Internal Auditor

Industry: Banking

HR World Limited, on behalf of our client, is seeking to recruit a highly competent, analytical, and results-driven Internal Auditor responsible for evaluating the effectiveness of internal controls, risk management, governance, and regulatory compliance across the organization.

Responsibilities:

• Develop and implement risk-based annual internal audit plans aligned with organizational objectives, regulatory requirements, and key business risks.
• Conduct comprehensive audits across departments and operational units to assess compliance with SOPs, policies, procedures, and established internal controls.
• Evaluate the adequacy and effectiveness of internal controls and provide practical recommendations to strengthen risk management, governance, and operational efficiency.
• Assess organizational compliance with Bank of Tanzania (BOT) regulations, including Anti-Money Laundering (AML), Customer Protection, and other applicable regulatory requirements.
• Conduct risk assessments and develop appropriate audit strategies and procedures based on identified business and operational risks.
• Lead special audits, reviews, and investigations as directed by Senior Management, the Audit Committee, or the Board of Directors.
• Prepare clear and comprehensive internal audit reports detailing audit findings, risk assessments, control weaknesses, root causes, and recommendations.
• Present audit findings, risk assessments, and recommendations to Senior Management, the Audit Committee, and the Board of Directors as required.
• Monitor audit findings and recommendations to ensure timely implementation of agreed corrective actions and effective risk mitigation.
• Collaborate with external auditors and Bank of Tanzania examiners by coordinating audit activities and facilitating timely provision of required information and documentation.
• Provide advisory support to management on internal controls, policies, procedures, risk management, governance, and regulatory compliance matters.
• Develop, review, and continuously improve internal audit policies, procedures, methodologies, and audit tools in line with regulatory requirements and industry best practices.
• Strengthen the use of data analytics and technology in internal audit planning, testing, monitoring, and reporting.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Auditing, or a related field from a recognized institution.
• Minimum of 3 years’ experience in internal audit, risk management, or compliance, preferably in the financial sector.
• Professional certification such as CPA (T), ACCA, CIA, or an equivalent recognized auditing/accounting qualification is required.
• Strong knowledge of Bank of Tanzania (BOT) regulations, AML requirements, and applicable financial laws.

• Develop and implement risk-based annual internal audit plans aligned with organizational objectives, regulatory requirements, and key business risks.
• Conduct comprehensive audits across departments and operational units to assess compliance with SOPs, policies, procedures, and established internal controls.
• Evaluate the adequacy and effectiveness of internal controls and provide practical recommendations to strengthen risk management, governance, and operational efficiency.
• Assess organizational compliance with Bank of Tanzania (BOT) regulations, including Anti-Money Laundering (AML), Customer Protection, and other applicable regulatory requirements.
• Conduct risk assessments and develop appropriate audit strategies and procedures based on identified business and operational risks.
• Lead special audits, reviews, and investigations as directed by Senior Management, the Audit Committee, or the Board of Directors.
• Prepare clear and comprehensive internal audit reports detailing audit findings, risk assessments, control weaknesses, root causes, and recommendations.
• Present audit findings, risk assessments, and recommendations to Senior Management, the Audit Committee, and the Board of Directors as required.
• Monitor audit findings and recommendations to ensure timely implementation of agreed corrective actions and effective risk mitigation.
• Collaborate with external auditors and Bank of Tanzania examiners by coordinating audit activities and facilitating timely provision of required information and documentation.
• Provide advisory support to management on internal controls, policies, procedures, risk management, governance, and regulatory compliance matters.
• Develop, review, and continuously improve internal audit policies, procedures, methodologies, and audit tools in line with regulatory requirements and industry best practices.
• Strengthen the use of data analytics and technology in internal audit planning, testing, monitoring, and reporting.

• Data analytics
• Risk management
• Internal controls evaluation
• Regulatory compliance (BOT, AML)
• Audit reporting
• Communication
• Problem-solving
• Analytical thinking

• Bachelor’s degree in Accounting, Finance, Auditing, or a related field from a recognized institution.
• Professional certification such as CPA (T), ACCA, CIA, or an equivalent recognized auditing/accounting qualification is required.
• Strong knowledge of Bank of Tanzania (BOT) regulations, AML requirements, and applicable financial laws.