The role of the Business Process Auditor is crucial for achieving the Group’s mission of transforming lives, giving dignity, and expanding opportunities for wealth creation. The Auditor is responsible for assisting in conducting internal audit assignments in accordance with the approved annual audit plan. The jobholder will apply a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls, and governance processes within the Group by identifying and reporting on all significant control weaknesses.
Job Responsibilities:
Audit Planning and Execution:
- Conduct audit fieldworks as guided by the audit manager.
- Assist in the development and implementation of a risk-based annual internal audit plan aligned with the organization's strategic objectives and risk profile.
- Conduct risk assessments to identify and prioritize areas of potential risk across the organization.
- Conduct various audit engagements, including operational audits, financial audits, and compliance audits.
- Ensure that fieldwork and audits are conducted in accordance with professional standards and best practices, such as the Global Internal Audit Standards and relevant regulatory requirements.
- Evaluate the effectiveness of internal controls, risk management processes, and governance mechanisms.
Audit Reporting and Documentation:
- Prepare comprehensive audit summary of findings highlighting significant findings, recommendations, trends, and potential areas for improvement.
- Present audit reports and findings to the audit manager and audit leadership.
Risk Assessment and Advisory:
- Provide advisory services and consultative support to management on governance, risk management, control-related matters, and process improvements.
- Participate in strategic initiatives, project teams, or working groups to offer insights and recommendations from an internal audit perspective.
- Provide insights in the development and implementation of new policies, procedures, or controls to enhance organizational effectiveness and efficiency.
Continuous Learning and Development:
- Stay updated with emerging risks, regulatory changes, and industry best practices related to the financial services industry.
- Participate in training and professional development opportunities to enhance technical and auditing skills.
- Contribute to the improvement of audit methodologies and procedures within the team.
- Train the internal audit team in their areas of strength.
Issue Follow Up:
- Create audit issues on teammate after completion of audit reviews.
- Follow up of audit items with the respective departments they support.
- Issue follow up with the client and ensuring issue validation and closure on teammate.
Stakeholder Management:
- Establish and maintain effective communication and working relationships with the audit manager and process owners and other relevant stakeholders.
- Collaborate with external auditors, regulatory authorities, and other assurance providers to ensure effective coordination and avoid duplication of efforts.
Qualifications and Experience
Education Qualifications:
- Bachelor’s degree in accounting or finance, business administration, IT or related field.
- CPA (K), Certified Internal Auditor (CIA) or their equivalent. Other professional certifications, such as Certified Information Systems Auditor (CISA) and Certified Fraud Examiner (CFE) are preferred.
Knowledge and Experience Required:
- At least 3 years internal, external audit or fraud experience gained from reputable institutions preferably within the financial services industry.
- Proficiency with audit analytics software, including Idea, ACL, etc.
- Proficiency in use of MS Office applications and audit software such as teammate, Audit Bond, etc.
