Equity bank Tanzania limited he's a commercial bank licensed by the Bank of Tanzania. The bank’s purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. Equity Bank Tanzania easy subsidiary of Equity Group Holdings Plc, with banking subsidiaries in Kenya, Uganda, South Sudan, Rwanda and democratic republic of Congo(DRC). Currently, the bank is seeking additional talent to serve in the role outlined below
Head of Internal Audit
Reporting to the managing director and board audit committee, the head of internal audit will be responsible for all elements of the internal audit department. The job holder will also work closely with the executive community members to ensure proper and adequate controls are in place within the bank
Key Duties and Responsibilities
- Responsible for oversight of internal audit department including strategy, execution, recruiting and mentoring
- Develop annual audit plan and identify priorities and resources requirements for the year. Apply a risk-based audit approach in the execution of audit plans and programs
- Review work of managers and staff and ultimately sign off on all work performed by the team
- Perform tests and controls on selected control cycles and systems
- Evaluate the effectiveness of the control and governance processes as well as the reliability of reporting information and ensure that policies and standards are adhered to in the subsidiary
- Facilitate the interaction with the external audit team
- Monitor and test governance, risk management, and compliance conduct special reviews to prevent and detect fraud; work closely with risk and compliance department.
- Oversee the execution of other tasks or special projects when required by management, such as due diligence reviews, fraud investigation, project/product review etc
- Lead the annual fraud risk assessment and develop a risk-appropriate internal audit plan
- Present findings and recommendations to audit community and actively monitor order to relate remediation and management action plans
Candidate’s Qualifications, Knowledge, and experience
- University degree in business, finance, accounting or related field from a recognized university
- Professional qualifications in ACCA/CPA/CISA is required
- Masters degree, either an MBA or MSC in finance will be an added advantage
- At least 8 years of audit experience with a significant background in directing audit for a large financial services company
- At least 5 years general banking experience
- At least five years risk management experience
- At least five years experience in team management
- Can work under pressure and for long hours
- Willing to learn and highly adaptable to changes
- Provide MIS to EXCOM and Branches for decision making.
- Knowledge of treasury software expertise a plus
- Advanced analytical, organization, and interpersonal skills
- Advanced spreadsheet and modeling skills
- Excellent collaboration, spoken and written communication skills
- Should be solution oriented
- Demonstrate strong project management skills
- Attention to detail and accuracy
- Interested in process improvement
- Self-motivated to generate new ideas and develop new skills
The above position is a demanding role which the bank will provide a competitive package to the successful candidate. If you believe you can clearly demonstrate your ability is to meet their criteria given above, please submit your application letter together with a detailed curriculum vitae quoting the job in the subject to TZRecruitment@equitybank.co.tz by Saturday, June 16th, 2018
Only shortlisted candidates will be contacted
Equity Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace
