Manager, Internal Audit, JMMB Investments and JMMB Securities (Chaguanas)

The Manager, Internal Audit supports the Country Chief Internal Auditor in executing audit engagements, promoting good governance, and enhancing internal controls across JMMB Group TT. The role includes leading the audit team, addressing performance issues, and driving continuous improvement.

Job Summary:

The Manager, Internal Audit is responsible for supporting with the effective execution of the end-to-end process of all assigned audit engagements for the entities within JMMB Group TT in keeping with the definition of Internal Auditing, the Code of Ethics and Standards. The Manager, Internal Audit supports the Country Chief Internal Auditor to promote good corporate governance towards achieving the Internal Audit Activity objectives.

 The incumbent applies audit knowledge and experience to various internal audit gaps, scenarios and potential flaws within the organizations’ policies, procedures and internal processes by effecting appropriate risk and control measures to mitigate against future occurrences. The manager communicates identified issues to the Country Chief Internal Auditor to ensure any potential concerns are addressed in a timely and effective manner. 

 The Manager, Internal Audit supports the Country Chief Internal Auditor in the execution of the strategic initiatives. This leader actively manages, coaches and directs daily activities of the Internal Auditors to enhance performance, and deals promptly with performance and behavioral challenges within the Department to foster continuous improvement and development of the team and department as a whole.

Key Responsibilities:

• Execution of audit plans, investigations, and special reviews
  • Responsible for executing the end-to-end process of all assigned audit engagements for the entities with JMMB Group TT working under the direction of the Country Chief Internal Auditor.
• Continuous process improvements coming out of audit and reporting.
  • Applies his/her knowledge and experience to various internal audit gaps, scenarios and potential flaws within the organizations’ internal processes and procedure by effecting appropriate risk and control measures to mitigate against future occurrence. The manager communicates identified issues to the Country Chief Internal Auditor to ensure any potential concerns are addressed in a timely and effective manner.
• Strategy Execution
  • The Manager, Internal Audit partners with the Country Chief Internal Auditor to execute on the Internal Audit Activity strategic objectives.
• Performance Management
  • Actively manages, coaches and directs daily activities of direct reports to enhance performance and deals promptly with performance and behavioral challenges within the Department.
• Clients/Recommended Statements
  • Manages the successful execution of the end-to-end Audit Plan for each company in accordance with the approved Internal Audit strategic direction by leveraging a risk-based approach; determine audit scope; identify risks and implications to ensure that internal processes and procedure are being adhered to by the businesses.
  • Assist with the conduct of investigations of irregularities discovered by or brought to the auditor’s attention.
  • Assists with the management and reporting of audit recommendations coming out of audits and internal investigations, making clear and practical recommendations, monitors status updates to improve operational efficiency and effectiveness.
  • Collaborate with the business by overseeing the resolution of findings from audits and investigation.  Monitor to ensure that corrective actions recommended by the Internal Audit Activity are addressed timely to reduce risk to identified risks.
  • Execution of other Internal Audit duties that are assigned on occasion.
• Special Reviews and Investigations 
  • Assists with the conduct of investigations of irregularities discovered by or brought to the auditor’s attention.  
  • Manages the performance of pre or post implementation reviews in support of strategic initiatives for the Company.
  • Perform other consulting services as required, consistent with the goals, objectives, and responsibilities of the Internal Audit Activity and with the approval of the Board Audit and Compliance Committee.  
• Reporting
  • Prepare clear, effective, concise, and timely internal audit reports for submission to the Country Chief Internal Auditor for approval.
  • Prepare status reports and updates on upcoming audits in keeping with the Risk Based Internal Audit Plan and on the implementation of audit recommendations for timely submission to the CCIA, Senior Management and the Audit Committee.
  •  Prepare other ad hoc reports as directed.
• Leadership
  • Manage the performance and development of direct reports through continuous coaching, oversees daily activities, engagement and recognition of the team’s successes and promptly acting on and communicating on low performance.
  • Communicate team and organizational objectives; inspire and motivate team members to achieve results.
  • Conduct timely performance appraisal reviews within timelines for team members. Share knowledge and develop team member’s capabilities to strengthen understanding of Internal Audit best practices, internal audit technical aspects, the industry, business and regulatory requirements.

Qualifications (Education & Certification):

• Bachelor’s Degree in Management/Finance/Accounting or equivalent professional qualification, e.g. ACCA.
• Professional Certification in Internal Auditing, Fraud, Compliance, Finance, IT or other related field.
• A Master’s degree in related discipline would be an asset. 

Experience:

• At least six (6) years internal auditing experience of which two (2) should be within a financial services institution at a management level.
• Comprehensive knowledge of the regulations applicable (CBTT, TTSEC, TTSE, POCA etc.) to companies in the Group.
• Excellent knowledge of auditing frameworks and standards such as COSO and International Standards for the Professional Practice of Internal Auditing.
• Excellent knowledge of financial business operations and expected controls.

Other Skills:

• Excellent ability to communicate, both verbally (including presentations) and in writing.
• Strong critical thinking and listening skills.
• Adequate investigative skills.
• Strong skills in time management, negotiation and problems solving skills.
• Commitment to continuous learning. 
• Excellent ability to manage and execute several concurrent projects without supervision.
• Must be computer literate, with good working knowledge of key desktop and Microsoft Excel, Word, Access operating systems.
• Excellent inter-personal and team leadership skills, with a proven ability to maintain confidentiality.
• Ability to establish and maintain harmonious working relationships within the team and both internal and external clients, working effectively and professionally in keeping with the code of ethics.