The Capital Markets Authority (CMA) is a statutory agency established with the responsibility of regulating and developing an efficient capital market in Kenya. The Authority plays a central role in fostering transparency, stability, and growth in the financial sector, thereby contributing to national economic development. Its mandate encompasses oversight of licensed market intermediaries, investor protection, promotion of fairness, and enforcement of compliance with set laws, policies, and regulations.
As part of its ongoing commitment to strengthen operational integrity and accountability, the Authority is seeking applications from qualified candidates to fill the position of Temporary Assistant – Internal Audit. This opportunity offers a fixed-term engagement of six (6) months, during which the successful applicant will contribute to the internal assurance function by assisting with audits, compliance reviews, and process evaluations within the Authority.
The role presents a valuable opportunity for professionals in the fields of auditing, risk management, and compliance who aspire to gain practical exposure within a statutory financial regulator. The appointed individual will report directly to the Director of Internal Audit and will actively contribute toward ensuring the Authority’s operations adhere to best practices, relevant legislation, and institutional policies.
The Capital Markets Authority is an equal opportunity employer and is firmly committed to diversity and inclusion. Persons living with disabilities are strongly encouraged to apply.
Position Overview
Job Title: Temporary Assistant – Internal Audit
Number of Positions: One (1)
Contract Type: Fixed-Term (Six Months)
Reporting To: Director, Internal Audit
Location: Nairobi, Kenya
This role is specifically tailored to support the internal audit function of the Authority by ensuring systematic reviews of operational processes, identification of control weaknesses, and verification of compliance with applicable standards. The successful applicant will work under close supervision but with substantial responsibility to independently conduct audit assignments, prepare audit documentation, and generate reports.
Key Responsibilities
The duties and responsibilities attached to the Temporary Assistant – Internal Audit position are multi-faceted and demand a keen eye for detail, strong analytical capabilities, and professional discipline. The appointee will be expected to execute the following tasks:
- Conducting Operational Audits:
Reviewing operational procedures, systems, practices, and records to ascertain adherence to established laws, regulations, and policies. This includes measuring the consistency of such procedures against the Authority’s strategic objectives and goals as articulated in its internal audit work plan. - Identification and Documentation of Control Weaknesses:
Systematically identifying gaps, inefficiencies, and risks within operational and financial systems. The role requires preparing clear documentation of these control weaknesses and recommending feasible and practical improvements to strengthen the internal control environment. - Preparation of Audit Work Plans and Programmes:
Developing structured engagement plans that define the scope, objectives, and methodology for each audit assignment. This involves formulating audit programmes that detail the steps necessary to achieve comprehensive and objective audit outcomes. - Verification of Transactions:
Vouching transactions in the course of audit verification assignments to confirm accuracy, authenticity, and compliance with applicable rules. This responsibility requires meticulous attention to detail to ensure that records are free from misstatement or irregularity. - Collection and Collation of Audit Data:
Gathering relevant financial and operational data to facilitate the audit process. The incumbent will be responsible for collating this data into a structured format that can be analyzed and utilized in forming audit conclusions. - Monitoring Implementation of Audit Recommendations:
Tracking the progress of remedial actions taken by management in response to audit findings. The individual will ensure that recommendations provided in prior audit reports are acted upon within the stipulated timelines, thus closing identified gaps. - Special Audit Assignments:
Undertaking ad hoc audit reviews as may be directed by the Director of Internal Audit. These assignments may include investigative reviews or thematic audits requiring discretion, adaptability, and independent judgment. - Maintenance of the Audit Management System:
Ensuring that the Authority’s audit management system is updated in line with prescribed audit guidelines. This includes the electronic filing of audit evidence, working papers, and finalized reports to preserve institutional memory and facilitate transparency. - Evidence Gathering and Review:
Obtaining sufficient, relevant, and reliable audit evidence to substantiate findings. The role demands critical review of evidence to ensure that conclusions drawn are defensible, logical, and adequately documented. - Drafting of Audit Reports:
Preparing audit reports for assignments undertaken, including a detailed description of observations made, areas of non-compliance identified, and recommendations for resolution. Draft reports must be clear, professional, and aligned with institutional reporting standards.
Minimum Qualifications and Experience
Applicants must meet the following minimum requirements to be considered for appointment:
- A Bachelor’s Degree in Commerce, Finance, Business, or a closely related field.
- Professional qualifications such as CPA II or CIA II, or above, will be considered an added advantage.
- At least one year of relevant experience in auditing, risk management, compliance, or an equivalent function.
Key Skills, Knowledge, and Competencies
To perform effectively in this role, the successful applicant must demonstrate competence in the following areas:
- Proficiency in Computer Applications: Ability to use productivity software and audit tools effectively to process and analyze data.
- Report Writing Skills: Capacity to produce clear, structured, and professional audit reports that convey findings and recommendations.
- Analytical Skills: Strong ability to interpret data, identify patterns, and assess risks or anomalies within financial and operational systems.
- Financial Analysis: Competence in analyzing financial data, identifying discrepancies, and interpreting trends to inform audit findings.
- Understanding of the Audit Process: Sound knowledge of audit standards, procedures, and methodologies.
- Professional Scepticism: A questioning mind and critical assessment of audit evidence to ensure findings are objective and well-grounded.
- Decision-Making Ability: Skill in interpreting information and making informed judgments based on evidence.
- Communication Skills: Excellent verbal and written communication to engage effectively with colleagues, management, and stakeholders.
Contract Period
This position is offered on a six-month fixed-term contract. The temporary nature of the engagement makes it suitable for professionals seeking short-term opportunities to strengthen their skills and broaden their experience in internal audit functions within a regulatory environment.
Application Guidelines
Interested candidates are required to submit applications through the Authority’s e-recruitment portal. Applicants must provide complete and accurate information in line with the instructions available on the portal. Only shortlisted candidates will be contacted and invited for interviews.
Deadline for Submission: September 30, 2025
Applicants are strongly advised to ensure that their applications are submitted on time, as late submissions will not be considered. The Authority emphasizes that it does not charge any fees at any stage of the recruitment process.
