Internal Auditor at Commodities Fund

ComFund/Advert/IA/01/2017

The holder of this position shall maintain a superior credit risk management framework and ensure that the requirements the principles of enterprise risk management are embedded in the day to day operation to the achievement of the Fund’s objectives.

Job Responsibilities

• Develop and maintain a risk management strategy ensuring that risk management policies, controls and procedures are effectively implemented.
• Identify, develop, analyse and review the credit risk decision models and associated procedures to ensure credit risk decision tools are powerful and appropriately discriminate risk.
• Review credit risk policies and procedures on an ongoing basis to ensure compliance with evolving statutory risk management requirements.
• Monitor and analyse business portfolio and recommend mitigations for any identified portfolio-level risk.
• Evaluate adequacy and effectiveness of controls and methodology established by management to ensure that identified risks are appropriately mitigated at both departmental and process level.
• Review new and ongoing products to ensure that they are carried out only after a comprehensive risk assessment is done.
• Participation in strategic planning, implementation and performance contracting process.
• Preparation of departmental budgets.
• Maximise staff performance through objective setting, appraisal review and feedback and.

Qualifications for the internal Auditor Job

• Bachelor’s Degree in Accounting, Banking, Finance, Economics or Commerce or its equivalent from a recognised university.
• Professional qualification / certification in CPA/CISA and or CIA.
• Membership to a relevant professional body.
• At least Five(5) years’ work experience in a in a reputable auditing firm or in an internal audit department, three (3) of which should be in senior management
• Good understanding of Market Economic conditions and trends
• Experience in working with an Enterprise Resource Planning System.
• Ability to work conscientiously and independently with minimal supervision
• Good understanding of key drivers that influence and determine business decisions.
• Excellent people management skills, team motivation and leadership competencies
• Results-orientated, adheres to turn-around times/deadlines.
• Must satisfy the requirements of chapter six of the constitution