Nafasi za kazi Akiba Bank 2023

New Job Vacancies at AKIBA Commercial Bank July 2023, Nafasi za kazi Akiba Bank 2023, The position is responsible for establishing the Internal Audit vision and leading the internal audit function. He/she is specifically responsible for supporting the accomplishment of strategic objectives and helping ensure the established financial, operational and compliance practices, and related controls are designed and operating effectively.

Nafasi za kazi Akiba Bank 2023

The incumbent will also be responsible for examining and evaluating business activities and related risks for the purpose of ensuring regulatory compliance, safeguarding the Bank’s assets and improving its systems of financial and operational controls. He/she will lead a team of Internal Auditors whose scope of activities will be comprehensive including providing value-added analysis on business operations and internal controls and ensure that all the audit work conforms to the Standards of Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors. The position reports functionally to the Board Audit Committee and administratively to the Managing Director

Duties and Responsibilities

Develop the audit vision that provides timely quality information with absolute integrity to business leaders. Set the strategy for Internal Audit that is in alignment with the Banks strategy and priorities. Develop and maintain strong relationships and communication with the Board Audit Committee to ensure its concerns are addressed and expectations met. Oversee the reports to the Board Audit Committee and Senior Management Committee which addresses key business risks and control issues within the Bank. Develop and maintain strong relationships with the SMT, providing guidance and/or consultation in the development of strategies to improve financial and operational performance of the Bank, acts as an early warning system for business and financial risks. Nafasi za kazi Akiba Bank 2023

supports business ethics and integrity initiatives. Lead the development and implementation of internal audit work plans and programs, managing the audit team in assisting the business to implement controls and mitigate risks. Perform annual risk assessment during audit planning and develops a risk based annual audit plan for the approval of the Board Audit Committee. Work with the business and other units to proactively improve the compliance environment including compliance with regulations and internal policy and procedures. Stay abreast of the latest developments in ICT that impact the ICT risks in the bank. Draft, review and update Internal Audit policies and manuals for Board’s approval. Evaluate the adequacy and effectiveness of internal controls and the operating systems.

Assess the reliability of management information utilized in decision-making. Provide support in ensuring that audit activities are carried out as per the audit professional guidelines and other applicable guidelines. Work closely with all internal audit staff to ensure that the audit and review evidence gathered is up to the required professional standards and guidelines. Coordinate management actions and responses in respect to audit findings and observations. Oversee the execution of other tasks or special projects when required by management such as review of system implementations, due diligence reviews and internal investigations.

Develop and maintains strong working relationship with external auditors to ensure effectiveness of service delivery and appropriate resolution of findings/issues identified Develop an organizational competency in the audit function by maintaining a high performing workforce, identifying and integrating the best practices, technologies and resource configuration Achieve annual goals and budget targets by effectively managing resources and stakeholder requirements.