Internal Auditor at Stanbic IBTC

Position Description
• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.
• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities
• Having strong understanding of bank operations.
• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.
• Applying in-depth level of expertise in branch banking operations including: ATM/Vault management, Credit, blank forms handling, physical security, etc.
• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.
• Delivering timely high quality audit reports
• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.
• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.
• Reporting monthly and quarterly and annual audit results; issues validation;
• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures
• Meeting quarterly audit plan targets.
• Submission of monthly, quarterly and annual reports to GIA and senior management.
• Budgetary expenditure variances to be positive.
• Level of legitimate complaints from customers and team to be nil or minimum.
• Positive feedback from Head, Internal Audit
• Positive feedback from Internal Auditors.

Internal relationships
• Continuous communication with the Team Lead or Head, PBB/Business Support Audit to get advice and guidance.
• Consult with the Team Lead or Head, PBB/Business Support Audit to get ad hoc assignments and to obtain feedback on work done.
• Hold regular Portfolio Management discussions with auditee/stakeholder management to assess inherent risks and to obtain feedback on work carried out.
• Communication with the Team Lead or Head, PBB/Business Support Audit on progress with regard to the annual audit plan.

External relationships
• Relate with labour unions where necessary.
• Develop and maintain relationships with External Audit Institutions and Regulators to receive guidance and keep abreast with changes and developments.