• Required No. of Employee's: 1
• Salary: 0.00
• Duration of Employment: Full Time

• Preferred Sex: Male/Female
• Location of Vacancy: Zambia

Job Description:

• To provide independent, objective assurance and advisory services designed to add value and improve the banks’ operations by bringing a systematic, disciplined approach to evaluate and improve effectiveness of Risk Management, control and governance processes. The internal audit activities for the incumbent involve analyzing risks and controls, recommending process and control improvements and providing Audit reports to relevant stakeholders.
  Key Responsibilities
  Under the supervision of the Manager-Internal Audit the following are among the key responsibilities:
  Internal controls and Risk Management Contribute in the development of a comprehensive Risk based plan, internal audit
  policies and procedures Execute the audit plan in line with the Internal Auditing Standards, Regulatory
  framework and best practice of risk-based auditing.
  Conduct work in accordance with audit programs and checklists which are aligned with the bank policies and procedures.
  Perform any other duties assigned by Chief Internal Auditor.
  Control assessment Assist in the evaluation of controls over the banks Operational processes and Credit
  portfolios.
  Assist in the evaluation of business risk positions taken by the bank with a principal focus on products and processes and offer recommendations..
  EMPLOYMENT AND CAREER DEVELOPMENT OPPORTUNITIES
  SUPPORTING YOU. DEVELOPING ZAMBIA
  Business advisory
  Monitor the control environment and highlight to management in liaison with Assistant Head Internal Audit and Chief Internal Auditor on any emerging risks(internal/external) to the bank.
  Audit Leadership
  Assist in championing implementation of best practices, policies and procedures for the Internal Audit function in line with IIA standards and frameworks.
  Audit issue resolution Ensure timely resolution of Internal Audit and Regulatory issues through continuous
  engagement process with management.
  Accountability risk and Compliance
  Ensure compliance with Bank of Zambia and statutory regulatory bodies
  Ensure conformance with Institute of Internal Audit (IIA)Standards and code of ethics.
  Independently assess:
  The 1st Line of defence - The effectiveness of the business units risk taking activities within their assigned limits of risk exposure and in their responsibilities and accountabilities to identify, assess and control the risks of their business; The 2nd Line of defence - The effectiveness of risk management and compliance
  in their support and oversight functions Accountability; Administration and Team Management Ensure completeness of Audit files
  Share Knowledge and experience with team members.
  REQUIRED SKILLS AND ATTRIBUTES
  Audit & Investigation
  Financial and operational audit of organizations
  Financial/Banking Industry Knowledge
  Accounting Standards
  Policy Development
  Financial Reporting
  Analytical / Problem solving skills
  Certified Internal Auditor
  High level of Knowledge of all business areas

Qualification/Work Experience:

• ACCA/CIMA/CA Zambia /Degree in finance or or any other relevant field.
  A Masters in any of the above fields will be an added advantage.
  Must have a minimum of 5 years of experience in an Internal Audit function with
  a commercial bank or established Microfinance Institution
  Must be Certified Internal Auditor (CIA)
  Member of ZICA & IIA
  Certified Fraud Examiner or other fraud or Forensic related certifications as an
  added advantage.

Employer: INDO ZAMBIA BANK

Location: Zambia