Nafasi Za Kazi NMB Bank Chief Internal Audit

Job description

This position is open to Tanzanian nationals only

Job Purpose:

The job holder is responsible to provide the BARCC, management and other stakeholders with risk based, objective and reliable assurance, advisory services and insights on controls, risk management and governance matters using leading practices supported by appropriate technology.

Key Responsibilities:

Lead the development and implementation of internal audit work plans and programs, managing the audit team in assisting the business to implement controls and mitigate risks

Work with the business and other units to proactively improve the environment

Be accountable for third line of defense

Stay abreast of the latest developments in ICT that impact the ICT risks in the bank and the possibilities to investigate using ICT

Prepare a risk based annual audit plan for the approval of the Board Audit Committee

Draft, review and update Internal Audit policies and manuals for Board approval

Identify the relevant operating risks that may affect the organization and assess their likelihood of occurrence and the potential impact on the business

Evaluate the adequacy and effectiveness of internal controls and the operating systems

Provide support in ensuring that audit activities are carried out as per the audit professional guidelines and other applicable guidelines (International Professional Practices Framework (IPPF) by the Institute of Internal Auditors (IIA)

Review audit findings with auditors, appraise the management and report to the Board Audit Committee

Coordinate management actions and responses in respect to audit findings and observations

Carry out investigations and special audits as requested by management, Board, or red flags noted by auditors

Stakeholder management with Bank of Tanzania
Manage the Audit team (30 staff), hierarchically and functionally, supporting the direct reports in their professional development. Reach the results through the team developing and executing the department’s strategy and plan

Attributes:

Impeccable integrity
Objectivity
ICT audit
Apply data analytics
Investigative skills
Eye for detail in checks and balances, rules and processes, risk and governance
Multi stakeholder management: report to BARCC, Board and regulator
Sound understanding of International Professional Practices Framework (IPPF), which comprises standards, code of ethics and principles for the professional practice of internal audit
Passion for internal audit in NMB, current state and future developments

Key competences:

Execution: achieving results through others, leading team, peers etc.
Collaboration: creating synergies through working in partnership, teamwork
Change Potential: driving and responding to change

Qualifications and experience:

Master’s degree in Finance or related field gained from a recognized university
Accounting certification (CPA, ACCA or equivalent) is required
Certified Internal Auditor (CIA) qualification (issued by IIA) is preferred
Membership of the Institute of Internal Auditors (IIA) is preferred
Membership of accounting professional body is required
Information Systems Auditing Certification (CISA) is preferred
Post graduate qualifications in banking is an added advantage
15+ years’ audit, ICT audit or accountancy experience, 5 years at senior management level
Proven track record in audit or accounting in banking or a leading audit firm