ABC Bank is an indigenous Kenya bank with 33 years experience using the power of finance to support businesses and projects that benefit the people and the planet. We know that banking can be a powerful force for good: serving individuals and communities as well as building a more sustainable society. We are investing in our customer relationships to create a web of successful and satisfied individuals and businesses that are contributing sustainable communities that effectively play their role in the economy. We are constantly embracing new technologies to offer you a definitive banking experience as we empower you to ACHIEVE THE EXTRAORDINARY. ABC Bank has carved a special niche in providing focused financial services and solutions to a wide range of client base who include individuals, Small and Medium Enterprises, and Corporate organizations, Saccos, Learning Institutions, Religious Institutions and service providers for various economic sectors. We facilitate efficient service to our business clients through innovative, customized financial solutions, emphasizing our main strengths in asset finance, trade finance, and international and local remittance solutions, invoice discounting, overdrafts and term loans. We also have a variety of personal banking solutions that are flexible and focused on meeting the specific financial needs of our individual customers in every economic sector of East Africa. We also offer a wide range of local and international money transfer services in partnership with other reputable money transfer organizations such as MoneyGram, Western Union, TransFast, Instant Cash, Al-Dahaab, Ria, iRem (for India) among others. The ABC Bank Group Companies comprise of: ABC Bank ABC Capital Bank - Uganda ABC Capital Limited (Stock Brokerage) ABC Insurance Brokers LtdLooking for an audit job in Kenya? ABC Bank is hiring a manager- audit & controls to help in ensuring the team’s work to guarantee quality. The position is based in nairobi and full understanding of all the bank products, policies and procedures is required. Role Overview Reports to: Reports directly to the Group Head of Internal Audit & Controls. Primary Objective: The incumbent will assist the Group Head of Internal audit & Controls in the development and/or execution of the annual audit plan, strategy, budget, staff training requirements, and innovation initiatives to improve the Bank/department processes. Core Mandate: Manager – Internal Audit & Controls is required to spearhead execution of information systems, operations and Financial audits, both technical and end-user across the ABC Bank Group. He is also required to undertake special investigations, provide advice to the business on a broad range of issues as and when required, and support business growth & process improvements while working closely with other departments and in line with Internal Audit Methodology, processes procedures and time frames. Key Responsibilities The incumbent will perform the amongst others the below responsibilities; Methodology & Charter: Support the Group Head of Audit & Controls in managing, embedding, and continuously improving the Internal Audit Methodology and Charter in conformity to Audit Standards. Contribute to the development and enhancement of the Internal Audit function, including refining methodology, updating the charter, policies and procedures. Audit Planning: Lead annual risk assessments and develop comprehensive audit plans. Implementing risk-based audit planning and assist the Group Head in evaluating the effectiveness of the audit plan throughout the year. Controls & Risk Management: Oversee special engagements and monitor the effectiveness of risk management controls to ensure they meet the Bank objectives. Oversee the review of the Risk Control Matrix and audit ratings. Team Leadership & Quality Assurance: Provide technical and management guidance to team leaders and auditors through regular internal training sessions, ensuring they are equipped with the necessary skills and knowledge. Supervise and review the audit team’s work to guarantee quality, adherence to audit standards, and compliance with timelines and methodologies. Conduct peer reviews of working papers, lead documents, and draft reports. Perform peer reviews of audit documentation, including working papers, lead papers, and draft reports. Investigations: Lead investigations into allegations of fraud, misconduct, or unethical behaviour. Gather evidence, conduct interviews, and collaborate with relevant stakeholders to resolve issues effectively. Follow-up & Tracking: Manage follow-up audits by tracking the implementation of agreed actions and verifying their completion before closing audit findings. Maintain continuous communication with business units to address any emerging risks. Ad-hoc Duties: Execute additional internal audit duties as assigned by the Group Head of Audit & Controls, adapting to the evolving needs of the department. Qualifications University Degree in Business, Accounting, Finance, IT, Banking. MBA is an added advantage. CPA (K) or ACCA finalist. CISA and/or CIA are an added advantage. At least 7 years audit experience; preferably 2 years of which are in a banking environment. Banking or financial services experience to provide a broad based understanding of the various business units would be an advantage. Key Skills & Competencies Stakeholder management Leadership Audit methodologies Data Analytics skills Technical proficiency IT Systems audit exposure Operational Requirements & Professional Ethics The job requires full understanding of all the bank products, policies and procedures. The jobholder must see to it that the policies and procedures in place are being adhered to. Certain issues require consultation with management and other bank officials in order to agree on the most appropriate internal controls. Reports produced must be concise capable of being understood, and at the same time elicit action from the management. Auditor is required to perform duties with utmost independence and objectivity while adhering to professional code of ethics stipulated by ICPAK and IIA. As per the Bank policies and procedures.