Nafasi ya Kazi ya Meneja wa Ukaguzi wa Ndani katika Benki ya Mwanga Hakika

 

Internal Audit Manager Job Opportunity at Mwanga Hakika Bank

Mwanga Hakika Bank (MHB) is seeking a highly skilled and detail-oriented Internal Audit Manager to join its dynamic team. This role is essential in enhancing risk management, internal controls, and corporate governance to support the bank’s strategic objectives.

Role Overview

The Internal Audit Manager will assist in managing and overseeing the bank’s Internal Audit Function, ensuring the effective delivery of value-added assurance and advisory services. This position requires a proactive professional with a strong understanding of audit principles, financial regulations, and risk management frameworks within the banking sector.

Key Responsibilities

• Develop and execute a risk-based annual audit plan, ensuring alignment with MHB’s strategic priorities and risk appetite.
• Design and implement audit programs tailored to critical business areas, ensuring robust risk coverage.
• Assess the effectiveness of internal control systems and recommend improvements to mitigate operational risks.
• Conduct regular compliance assessments to ensure adherence to local and international regulations, industry standards, and internal policies.
• Identify internal control weaknesses, providing practical recommendations for process enhancements.
• Lead investigations into fraudulent or suspicious activities, collaborating with relevant departments to address issues effectively.
• Prepare comprehensive investigation reports and oversee the implementation of recommended corrective measures.
• Promote risk management awareness across the bank, helping departments minimize operational losses.
• Work closely with senior management to strengthen the overall risk management framework.
• Present audit findings to the Head of Internal Audit for further review and escalation to Senior Management and the Audit Committee.
• Ensure timely implementation of audit recommendations and corrective actions.
• Prepare clear and concise audit reports with actionable insights to enhance risk mitigation strategies.
• Monitor high-value transactions, ensuring compliance with accounting principles and banking regulations.
• Analyze financial statements and audit records to verify revenue accuracy and identify discrepancies.
• Track and oversee the implementation of action plans from internal and external audits, including compliance with Bank of Tanzania (BoT) examination reports.
• Support the professional growth of the audit team through training and mentorship programs.
• Maintain accurate audit documentation, ensuring all procedures, findings, and recommendations are well-documented and supported.
• Assess the cost-effectiveness, pricing strategies, and profitability of the bank’s products and services.

Qualifications & Experience Required

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certifications such as CPA, ACCA, CIA, or equivalent are highly desirable.
• 5-7 years of experience in internal audit, risk management, or compliance, preferably within the banking or financial services industry.
• Strong understanding of banking operations, financial systems, and regulatory frameworks, including BoT regulations and AML laws.
• Proven experience in working with external auditors and managing audit reviews.

Key Competencies & Skills

• Strong analytical and problem-solving skills to assess risks and identify control weaknesses.
• High level of accuracy and attention to detail in audit reviews and financial analysis.
• Unwavering ethical standards, confidentiality, and objectivity in audit processes.
• Excellent organizational and time management skills, capable of handling multiple audits efficiently.
• Ability to adapt to evolving regulations, industry changes, and organizational needs.
• Solid knowledge of financial regulations, accounting principles, and risk control frameworks.
• Proficiency in auditing software and data analysis tools.
• Strong communication and interpersonal skills, capable of conveying complex audit findings in a clear and actionable manner.
• Ability to work independently as well as collaboratively across departments.

Application Process

Interested candidates are encouraged to apply by submitting their applications through the Mwanga Hakika Bank Career Page at careers-page.com.

📌 Application Deadline: 22nd February 2025
📌 Only shortlisted candidates will be contacted.

🔗 CLICK HERE TO APPLY

Take this opportunity to advance your career in internal auditing and risk management with Mwanga Hakika Bank!