The role of the Assistant Manager, Business Assurance is centered on ensuring the adequacy and effectiveness of the bank’s governance, risk management, and control processes, and confirming compliance with legal standards and internal policies.
Job Purpose
The jobholder is responsible for planning and carrying out specific audit exercises on bank operations in an efficient, economical, and effective manner in order to give assurance on the adequacy and effectiveness of the bank’s governance, risk management and control processes as well as ensure compliance with the legal requirements and the Bank’s approved policies and procedures.
Key Responsibilities
Audit Planning and Execution
- Contribute to assigned audits by assessing reports, incidents, risks, data analysis, governance frameworks, external requirements, among others offering input to the Manager, Assurance.
- Document planning work, including document analysis and risk assessment.
- Develop planning documents, secure alignment on goals, methodology, scope, and risks with Manager, Assurance.
- Prepare audit tests with guidance from Manager, Assurance to match objectives and maintain efficiency.
- Document audit evidence and working papers to support conclusions and recommendations.
- Ensure completed audit engagements according to the agreed plan and timescale.
- Continuously assess audit objectives, test goals, and risks for comprehensive coverage.
- Prepare draft audit reports highlighting significant exposures, control deficiencies, and key risks with guidance from the Manager, Assurance.
- Collaborate with audit clients for accurate root causes and relevant management actions.
- Close projects in audit software for streamlined implementation tracking.
- Assist in follow up and disposal of cleared audit issues logged from previous audits, collaborate with peers on special audits as well as perform any other assignments that may be delegated by the Manager, Assurance.
Knowledge Management
- Improve technical knowledge through self-learning or training by keeping in touch with trends and information.
- Share knowledge with IA colleagues and peers as well as within the client departments.
Collaboration
- Maintain day-to-day communication within the internal audit department and with other departments.
- Work closely with all functional managers within I&M Bank.
Qualifications and Experience
Academic Qualifications
- Bachelor’s degree in finance, Accounting, Business or any other related course.
Professional Qualifications / Membership to professional bodies
- Certified Public Accountant (CPA).
- Member of ICPAK.
- Certified Internal Auditor (CIA).
- Certified Information Systems Auditor (CISA).
Work Experience Required
- Over five (5) years in a similar role in a similar sized organization.
Competencies
- Planning & Organizational skills.
- Analytical skills and attention to detail.
- Strong oral and written communication skills.
- Interpersonal skills to manage stakeholders at all levels.
- Ethics and integrity.
- Excellent judgment and analytical abilities and impeccable integrity.
- Strong commercial awareness and an ability to connect to business goals.
- Banking Knowledge.
- Risk Knowledge.
