Job Purpose

The Senior Officer, Internal Audit, is responsible for performing audit procedures including testing, evaluation, and validation of controls to assess and improve the effectiveness of risk management, internal controls, and governance processes. The role contributes to all phases of the audit cycle: planning, execution, reporting, and follow-up. The position also ensures that audit recommendations, management action plans, and Board directives are implemented in a timely and effective manner.

Main Duties and Responsibilities

• Assist the Senior Manager, Internal Audit, in defining audit objectives, scope, and methodology, and support the development of annual and engagement-level audit programs.
• Execute internal audit work in accordance with the approved plan, timelines, and professional standards (IIA Standards and Internal Audit Policy).
• Identify, document, and communicate audit observations, ensuring timely escalation and follow-up in accordance with internal protocols.
• Engage with management and process owners to agree on audit scope, understand operations, and validate identified risks and controls.
• Contribute to drafting audit reports, summarizing key issues, root causes, implications, and recommendations under the guidance of the Audit Manager.
• Perform compliance reviews to ensure adherence to regulatory requirements, internal policies, and control frameworks.
• Participate in special assignments, emergency reviews, and investigations as directed.
• Conduct follow-up reviews to confirm that agreed corrective actions and management responses have been effectively implemented.
• Support the Subsidiary Audit Committee through preparation of required reports, materials, and presentations.
• Undertake any duties delegated by the Senior Manager, Internal Audit, and contribute to ad hoc reviews and control effectiveness assessments.
• Monitor practices, test control activities, and evaluate process efficiency as part of continuous improvement.
• Ensure adherence to Equity Bank Tanzania policies, procedures, and HR guidelines.
• Perform additional tasks assigned by the Head of Internal Audit (or designee) and/or the Audit Committee.

Qualification, Skills and Knowledge

Qualifications

• Bachelor’s degree in finance, accounting, economics or a business related course
• Professional qualification in accounting or auditing such as CPA, ACCA, CIA will be an added advantage

Skills, Knowledge and Attributes

• Broad knowledge of the banking industry including regulatory framework.
• Excellent report writing, oral communication, logical and analytical skills.
• Computer literate with working knowledge of computer assisted audit techniques (CAATs) and MS Office suite.
• Team player with good interpersonal skills.
• Open minded with the ability to learn in a dynamic environment.
• Good commercial awareness and knowledge on international best practice standards in financial reporting (IFRS), IIA Standards and corporate governance

Experience

• A minimum of 2 years’ experience in auditing, preferably in a financial institution or in an internationally accredited audit firm.

• Assist the Senior Manager, Internal Audit, in defining audit objectives, scope, and methodology, and support the development of annual and engagement-level audit programs.
• Execute internal audit work in accordance with the approved plan, timelines, and professional standards (IIA Standards and Internal Audit Policy).
• Identify, document, and communicate audit observations, ensuring timely escalation and follow-up in accordance with internal protocols.
• Engage with management and process owners to agree on audit scope, understand operations, and validate identified risks and controls.
• Contribute to drafting audit reports, summarizing key issues, root causes, implications, and recommendations under the guidance of the Audit Manager.
• Perform compliance reviews to ensure adherence to regulatory requirements, internal policies, and control frameworks.
• Participate in special assignments, emergency reviews, and investigations as directed.
• Conduct follow-up reviews to confirm that agreed corrective actions and management responses have been effectively implemented.
• Support the Subsidiary Audit Committee through preparation of required reports, materials, and presentations.
• Undertake any duties delegated by the Senior Manager, Internal Audit, and contribute to ad hoc reviews and control effectiveness assessments.
• Monitor practices, test control activities, and evaluate process efficiency as part of continuous improvement.
• Ensure adherence to Equity Bank Tanzania policies, procedures, and HR guidelines.
• Perform additional tasks assigned by the Head of Internal Audit (or designee) and/or the Audit Committee.

• Broad knowledge of the banking industry including regulatory framework.
• Excellent report writing, oral communication, logical and analytical skills.
• Computer literate with working knowledge of computer assisted audit techniques (CAATs) and MS Office suite.
• Team player with good interpersonal skills.
• Open minded with the ability to learn in a dynamic environment.
• Good commercial awareness and knowledge on international best practice standards in financial reporting (IFRS), IIA Standards and corporate governance

• Bachelor’s degree in finance, accounting, economics or a business related course
• Professional qualification in accounting or auditing such as CPA, ACCA, CIA will be an added advantage