Head Commercial Functions and Branch Network Audits

Key Responsibilities:

• Understand and assess the Bank’s strategy, alignment of commercial functions strategy and the implementation plans for the same.
  
• Take part in developing and enforcing Internal Audit policies, standards and procedures to ensure assurance in operations and maintenance of processes and controls.
  
• Understand operational risks, advice management on related controls, provide assurance on the level of adherence to controls for existing and new processes aimed at ensuring experiential customer experience and sustainability.
  
• Provide leadership to Audit Managers in Commercial Functions and Branch Network Audits line with Audit objectives.
  
• Support in development of an annual audit plan by engagement of the team and stakeholders to identify priorities and resource requirements for the year.
  
• Objectively review processes established within the assigned areas to assess compliance with policies, procedures, laws and regulations and highlight significant improvement areas and compliance levels.
  
• Oversee and provide quality controls for Commercial Functions and Branch Network audits, to ensure departmental mandate and business strategies are met and professional standards are maintained.
  
• Adopt an anticipatory approach to risk assessment through stakeholder communication and monitoring of external environment to improve audit planning.
  
• Review reliability and integrity of financial and operating information and the means used to identify measure, classify, and report such information.
  
• Ensure the timely execution of audit and assurance assignments to provide independent, objective assurance to senior management and Audit Committee.
  
• Review audit findings and recommendations thereof for adequacy in line with existing audit
  
• methodology framework (comprising collation of data, analysis, interviewing audit clients and preparation of audit reports as per set timelines).
  
• Ensure final reports are issued with quality recommendations and action plans agreed by the audited individual/group and prepare summaries for reporting significant control issues and compliance levels to senior management and the Audit Committee.
  
• Ensure appropriate follow up of issues, issue closure rate is maintained at an acceptable level and escalations where appropriate is done.
  
• Build relationships with stakeholders in the business to understand departmental dynamics, emerging issues and identify areas for improvement.
  
• Interface and perform necessary special integrated audit projects with the Commercial Functions and Branch Network.
  
• Review the means of safeguarding assets and as appropriate verify the existence of such assets within assigned areas of check.
  
• Discuss audit findings and recommendations with audit clients and prepare board papers for reporting significant control issues and strategy compliance levels to senior management and the BAC.
  
• Oversee and provide quality control for the department’s audits, to ensure departmental mandate and business goals are met and that professional standards are maintained at all times.
  
• Manage and oversee team performance through performance planning, coaching and performance tools availed by the Bank to maintain a high performance culture
  
• Motivate and inspire the team by providing information and tools needed to carry out their jobs and meet customer expectations.
  
• Supervise, mentor and offer leadership to Audit managers and internal auditors on Commercial
  
• Functions and Branch Network Audits related areas to build capacity.
  
• Track and follow up on relevant Commercial Functions and Branch Network audit issues emanating from Internal Audit Reports, CBK Inspection Reports and External Auditors to ensure timely closure.
  
• Conduct ad-hoc investigations and reviews as may be requested by senior management and/or the Board Audit Committee.
  
• Other duties as may be assigned by supervisor from time to time.
  

Qualifications, Experience, Skills & Personal Attributes:

• A Bachelor’s degree in business / related field from a recognized university
  
• Certified Public Accountant of Kenya (CPA(K)/ ACCA,
  
• Member of ICPAK or ACCA in good standing.
  
• Member of IIA is preferred.
  
• Ten (10) years’ experience in risk, governance and control work related environment; five (5) of which should be at a leadership level in external/internal audit managing ICT audits in a commercial bank or other large and established consultancies.
  
• Demonstrated hands on experience in ICT control environment.
  
• Leading teams; capable of empowering and leading an Internal Audit team to meet Bank and Internal Audit Assurance goals.
  
• Leading Change; proven change management capability to drive the Internal Audit Assurance strategy.
  
• Innovation; able to keep up with trends of meeting the demands of internal and external customers and controls thereof.
  
• Collaboration; forms business partnerships that help drive the Bank’s IT Assurance agenda.
  
• Multi-tasking; able to manage several concurrent audit assignments and prioritise demands.
  
• Flexibility and adaptability; ability to keep pace with latest technology and trends in addition to new security requirements.
  
• Excellent communication skills; articulate in communicating to both internal and external stakeholders at all levels.
  
• Analytical; capable of managing numerous information sources and providing data analysis reports to Senior Management and stakeholders at all levels.