Manager, Assurance at I&M Bank

Job Purpose:

• The holder is responsible for giving independent assurance on Governance, Risk Management and Control Processes for Banking and Non-banking subsidiaries in I&M Group, reporting to the Assistant General Manager Audit Quality Assurance Group Audit.

Key Responsibilities:

• Compile the annual audit plan for each entity for approval by the board audit committees.
• Undertake audits assignments from planning to reporting within the agreed timelines and communicate the audit results to the Board Audit Committees during quarterly meetings.
• Tracking of audit corrective actions in accordance with the internal audit framework. 
• Collaborating with audit clients and various audit stakeholders to manage expectations and add value.
• Undertake special audit assignments as and when required by the board and other stakeholders.
• Attending Management Risk Committees for respective companies.
• Support the execution of banking subsidiaries audit plans as and when requested.

Internal Auditing Competencies:

• Integrates the Global Internal Audit Standards into audit engagements to ensure conformance with mandatory requirements and leading practices. 
• Assists with efforts to strengthen governance, management, and engagement performance processes within the internal audit function. 
• Uses Global Guidance to inform engagement planning and performance, ensuring alignment with leading practices.  
• Professional Communications - Excellent verbal and written skills for reporting findings and communicating with stakeholders.
• Apply ethical principles in audit work, ensuring impartiality and adherence to professional responsibilities. 
• Identifies potential ethical conflicts and follows established protocols for disclosure and resolution.
• Upholds confidentiality in handling sensitive information and understands the legal and regulatory implications of ethical breaches.

Professional Competences:

• Independently leads audit engagements, ensuring alignment with organizational objectives and engagement risk assessments.
• Engages with the board and senior management, effectively articulating risk insights and recommendations.  
• Communicates engagement objectives and scope in a structured and professional manner, adapting the content and format for different audiences.  
• Engage with management to schedule meetings with key personnel and draft agendas that enable efficient, effective discussions.  
• Applies active listening and negotiation techniques to manage conflicts constructively during audit engagements.  
• Effectively persuades management to reach agreement on the engagement's risk assessment, objectives, scope, evaluation criteria, and work program. 
• Resolves conflicts by emphasizing agreement on verified data and negotiating effectively to align with organizational objectives, while maintaining objectivity.

Governance and Risk Management Competencies:

• Evaluates governance structures and processes and their alignment with organizational objectives and regulatory requirements.  
• Assesses the effectiveness of board oversight, management accountability, and ethical governance practices.  
• Identifies governance-related risks and suggests improvements to governance policies and reporting.  
• Advises the board and senior management on governance enhancements to improve strategic decision-making and stakeholder trust. 
• Assesses risks related to strategy implementation, including resource allocation and external market factors. 
• Identifies gaps between targets for strategic initiatives and operational performance and discusses possible root causes with management.  

Operational Area Competencies:

• Independently leads audits of governance, risk management, and controls over accounting processes, using data analysis and sample-based audit techniques.  
• Independently conduct audits of controls over financial statement reporting processes, assessing adherence to IFRS, and organizational policies.  
• Provides recommendations for improving the effectiveness and efficiency of accounting and financial reporting processes.  
• Provides recommendations for enhancing HR governance, risk management, and control processes. 
• Evaluates IT governance, risk management, and control processes for compliance with policies and alignment with external frameworks. 
• Independently conducts or leads audits of risk management structures, reporting mechanisms, and responses.  
• Provides recommendations for enhancing risk management maturity and integrating ERM processes into organizational decision-making.
• Evaluates the impact of organizational culture on ERM maturity and stakeholder engagement in risk management practices. 

Academic Qualifications:

• Bachelor’s degree in finance, Accounting or any other related course.

Professional Qualifications / Membership to professional bodies:

Mandatory:

• Certified Public Accountant (CPA).
• Certified Information Systems Auditor (CISA).

Recommended:

• CIA qualifications will be an added advantage.

Work Experience Required:

• Over six (6) years in a similar role in a similar sized organization.