Head – Internal Audit at United Bank for Africa (Z) Ltd

To Participate in formulation, design and revision of the subsidiary inspection strategy: plan, organize, direct, coordinate audit activities in line with the overall business goals and objectives

KEY DUTIES & RESPONSIBILITIES;

1.    Preparation of Audit Plan & Monitoring

• Evaluate the risk rating of each branch and Head office units to determine those that qualify for Spot Check and assess appropriate number of audit days.
• Assess the cost implication including associated costs in executing audit engagement

2.    Execution of Approved Audit Plan

• Conduct full inspection of the Bank at least once in a financial year
• Examine and review the adequacy and reliability of management information, financial and operational reports to the Board of Directors and Senior Management and the adequacy of risk management activities at the operational levels and the scope and effectiveness of the independent risk management oversight function in terms of its mandate and their responsibilities
• Examine and review the extent to which policies relating to the Board of Directors are carried out
• Ensure adequate audit coverage for all Head Office Departments & Units.
• Ensure prompt and qualitative rendition of all Audit Reports and other returns/reports as may be required
• Review the extent to which the units comply with the Regulatory and internally set limits
• Prompt escalation of all exceptions requiring Management attention
• Analyze reports and highlight trends and issues for management attention
• Ensure compliance with policies and procedures of the Bank

3.    Process Improvement/Efficiency

• Assess, analyze and measure risk relating to operational standards
• Ensure proper resourcing of the Audit staff in UBA Zambia
• Provide regular training, sensitization and guidance to all Internal Audit officers across the Country

4.  Execution of other Management Reports/Tasks

• Issue Sensitization memos on the Learning Points arising from the various investigation cases
• First Level investigation of all fraud cases, customer complaints and staff disciplinary issues across the country
• Perform other duties as assigned by Director, Group Audit

REQUIRED KEY KNOWLEDGE AND COMPETENCIES;

• Attention to Details.
• Performance Under Pressure
• Strategic thinking and Problem-solving ability
• Independent Minded
• Interpersonal relationship
• Multi-Disciplinary disposition
• High retentive memory
• Multi-tasking disposition
• Satisfactory Customer Service Disposition
  Leadership
• Analytical and Investigation Skills
• Auditing Skills
• Accounting Skills
• Comprehensive Banking Operations/Credit (Domestic and Foreign Operations) Skills
• Policy and Regulation interpretation and implementation
• Oral and written Communication Skills
• Banking, Insurance, and financial services knowledge
• Extensive Working Knowledge of Microsoft word, Excel and power point, Intranet Mailing facility and the core banking application of the bank
• Fraud Prevention, Detection and Operational risk Management knowledge
• Comprehensive Treasury skills

MINIMUM EDUCATIONAL QUALIFICATIONS

• First degree in any field
• Master degree will be an advantage
• Professional qualification in accounting e.g. ACA, ACCA/Equivalent
• Grade Twelve Certificate with at least Five (05) Credits of better, including Mathematics and English.

PREVIOUS WORK EXPERIENCE REQUIREMENTS

• Minimum of five years cognate experience in Audit related role or Banking Operation & Internal Control

.