The Audit Manager - Quality & Reporting - is crucial for overseeing the quality assurance processes and reporting functions within the Internal Audit department. This role ensures that all audit engagements are conducted strictly in accordance with professional standards, internal policies, and best practices. Furthermore, the role involves managing the preparation and delivery of comprehensive audit reports to various stakeholders. This role contributes directly to the bank's purpose of transforming lives, giving dignity, and expanding opportunities for wealth creation.
Job Responsibilities
Quality Assurance
- Develop and implement quality assurance policies, procedures, and methodologies for audit engagements.
- Monitor compliance with internal audit standards, such as the Institute of Internal Auditors' (IIA) Global Internal Audit Standards.
- Conduct periodic quality assurance reviews (QARs) on completed audit engagements to assess adherence to standards and internal policies.
- Identify areas for improvement and provide recommendations to enhance the quality of audit work.
- Collaborate with audit teams to address quality-related issues and ensure corrective actions are implemented.
- Participate in the delivery of audits and advisory assignments when required.
Audit Reporting
- Oversee the preparation and review of audit reports, ensuring clarity, accuracy, and completeness.
- Ensure that audit findings, recommendations, and conclusions are well-supported by documented evidence.
- Collaborate with audit teams to ensure that reports effectively communicate risk assessments and remediation plans.
- Develop and maintain templates, guidelines, and standards for audit report formatting and content.
- Coordinate the distribution of audit reports to appropriate stakeholders, including senior management, the Audit Committee, and external parties (if applicable).
Continuous Improvement
- Identify opportunities for enhancing audit processes, methodologies, and reporting practices.
- Stay updated with changes in professional standards, regulations, and industry best practices related to internal auditing.
- Collaborate with Head of Audits and Chief Internal Auditor to implement process improvements and updates to internal audit policies and procedures.
- Participate in the delivery of audits and advisory assignments when required.
Stakeholder Engagement
- Establish and maintain effective working relationships with internal audit teams, management, and external stakeholders.
- Communicate quality assurance findings, reporting issues, and recommendations to relevant parties.
- Represent the Internal Audit department in meetings and discussions related to quality and reporting matters.
Qualifications and Experience
Education Qualifications:
- Degree in Accounting, Finance, IT or a related field.
- Relevant professional certification (e.g., CIA, CISA, CPA) is preferred.
Knowledge and Experience Required:
- Minimum of 5-7 years of experience in internal auditing, with a focus on quality assurance and reporting.
- Thorough understanding of professional auditing standards, such as the IIA's Global Internal Audit Standards and relevant regulatory requirements.
