Internal Auditor

Overview

• Lead internal audits to ensure compliance with regulatory standards and organizational policies, safeguarding financial assets effectively.
• Develop and implement comprehensive audit programs for departments and branches, enhancing operational integrity and risk management.
• Collaborate with external auditors and regulatory examiners to facilitate seamless audit processes and compliance reviews.
• Analyze financial records and operational procedures to identify risks and recommend improvements for efficiency and compliance.
• Prepare detailed audit reports with actionable recommendations to strengthen organizational controls and risk mitigation strategies.
• Stay updated on industry regulations and best practices, ensuring audits align with current standards and requirements.
• Provide guidance and training to audit staff, fostering professional growth and maintaining high-quality audit practices.
• Contribute to the development of policies and procedures aimed at enhancing organizational compliance and operational excellence.

Key Responsibilities & Duties

• Plan and execute audit engagements, assessing risks and ensuring adherence to established audit scopes and objectives.
• Evaluate the effectiveness of internal controls and risk management systems, proposing enhancements where necessary.
• Develop annual audit schedules based on risk assessments and resource availability, ensuring comprehensive coverage.
• Investigate discrepancies and suspicious activities, ensuring timely resolution and documentation of findings.
• Prepare and present audit reports, detailing findings, recommendations, and overall assessments to stakeholders.
• Maintain effective communication with auditees, fostering collaborative relationships and ensuring transparency during audits.
• Stay informed on emerging risks and regulatory changes, adapting audit practices to address new challenges.
• Participate in professional development activities, such as seminars and workshops, to enhance audit expertise.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Business, or a related field is required.
• Minimum of 5 years of experience in bank auditing, with a preference for 9 years in financial and compliance audits.
• Proficiency in risk assessment, audit planning, and developing effective audit schedules.
• Strong communication skills, both written and oral, with the ability to present findings clearly.
• Knowledge of regulatory requirements and advanced risk management techniques.
• Experience in managing audit teams and providing hands-on training to staff.
• Capability to prepare detailed audit reports with actionable recommendations for improvement.
• Commitment to professional development and staying updated on industry trends and standards.