Job Description
Reporting to the Chief Manager, Internal Audit, the
incumbent will provide independent and objective assessments of the Bank’s risk
management, controls, and governance processes. This position involves planning
and executing audit engagements, identifying control weaknesses, providing
recommendations for improvement, and ensuring compliance with regulatory
requirements and internal policies.
Key Responsibilities:
Audit Planning and Execution:
- Develop detailed audit plans, including objectives,
scope, and audit procedures.
- Conduct risk assessments and identify areas of potential
risk within the bank.
- Execute audit engagements, including fieldwork, testing,
and documentation of audit findings.
- Evaluate the adequacy and effectiveness of internal
controls and compliance with policies and procedures.
- Plan and carry out ad hoc/special investigations
Reporting and Documentation:
- Prepare clear and concise audit reports, summarizing findings,
conclusions, and recommendations.
- Present audit findings to Branch/Heads of
Department/unit.
- Ensure all audit work is properly documented and in
compliance with internal audit standards and practices.
Follow-Up and Improvement:
- Monitor the implementation of audit recommendations and
verify corrective actions taken by management.
- Identify opportunities for process improvements and
provide value-added recommendations.
- Assist in the development and maintenance of audit
programs and methodologies.
Compliance and Risk Management:
- Ensure compliance with relevant laws, regulations, and
internal policies.
- Assist in the development and implementation of risk
management strategies.
- Stay updated with industry best practices and regulatory
changes affecting the organization.
Collaboration and Communication:
- Collaborate with other departments to understand
business processes and provide guidance on control and compliance issues.
- Communicate effectively with stakeholders at all levels
of the organization.
- Provide training and guidance to junior audit staff and
other employees on internal controls and risk management
- Carry out any other duty as assigned from time to time.
Minimum qualification and experience required:
- An undergraduate degree in a business-related field
- Certified Public Accountants of Kenya qualification with at
least CPA, Part 3 certificate or CIA, CISA, or equivalent is preferred
- Working Knowledge of T24 core banking system
- Computer literate with good working knowledge of MS Windows
Office Suite.
- At least three years’ experience in bank operations.
- Able to analyse financial records and evaluate operations for
economy, efficiency and results
- Knowledge and application of modern auditing practices in the
Financial Services Industry.
- Interpersonal skills to effectively communicate with and
manage stakeholder expectations (internal and external).
- Good report writing and presentation skills.
- Self- drive and ability to work with minimum supervision.
How To Apply
If you believe that you have the required
qualifications and experience to fill in the above position, kindly send your
detailed resume together with a cover letter clearly indicating your current
remuneration to reach the undersigned by close of business on July 9,
2024:
Head of Human Resources
Credit Bank PLC,
P.O. Box 61064-00200,
Nairobi
Email: hr@creditbank.co.ke
