Company: DCB Commercial Bank PLC

Position: Manager, Internal Audit

Industry: Banking / Financial Services

Location: Tanzania

ABOUT DCB COMMERCIAL BANK PLC

DCB Commercial Bank PLC is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to individuals, microfinance, small to medium-sized businesses (MSME), as well as large corporate clients.

DCB Bank has a wide branch network of over 8 branches, over 1,000 DCB Wakala Agents, and over 280 Umoja Switched ATMs serving over 3 million customers across the country.

DCB Commercial Bank PLC invites suitably qualified candidates to fill the position of Manager, Internal Audit. The successful candidate will be responsible for leading audits and supporting training and development of team members.

KEY RESPONSIBILITIES

• Plans and performs financial, regulatory, systems, compliance or operational audits, which include an independent appraisal of risk management, governance, and internal controls.
• Periodically analyses and evaluates the effectiveness of systems of internal controls in place to identify actual and potential weaknesses in controls, cost savings and efficiency improvements.
• Proactively evaluates risks and internal controls against changing trends and market/economic conditions.
• Conducts performance audits and special audit investigations as and when necessary, or upon request by an appropriate authority.
• Manages positive stakeholder engagement throughout the audit timeline to encourage auditees to collaborate fully to ensure an effective and efficient review period.
• Recommends changes in policies and procedures in a way that shall impact positively on the achievement of the goals and objectives of the Audit Department in the bank.
• Helps individual departments to track agreed audit and bank examination actions through to completion.
• Supports the preparation of and presents papers for Audit and Risk Committees.
• Coordinates audit activities with external auditors.
• Monitors performance, mentors and coaches audit team members by providing guidance on the methodology and audit process.

QUALIFICATIONS, SKILLS AND EXPERIENCE

• Bachelor’s degree in Commercial, Informatics, Statistics or a related field from a recognised university.
• 5 years’ experience in internal/external auditing or commensurate experience, preferably in a financial institution.
• 3 years’ experience of managing a team.
• Professional Certification in Auditing; CPA is an added advantage.
• In-depth understanding of control, regulatory and risk issues in the financial services sector.

• Plans and performs financial, regulatory, systems, compliance or operational audits, which include an independent appraisal of risk management, governance, and internal controls.
• Periodically analyses and evaluates the effectiveness of systems of internal controls in place to identify actual and potential weaknesses in controls, cost savings and efficiency improvements.
• Proactively evaluates risks and internal controls against changing trends and market/economic conditions.
• Conducts performance audits and special audit investigations as and when necessary, or upon request by an appropriate authority.
• Manages positive stakeholder engagement throughout the audit timeline to encourage auditees to collaborate fully to ensure an effective and efficient review period.
• Recommends changes in policies and procedures in a way that shall impact positively on the achievement of the goals and objectives of the Audit Department in the bank.
• Helps individual departments to track agreed audit and bank examination actions through to completion.
• Supports the preparation of and presents papers for Audit and Risk Committees.
• Coordinates audit activities with external auditors.
• Monitors performance, mentors and coaches audit team members by providing guidance on the methodology and audit process.

• In-depth understanding of control, regulatory and risk issues in the financial services sector.

• Bachelor’s degree in Commercial, Informatics, Statistics or a related field from a recognised university.
• Professional Certification in Auditing; CPA is an added advantage.