Job description
A bank internal auditor is responsible for performing objective, independent, and reliable assessments of the effectiveness of a bankโs risk management activities, its compliance with applicable regulations, and its internal control-environment.
Key responsibilities
- Examine and evaluate the effectiveness and adequacy of the internal control systems
- Perform review of the effectiveness and application of risk assessment methodologies and risk management procedures
- Review financial and management information systems, including the electronic banking services and electronic information system and physical cash.
- Review financial reports and accounting records for accuracy and reliability
- Perform review of system applied by the bank in evaluating its capital vs estimated risk
- Perform evaluation of the economy and operational efficiency
- Perform test on both the functioning of specific internal control procedures and transactions
- Perform review on established systems for ensuring codes of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies
- Perform special investigations; and carry out tests on the timeliness and reliability of the regulatory reporting.
- Preparing and implement annual audit schedule and Plan.
- Preparing annual departmental budget.
- Handling any other role that may be assigned by management from time to time in the course of duty Important relationships.
- Job is both internally and regionally focused, requiring that the individual be highly adaptable
- The job requires relationships be built across the bank, regionally and in-country, at senior level.
- The jobholder will report to the Chair Audit Committee and Matrix reporting to CEO on a regular basis.
- All regional and cross country forums will require participation to ensure teambuilding and sharing of best practice across the bank.
- Central Bank of Somalia for Clearing, National Payments System, Foreign Exchange management guidelines, statutory reporting etc.
- Somalia Bankers Association for domestic banking issues, Correspondent Banks and International chamber of commerce for international trade support
๐ฆ๐ธ๐ถ๐น๐น๐ ๐ฎ๐ป๐ฑ ๐พ๐๐ฎ๐น๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐
- Knowledge, experience:
- University degree B.Com accounting plus an MBA Finance including a professional qualification in accounting such as CPA, ACCA.
- Must be computer literate Experience.
- Minimum of 8 years of practical audit experience in a commercial banking environment or a large organization at a senior level.
๐ฃ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ฒ๐ป๐ฐ๐ถ๐ฒ๐:
- Ability to balance long term and short term requirements independently
- Strong evaluation, communication and reporting skills
- Ability to balance opposing business requirements.
- A Structured approach to dealing with complex and variable work environments in an independent manner.
- Able to provide advice and cause/effect evaluation to support business decision making
- Leads by example
- Process orientated and logical thinker
๐๐ผ๐ ๐๐ผ ๐ฎ๐ฝ๐ฝ๐น๐
If you believe you meet the above specifications, send your application letter and curriculum vitae mentioning your current/last work with copies of your credentials before 09/02/2025 to: ๐ฐ๐ฎ๐ฟ๐ฒ๐ฒ๐ฟ@๐ถ๐ฏ๐ผ๐๐ฏ๐ฎ๐ป๐ธ.๐ฐ๐ผ๐บ
Job details
26 Jan 2025
Posted date
26 Mar, 2025
Expire date
๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐น ๐๐๐ฑ๐ถ๐
Category
๐๐ฒ๐ฎ๐ฑ ๐ข๐ณ๐ณ๐ถ๐ฐ๐ฒ (๐๐ค)
Location
Full-Time
Job type
6+ years
Experience Level
IBS Bank is Somaliaโs premier global commercial and Investment bank with its headquarters in Mogadishu, the capital city of Somalia. IBS was incorporated in July 2013 and licensed by the Central Bank of Somalia (CBS).
Contact Us
Our Location
Trepiano Building, Maka-almukaram Street P.O.Box : 777, Waberi, Mogadishu Somalia
Email Address
info@ibsbank.so
support@ibsbank.so
Phone Number
Emergency Cases
+252 61 3744444
- Sat-Thu 8Am- 5PM; Friday Closed
