Postbank iRecruitment.

HEAD/INTERNAL AUDIT, RISK, COMPLIANCE & INSPECTORATE


Description:

Purpose of the Position

This is a senior management position that provides leadership to the Bank on Audit Compliance and Internal Audit issues. The position is responsible for coordinating the Internal Audit, Compliance and Inspectorate function of reviewing and strengthening internal control systems of the Bank and carrying out investigations to ensure that Bank assets are safeguarded against misuse, loss and that all operations are carried out in an effective and compliant manner.

Key Responsibilities

  • Put in place a system to ensure that the Bank’s operational risks are identified, analyzed and properly addressed.
  • Provide both management and the Board with a regular assessment and opinion on the effectiveness of the Banks risk management and control systems.
  • Develop risk management policies and procedures, including the quantification of managements risk appetite through specific risk indicators, tolerance levels, and early warning signals to provide a quantitative and reliable basis for estimating the likelihood of risk events occurring, mitigate risk and ensure the bank operates within the set parameters.
  • Improve risk management readiness and create an organizational culture that places high priority on effective risk management and adherence to sound operating controls at all levels through communication, training programs and risk-based performance measurements.
  • Ensure compliance with all Central Bank requirements and other applicable laws, regulations and standards of good practice to avoid any legal or regulatory sanctions or damage to reputation that may result from non-compliance.

Qualifications:

KNOWLEDGE, SKILLS AND ABILITIES

  • Business degree preferably BComm. Accounting option
  • Master’s degree in relevant field
  • A registered member of ICPAK
  • CIA and CISA qualifications will be an added advantage
  • 10 years’ experience in audit with at least 4 years spent in a financial institution

Posted: 2014-04-30 Deadline: 2014-05-14


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