Business Process Audits – ()
Description
Job Purpose
The Manager, Business Process Audits will be responsible for managing internal audit assignments in accordance with the approved annual audit plan. The role holder will be responsible for execution of the Audit strategy through identification and reporting on all significant control weaknesses through the application of a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls and governance processes within the Group.
Key Responsibilities
1. Audit Planning and Execution
• Assist in the development and implementation of a risk-based annual internal audit plan aligned with the organization’s strategic objectives and risk profile.
• Conduct risk assessments to identify and prioritize areas of potential risk across the organization.
• Conduct various audit engagements, including operational audits, financial audits, and compliance audits
• Ensure that audits are conducted in accordance with professional standards and best practices, such as the Global Internal Audit Standards and relevant regulatory requirements.
• Evaluate the effectiveness of internal controls, risk management processes, and governance mechanisms.
2. Audit Reporting and Execution
• Prepare comprehensive audit reports, highlighting significant findings, recommendations, trends and potential areas for improvement.
• Present audit reports and findings to senior management, and relevant stakeholders.
3. Risk Assessment and Advisory
• Provide advisory services and consultative support to management on governance, risk management, control related matters and process improvements
• Participate in strategic initiatives, project teams or working groups to offer insights and recommendations from an internal audit perspective.
• Provide insights in the development and implementation of new policies, procedures or controls to enhance organisational effectiveness and efficiency.
4. Continuous Learning and Development
• Stay updated with emerging risks, regulatory changes, and industry best practices related to the financial services industry.
• Participate in training and professional development opportunities to enhance technical and auditing skills.
• Contribute to the improvement of audit methodologies andprocedures within the team.
5. Stakeholder Management:
• Establish and maintain effective communication and working relationships with senior management and other relevant stakeholders.
• Collaborate with external auditors, regulatory authorities, and other assurance providers to ensure effective coordination and avoid duplication of efforts.
Qualifications
Qualifications, Experience
• Bachelor’s degree in accounting or finance or business administration.
• CPA (K) or its equivalent. Other professional certifications such as Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA) are highly preferred.
• At least 5 years internal or external audit experience gained from reputable institutions preferably within the financial services industry.
• Proficiency with audit analytics software.
• Proficiency in use of MS Office applications
