Head Of Internal Audit – Head Office and Branch Audits at NMB Bank Plc

• Develop and execute risk based annual internal audit work plans and programs approved by the Board.
• Assist the Chief Internal Auditor to draft, review and update Internal Audit policies, strategy and manuals for Board approval.
• Manage the audit team in assisting the business to implement controls and mitigate risks
• Lead discussions with business leaders regarding audit observations and root cause of issues, coordinate management actions and responses.
• Stay abreast of the latest developments in ICT that impact the ICT risks and cyber security in the bank and the possibilities to investigate using ICT.
• 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 prepare reports for CIA to the Board Audit Committee raised by external auditors
• Carry out investigation and special audits as requested by management, Board, or red flags noted by auditors
• Stakeholder management with the bank, Bank of Tanzania and external auditors/consultants
• Departmental budget planning, implementation, and cost control.
• Manage the Audit team, hierarchically and functionally, supporting the direct reports in their professional development. Develop and execute the department’s strategy and plan; achieve results through the team.
• Ensure full compliance, provide insights as well as monitor the implementation of various consumer protection requirements across business area/Unit
• The position is also responsible for coaching and developing audit staff and managing the department budget planning and control.

• Bachelor’s degree or its equivalent in business studies (Accounting, Finance, Economics) from a recognized university
• Must be registered member with the NBAA as a Certified Public Accountant
• Possession of professional auditing or accounting qualification i.e., CIA, ACPA, CISA, ACCA and a post graduate degree in business or finance is an added advantage.
• At least 7 years’ experience in audit 4 of which should be at managerial level in a bank or an audit firm responsible for financial institutions.NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer

METHOD OF APPLICATION

Submit your CV and Application on Company Website: Click Here

Application Deadline: 20th October. 2022