Internal Audit Manager-Financial Services Sector

The incumbent manages internal audit projects within assigned sectors, contributes to audit planning, ensures full execution of audit plans, promotes strong governance standards, and coaches junior audit team members.

Internal Audit Manager-Financial Services Sector

Position Summary:

The incumbent is responsible for the management of the all the internal audit projects in the assigned sectors. This includes contributing towards the development of the audit plan, driving complete execution of the audit plan and driving Management towards high level of governance. The incumbent is also responsible for coaching junior members of the internal audit team.

Responsibilities:

• Evaluates key risks in the audit areas, establish audit objectives, audit scope and create audit programs.
• Leads risk based financial, operational and compliance Internal Audits, business performance reviews and special investigations in accordance with the department’s risk management framework and International Standards on Internal Auditing as prescribed by the IIA.
• Supports the Head, Internal Audit, Financial Services Sector in the enhancement of good corporate governance across the Financial Services Sector.
• Drives improvement in the organization's processes and controls.
• Identifies "leading practices”- which can be deployed across the Group.
• Establishes a reputation of being a value-added service to the business and corporate functions.
• Develops timetables and schedules in order to manage the audit plan effectively.
• Ensures the timely completion of audit fieldwork by directly supervising support staff and reviewing their work papers ensuring that the documentation standards have been satisfied.
• Communicates audit results to business unit management, internal audit management and the Audit Committee.
• Prepares governance reports as needed such as scorecards and Audit Committee reports.
• Develops audit staff by effective supervision, the provision of on-the-job training and performing assessments of their training needs.
• Effectively monitors and reports on the implementation of corrective action by audit clients.
• Performs consulting and other assignments as needed.
• Provides support on issues relating to internal controls, remediation advice, regulatory requirements and other compliance areas.
• Sensitizes the Head, Internal Audit - Financial Services Sector to issues pertaining to or indicative of fraudulent type activities or exposures.

Education & Qualifications:

• ACCA, CIA, CISA qualification or Degree in an Accounting or related field.

Training:

• Computer literate. Strong knowledge of Microsoft Office, including Word, Excel, PowerPoint, Visio and Outlook.
• Ability to interact and build rapport quickly with all levels of the organization inclusive of Line Managers and Executives.

Experience:

• 6-10 years’ experience in Internal Audit.
• At least 2 years working within the industry.

Technical Skills:

• Analytical Skills - The ability to comprehend a situation by breaking it down into its components and identifying key or underlying complex issues.
• Attention to Detail - Thoroughness in accomplishing a task through concern for all the areas involved, no matter how small. Monitors and checks work or information and plans and organizes time and resources efficiently.
• Collaboration/Teamwork- Develops cooperation and teamwork while participating in a group, working toward solutions which generally benefit all involved parties.
• Communication: Oral/Written - Effectively transfers thoughts and expresses ideas orally or verbally in individual or group situations.
• Discernment/Judgement - Makes decisions authoritatively and wisely, after adequately contemplating various available courses of action.
• Initiative - Does more than is required or expected in the job; does things that no one has requested that will improve or enhance products and services, avoid problems, or develop entrepreneurial opportunities.