The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Securities Exchange (NSE). The Bank went public and was listed on December 22nd 2008. Shares previously held by the 3,805 Co-operative Societies and unions were ring-fenced under CoopHoldings Co-operative Society Limited which became the strategic investor in the Bank with a 64.56% stake. The Bank runs three subsidiary companies, namely: Kingdom Securities Limited: This is a stockbroking firm with the bank holding a controlling 60% stake. Co-opTrust Investment Services Limited: This is the fund management subsidiary wholly-owned by the bank. Co-op Consultancy & Insurance Agency Limited (CCIA): This is the corporate finance, financial advisory and capacity-building subsidiary wholly-owned by the bank. Our Vision To be the dominant bank in Kenya and the region, riding on the unique Co-operative Model providing innovative financial solutions for distinctive customer experience. Our Mission To offer a wide range of innovative financial solutions leveraging on our heavy investment in multi-channels, national and regional presence and with a focus on excellent customer experience by a highly motivated and talented team. Our Values We are Trustworthy We are Innovative and Agile We Value our Customers/People We Share and Collaborate We have Passion for Excellence We are Bold and courageous. Job Purpose To provide independent and objective assurance on the effectiveness of the SACCO’s governance, risk management and internal control systems. The role will identify and assess key operational, financial and compliance risks, recommend practical measures to strengthen controls and safeguard the SACCO’s assets and interests, support a strong risk-aware culture, and ensure compliance with applicable regulatory requirements, policies and best practices. Key Responsibilities The Internal Audit and Risk Manager will be responsible for: Preparing and implementing annual audit plans. Initiating and maintaining internal audit control systems for effective utilisation of the Society’s resources. Designing and executing internal audit functions in accordance with conventional audit guidelines and best practices. Undertaking systems audits to ensure adequate system and information security. Assessing the reliability and integrity of the SACCO’s financial and operating information and compliance with operating policies and procedures. Reviewing and reporting on the adequacy of the SACCO’s internal control framework. Reviewing and reporting on compliance with internal procedures and regulatory standards. Assessing the adequacy of laid-down operational procedures and advising management appropriately. Reviewing and reporting on the implementation status of prior audit recommendations. Conducting special investigations as required by the SACCO from time to time. Liaising with external auditors to enhance efficiency and effectiveness. Verifying transaction vouchers to determine authenticity, accuracy and correctness. Preparing periodic audit reports for the Board. Qualifications Applicants must: Hold a Bachelor of Commerce degree or its equivalent from a recognised university. Be a CPA (K) and a member in good standing with ICPAK, or hold an equivalent qualification. Have served as an Internal Auditor in a SACCO or in a comparable position with similar responsibilities for at least three (3) years. Have a minimum of seven (7) years of relevant experience. Be proficient in Microsoft Office Suite and specialised accounting software. Attributes and Skills Sound judgement and decision-making ability. Accuracy and attention to detail. Strong analytical skills. Strong financial management capability. Leadership and administrative ability. Excellent communication skills. Proficiency in Microsoft Office Suite.