Career Opportunities at a Microfinance Bank

Department INTERNAL AUDIT

Reporting Manager MD, Board.

Role Summary
The successful candidate will be responsible for performing and executing financial, operational and compliance assurance in order to review the quality and effectiveness of the controls within the Bank and to manage/mitigate risk and protect the assets of the Bank.

Key Responsibilities

• Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Prepares for and conduct financial and operational audits, examinations, internal control reviews and special investigations of Bank’s on a regular basis.
• Keep current with developments and regulatory/legislative changes in the financial services industry, governing regulatory landscapes, and auditing profession.
• Review, analyze and verify annual reports, financial statement and other records using accepted accounting and statistical procedure to assess financial condition and facilitate audit planning.
• Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud or non-compliance with laws, regulations and management policies.
• Review data about Bank’s asset, net worth, liabilities, capital stock, surplus income and expenditures and present information to MD/broad that will aid in corporate decision making.
• Coordinate and liaisons with the independent/external auditors to ensure year-end audit control testing by internal audit is performed efficiently effectively, timely and at a minimum meets their expectations and requirements.
• Proactively follows up to ensure managements’ action plans are progressing and addressing the risk exposures and control observation previously highlighted by internal audit and other internal and external assurance option (i.e) compliance regulators and independent auditors)
• Develop and maintains key relationship with all members of the organization including staff, management and external stakeholders to ensure productive communication and engagement
• Other duties assigned by MD/Board