Lead Auditor, Wealth at Stresert Services Limited

Job purpose

• 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 the business.
• Developing and executing a robust Audit Plan by business entity, in accordance with internal policies, government regulations and Internal Audit professional practice standards.
• 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.
• Managing audit activities for a product line, process/function or legal entity.
• Applying in-depth level of expertise in several of the Bank’s functions including: Internal Financial Control (IFC), Credit, Procurement, Compliance, Information Technology, 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; all reports emanating from the department should be checked for correctness.
• Managing a small to medium sized team of audit professionals; recruiting staff; developing talent; building effective teams and leading their professional development.
• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.
• Maintaining mutually beneficial relationships with business line management, external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.
• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.
• Monitoring staff performance standards for purposes of motivation, disciplining, counseling and rewarding.
• 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.

 Competencies required:

Qualifications

• Possess of a first degree; a professional qualification such as CIA, CISA, CIMA, ACCA, ACA, COBIT or similar.

Experience

• At least 6 years of experience in audit including pension, asset management, and other relevant wealth management audit experience.