Job DescriptionJob PurposePlan and execute audit assignments in accordance with the standards laid out by the bank's audit methodology by ensuring the assigned phases of the audit assignments are executed in an effective and efficient manner.Key ResponsibilitiesAssist Head of the Department in preparing a comprehensive, long-range Audit Plan covering all the Audit activities, prioritizing the audit assignments based on a risk assessment, and scheduling of follow-up activities, in an effective and efficient manner.Performs survey of functions and activities in assigned areas to determine nature of operations and adequacy of system of control to achieve the objectives of audit assignment.Prepares the audit plan to conduct the audit and prepares the Audit work program, in line with department standards.Assist the Auditors in performing of individual audit tasks, to conduct the audit efficiently and to address the major risks of the auditable activity.Performs the audit of individual activity assigned to him to achieve the planned audit objectives in a professional manner.Make presentations to the management during and at the conclusion of the audit, in order to discuss observations and recommend corrective action to improve operations.Prepare/Reviews and edits the Draft / Final Audit Report, action plan and executive summary, in line with department standards.Follow up with auditee to get an update on the audit action plan and appraise the adequacy of corrective actions taken as per the audit recommendation.Assists in the implementation of the department Quality Assurance Program to ensure that the department is functioning at a high level of efficiency and effectiveness.Provides input for the revision of audit programs/review approach to achieve specific objectives in more effective/efficient manner.Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.Competencies/SkillsEducationMinimum Bachelor's Degree Professional Certificate (CA/CPA/CIA/CISA etc. equivalent qualification is an added advantage).Work ExperienceMinimum 6 - 8 Years of auditing financial/other sectors - preferably three years in a banking environment at senior position.
