raised
by external auditors
·
Carry out investigation and special audits as
requested by management, Board, or red flags noted by auditors
·
Stakeholder management with the bank, Bank of
Tanzania and external auditors/consultants
·
Departmental budget planning, implementation,
and cost control.
·
Manage the Audit team, hierarchically and
functionally, supporting the direct reports in their professional development.
Develop and execute the department's strategy and plan; achieve results through
the team.
·
Ensure full compliance, provide insights as
well as monitor the implementation of various consumer protection requirements
across business area/Unit
·
The position is also responsible for coaching
and developing audit staff and managing the department budget planning and
control.
Knowledge
and Skills:
- Ability to exercise critical
thinking and professional skepticism in the audit process
- Solid knowledge of applying
internal audit standards (IPPF) to perform value adding internal audit
services
- Knowledge of risks and controls
of a bank as well as banking regulations
- Analytical mind with the
ability to interpret key data/facts.
- Knowledge of ICT and audit
tools such as data analytics software such as ACL, IDEA and audit
management software such as teammate, Microsoft vision etc.
- Eye for detail in checks and
balances, rules and processes, risk, and governance
- A person with integrity,
objective mind, and leadership skills with ability to influence and
motivate teams towards a common goal
- Excellent interpersonal skills
and ability to work effectively with colleagues and other management
teams.
- Strong stakeholder management
skills with multiple stakeholders such as BARCC, Board, regulator, and
external auditors
- Ability to negotiate and
influence senior/middle managers to facilitate change and improvement.
- Ability to communicate at all levels in the bank and with external stakeholders such as external auditors and consultants
Qualifications
and Experience:
·
Bachelor's degree or its equivalent in
business studies (Accounting, Finance, Economics) from a recognized university
·
Must be registered member with the NBAA as a
Certified Public Accountant
·
Possession of professional auditing or
accounting qualification i.e., CIA, ACPA, CISA, ACCA and a post graduate degree
in business or finance is an added advantage.
·
At least 7 years' experience in audit 4 of
which should be at managerial level in a bank or an audit firm responsible for
financial institutions.
NMB Bank Plc is committed to
creating a diverse environment and is proud to be an equal opportunity employer
Head of Internal Audit – Head Office and Branch Audits at NMB Bank Tanzania | Apply Now
Job
opening date: 06-Oct-2022
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