Position: Head of Internal Audit
Overview
Maendeleo Bank Plc is inviting applications from qualified and experienced candidates to fill the
vacant position of Head of Internal Audit
at its Head Office. The Bank seeks to recruit highly competent,
self-motivated and professional individual to manage internal audit
functions.
Job Summary:
Responsible for evaluating and contributing to the
effectiveness of risk management, control, and governance processes for
the bank and operating independently of other departments. This position
reports to the Audit and Risk Committee of the Board of Directors,
administers the Audit Policies and Procedures, and coordinates the
activities of the bank’s external auditors, BoT Examiners as well as
other assurance providers.
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Key Accountabilities:
1. Independently carry out annual risk assessment process and develop a risk based internal audit plan
2. Accountable for development and coordination of the bank’s internal auditing activities.
3. Develop and implement internal auditing policies, procedures and programs.
4.
Survey functions and activities in assigned areas to determine the
nature of operations and adequacy of the system of control to achieve
the established objectives.
5. Supervise or conduct independent
audits of bank records and activities and prepare varied analyses of
departments and branches.
6. Investigate and determine causes of irregularities, fraud and errors.
7.
Supervise, conduct and report on the testing and adequacy of the bank’s
internal controls and recommend corrective action and suggest
improvement.
8. Advise Top Management and the Audit Committee of the Board of Directors on audit and internal controls.
9.
Ensure audits are carried out in line with International Standards for
the Professional Practice of Internal Auditing as issued from time to
time by the Institute of Internal Auditors as well as those issued by
Information Systems Audit and Controls Association (ISACA).
10. Lead
teams working under his/her supervision ensuring work is completed to
the required standard and within timelines provided.
11. Perform special reports, projects, analysis etc as may be requested by the Board of Directors or Managing Director.
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NEW JOB OPPORTUNITIES (2,316+ POSTS)
Holder of Business-related Degree with at least 5 years’ experience in Management of which 3 years must be within audit functions. Possession of CPA (T) or ACCA is a MUST. A Candidate should have Sound knowledge of Bank of Tanzania Regulations and best Banking practices.
REMUNERATION:
Maendeleo Bank Plc offers competitive remuneration and benefits. The successful candidate will receive attractive and competitive package commensurate with the demands of the position.
Mode of Application:
Applications addressed to the Managing Director, P. O. Box 216, Dar es Salaam enclosing detailed curriculum vitae, full contacts (address and telephone numbers) and three referees should be sent latest by 15th November 2020 at or before 17.00 hours or through E-mail hr@maendeleobank.co.tz
