The role of the Business Process Audit Manager at Equity Bank Kenya is to manage internal audit assignments in accordance with the approved annual audit plan. The Manager is crucial for identifying and reporting on all significant control weaknesses by applying a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls, and governance processes within the Bank.
Key Responsibilities:
- Assist in the development and implementation of a risk-based annual internal audit plan aligned with the Bank's strategic objectives and risk profile.
- Identify skills and competencies required to deliver the annual plan and ensure responsiveness to the rapidly changing risk profile of the Bank.
- Take ownership and responsibility for their portfolio and engage actively with the business before, during, and after the audit.
- Allocate assignments under the internal audit plan to respective audit teams in liaison with the General Manager.
- Oversee audit planning, field work, and audit reporting; prepare reports and communicate findings and recommendations to Senior Management.
- Review draft reports, provide feedback on the quality of the reports, draft findings, and suggest additional areas for analysis.
- On a monthly basis, prepare briefs on audit status in terms of coverage and emerging issues to the General Manager.
- Regularly meet with departmental heads to present audit findings and agree on corrective actions and timelines for implementation.
- Conduct follow-up audits to monitor management’s interventions.
- Assist the General Manager to prepare Board Papers as required.
- Undertake performance evaluation, training, and development of internal audit staff, ensuring quality standards are upheld. The Manager will ensure that staff are appraised (at least quarterly) and the results discussed with the General Manager.
- Induct new staff into the department.
- Provide administrative support to audit staff as required.
- Perform administrative roles assigned by the GM from time to time.
- Leverage technology throughout all audit and administrative processes with a goal to maximize efficiency and improve audit effectiveness.
- Ensure Audit staff engage in continuous knowledge development regarding banking sector’s rules, regulations, best practices, tools, techniques, and performance standards.
Qualifications and Experience:
Education Qualifications:
- Bachelor’s degree in accounting, finance, or business administration.
- Masters degree will be an added advantage.
- CPA (K) or its equivalent.
- Proficiency with CAATs like Alteryx, TeamMate, PowerBI.
- Proficiency in use of MS Office applications.
Knowledge and Experience Required:
- At least 8 years of internal or external audit experience gained from reputable institutions.
- Demonstrated in-depth understanding of the internal audit process, internal controls, and risk assessment.
- Great customer focus skills and attention to details.
- Excellent interpersonal, communication, and report writing skills.
- Ability to work with diverse teams and to adapt to a fast-changing environment.
- Demonstrate ability to prepare timely, constructive, and actionable audit and risk assessment reports.
- Results oriented and ability to meet strict deadlines.
- High level of independence and integrity.
- Good analytical and problem-solving skills.
