RISK AND COMPLIANCE ANALYST 1 (BUSINESS ANALYST 1) – INTERNAL AUDIT & RISK DEPARTMENT
Closing Date: Monday, 27 Oct 2025 at 5.00 p.m.
Job Purpose
The role holder is responsible for providing support on all matters to audit team leader/SBOs on ensuring well audit documentation during evaluation of efficiency of controls within the bank.
Key Duties and Responsibilities
Roles and Responsibilities
1. Carry out audit and consultancy assignments.
2. Carry out special audit assignments as may be directed from time to time.
3. Document business processes and workflows for departments under review to ensure adequate audit coverage.
4. Prepare comprehensive, concise, and easy to follow working papers.
5. Draft Audit observations, risks, and action points for review by the team leader and Internal Audit Management.
6. Provide recommendations to management to address control issues identified.
7. Conduct periodic follow-up of prior audit recommendations.
8. Update the Audit team Leader and audit team with audit progress and audit issues.
9. Conduct investigations assigned by Audit Management.
10. Witness disposal and destruction of unserviceable notes and obsolete documents as per laid down procedures.
11. Coordinate with other sections in the audit department to achieve the outlined strategic objectives in the key result areas.
12. Carry out surprise checks of cash in Banking and Currency Departments.
13. Adhere to Bank policies, regulations and related legislations among other guidelines and principles.
14. Take responsibility for timely production of ad hoc and periodic reports.
15. Any other assigned duties and responsibilities.
Qualifications
1. A Bachelor’s Degree in Management, Economics, Insurance, Finance, or related discipline from a reputable university.
2. Professional qualification(s) in any of the following is an added advantage:
a) Certified Public Accountant (CPA).
b) Certified Internal Auditor (CIA).
c) Association for Chartered Certified Accountants (ACCA).
d) Certified Information Systems Auditor (CISA).
e) Certified Information System Security Professional (CISSP).
Work Experience
At least three (3) years’ work experience in relevant field.
Competencies
Technical Competencies
Good understanding of the following knowledge areas:
1. Financial accounting and finance.
2. Managerial accounting.
3. Impact of government legislation and regulation on business and economics.
4. Quality management frameworks.
5. Ethics and fraud.
6. Information systems operations, management, and control frameworks.
7. Governance, risk, and control frameworks.
8. Organizational theory, structures, culture, and customer behavior and satisfaction.
9. Internal audit standards, theory, and methodology.
Expertise in the following areas:
1. Computer assisted audit techniques (CAATs) and MS office suite.
2. Project management.
3. Business process analysis.
4. Balance scorecard.
5. Risk and control assessment techniques.
6. Governance risk and control: tools and techniques.
7. Data collection and analysis tools and techniques.
8. Problem solving tools and techniques.
Behavioral/ General Competencies
1. Ability to work collaboratively within a group of people to achieve a common goal.
2. Accountability and professional development – Ability to take and accept responsibility and outcome thereof in an open and transparent manner.
3. Ability to make apt decisions urgently and wisely.
4. Professionalism, work ethic & integrity – Ability to convey a high level of excellence, honesty, and competence on delivery of duty.
5. Ability to express information clearly and succinctly, orally and in writing, considering the audience and the nature of the information.
6. Ability to demonstrate concern for the expectations of customers and prioritize them as well as convey realistic expectations to both internal and external customers.
7. Ability to withstand operational challenges and maintain momentum.
8. Ability to check work to ensure accuracy. Adopt a disciplined approach to work and drive for closure, results, and success.
9. Responsive and active team player in line with Bank values.
10. Ability to make decisions without emotional attachment.
