Looking for an audit job in Kenya? ABC Bank is hiring a manager- audit & controls to help in ensuring the team’s work to guarantee quality. The position is based in nairobi and full understanding of all the bank products, policies and procedures is required.

Role Overview

Reports to: Reports directly to the Group Head of Internal Audit & Controls.

Primary Objective: The incumbent will assist the Group Head of Internal audit & Controls in the development and/or execution of the annual audit plan, strategy, budget, staff training requirements, and innovation initiatives to improve the Bank/department processes.

Core Mandate: Manager – Internal Audit & Controls is required to spearhead execution of information systems, operations and Financial audits, both technical and end-user across the ABC Bank Group. He is also required to undertake special investigations, provide advice to the business on a broad range of issues as and when required, and support business growth & process improvements while working closely with other departments and in line with Internal Audit Methodology, processes procedures and time frames.

Responsibilities or duties

The incumbent will perform the amongst others the below responsibilities;

Methodology & Charter: Support the Group Head of Audit & Controls in managing, embedding, and continuously improving the Internal Audit Methodology and Charter in conformity to Audit Standards. Contribute to the development and enhancement of the Internal Audit function, including refining methodology, updating the charter, policies and procedures.

Audit Planning: Lead annual risk assessments and develop comprehensive audit plans. Implementing risk-based audit planning and assist the Group Head in evaluating the effectiveness of the audit plan throughout the year.

Controls & Risk Management: Oversee special engagements and monitor the effectiveness of risk management controls to ensure they meet the Bank objectives. Oversee the review of the Risk Control Matrix and audit ratings.

Team Leadership & Quality Assurance: Provide technical and management guidance to team leaders and auditors through regular internal training sessions, ensuring they are equipped with the necessary skills and knowledge. Supervise and review the audit team’s work to guarantee quality, adherence to audit standards, and compliance with timelines and methodologies. Conduct peer reviews of working papers, lead documents, and draft reports. Perform peer reviews of audit documentation, including working papers, lead papers, and draft reports.

Investigations: Lead investigations into allegations of fraud, misconduct, or unethical behaviour. Gather evidence, conduct interviews, and collaborate with relevant stakeholders to resolve issues effectively.

Follow-up & Tracking: Manage follow-up audits by tracking the implementation of agreed actions and verifying their completion before closing audit findings. Maintain continuous communication with business units to address any emerging risks.

Ad-hoc Duties: Execute additional internal audit duties as assigned by the Group Head of Internal Audit & Controls, adapting to the evolving needs of the department.

Qualifications or requirements

• University Degree in Business, Accounting, Finance, IT, Banking.
• MBA is an added advantage.
• CPA (K) or ACCA finalist.
• CISA and/or CIA are an added advantage.

Experience needed

At least 7 years audit experience; preferably 2 years of which are in a banking environment.

Banking or financial services experience to provide a broad based understanding of the various business units would be an advantage.

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

Key Skills & Competencies

• Stakeholder management
• Leadership
• Audit methodologies
• Data Analytics skills
• Technical proficiency
• IT Systems audit exposure

Operational Requirements & Professional Ethics

The job requires full understanding of all the bank products, policies and procedures.

The jobholder must see to it that the policies and procedures in place are being adhered to.

Certain issues require consultation with management and other bank officials in order to agree on the most appropriate internal controls.

Reports produced must be concise capable of being understood, and at the same time elicit action from the management.

Auditor is required to perform duties with utmost independence and objectivity while adhering to professional code of ethics stipulated by ICPAK and IIA.

As per the Bank policies and procedures.

• Support the Group Head of Audit & Controls in managing, embedding, and continuously improving the Internal Audit Methodology and Charter in conformity to Audit Standards.
• Contribute to the development and enhancement of the Internal Audit function, including refining methodology, updating the charter, policies and procedures.
• Lead annual risk assessments and develop comprehensive audit plans.
• Implementing risk-based audit planning and assist the Group Head in evaluating the effectiveness of the audit plan throughout the year.
• Oversee special engagements and monitor the effectiveness of risk management controls to ensure they meet the Bank objectives.
• Oversee the review of the Risk Control Matrix and audit ratings.
• Provide technical and management guidance to team leaders and auditors through regular internal training sessions, ensuring they are equipped with the necessary skills and knowledge.
• Supervise and review the audit team’s work to guarantee quality, adherence to audit standards, and compliance with timelines and methodologies.
• Conduct peer reviews of working papers, lead documents, and draft reports.
• Perform peer reviews of audit documentation, including working papers, lead papers, and draft reports.
• Lead investigations into allegations of fraud, misconduct, or unethical behaviour.
• Gather evidence, conduct interviews, and collaborate with relevant stakeholders to resolve issues effectively.
• Manage follow-up audits by tracking the implementation of agreed actions and verifying their completion before closing audit findings.
• Maintain continuous communication with business units to address any emerging risks.
• Execute additional internal audit duties as assigned by the Group Head of Internal Audit & Controls, adapting to the evolving needs of the department.

• Stakeholder management
• Leadership
• Audit methodologies
• Data Analytics skills
• Technical proficiency
• IT Systems audit exposure

• University Degree in Business, Accounting, Finance, IT, Banking.
• MBA is an added advantage.
• CPA (K) or ACCA finalist.
• CISA and/or CIA are an added advantage.