Subsidiary Auditor at First Bank

DUTIES & RESPONSIBILITIES

• Participates in the risk-based internal audit review of Subsidiaries.
•  Assists in executing effective risk assessment of the subsidiaries and provide input into the annual /quarterly audit plan for Board approval.
• Support in developing a systematic and disciplined approach for the Unit’s internal audit performance standards by implementing appropriate risk-based methodologies and auditing frameworks.
• Ensures the audit area(s) assigned is delivered within cost and time budget.
• Continually assesses, evaluates, and reports to the Team Lead, Subsidiaries Audit on emerging issues, industry trends and events affecting the Bank/ Subsidiaries, to enable the development of pro-active controls and monitoring mechanisms.
• Participate in the preparation of draft Terms of Reference, Audit Working Plan, Engagement budget etc. and partakes in all formal audit meetings (including exit and entry) with clear deliverables and communication strategy.
• Provides support role to the Team Lead in the execution of audit assignments and ad-hoc projects.
• Conducts process documentation, Walkthrough documentation, and test of control and procedures during fieldwork
• Reviews documents, prepares work papers and Issues Summary for the Team Lead’s review.
• Participates in the preparation of draft final reports to the Board of Directors of Subsidiaries
• Evaluates the adequacy and effectiveness of internal control system in the Subsidiaries.
• Assists in conducting investigations and report on violations of policies.
• Participate in Knowledge sharing sessions.
• Comply with the principles and policies in the Information Security Handbook

JOB REQUIREMENTS

Education

Minimum Education: First Degree preferably in a Business-related degree; Professional certification, ACA, ACIB, etc.; Higher degree MBA, MSC (additional)

Experience

Minimum experience – 2 years in General Banking and Audit