Job Description
Job Summary
- The Head of Internal Audit is responsible for providing independent and objective assurance on the effectiveness of the bank’s internal controls, risk management, and governance processes.
- The role ensures compliance with regulatory requirements, identifies operational and financial risks, and supports the achievement of the microfinance bank’s strategic objectives through a robust audit framework.
Key Responsibilities
- Develop and implement a risk-based annual internal audit plan.
- Conduct regular audits of credit operations, loan portfolio quality, treasury, finance, and branch activities.
- Ensure compliance with Central Bank guidelines, internal policies, and other regulatory requirements.
- Lead and supervise internal audit reviews and investigations.
- Promote a strong internal control and ethical culture across the bank.
- Present audit findings and risk insights to senior management and the Board Audit Committee.
Qualifications & Experience
- Bachelor’s Degree in Internal Auditing, Accounting
- Professional certification such as ACA, ACCA, ICAN, or CFA is required.
- 8–10 years’ experience in finance or accounting, with at least 3–5 years in a senior leadership role.
- Experience in IT audit within the Microfinance space is highly preferred
- Strong knowledge of financial regulations, IFRS, and Central Bank guidelines.
- Proficiency in financial software and Microsoft Excel.
Skills & Competencies:
- Strong understanding of risk and control frameworks.
- Strong analytical and problem-solving skills.
- Excellent report writing and presentation skills.
- High level of integrity and Professionalism.