Risk and Compliance Analyst 1 (Business Analyst 1) at Central Bank of Kenya

Job Purpose

The role holder is responsible for providing support on all matters to audit team leader/SBOs on ensuring well audit documentation during evaluation of efficiency of controls within the bank.

Key Duties and Responsibilities

Roles and Responsibilities

• Carry out audit and consultancy assignments.
• Carry out special audit assignments as may be directed from time to time.
• Document business processes and workflows for departments under review to ensure adequate audit coverage.
• Prepare comprehensive, concise, and easy to follow working papers.
• Draft Audit observations, risks, and action points for review by the team leader and Internal Audit Management.
• Provide recommendations to management to address control issues identified.
• Conduct periodic follow-up of prior audit recommendations.
• Update the Audit team Leader and audit team with audit progress and audit issues.
• Conduct investigations assigned by Audit Management.
• Witness disposal and destruction of unserviceable notes and obsolete documents as per laid down procedures.
• Coordinate with other sections in the audit department to achieve the outlined strategic objectives in the key result areas.
• Carry out surprise checks of cash in Banking and Currency Departments.
• Adhere to Bank policies, regulations and related legislations among other guidelines and principles.
• Take responsibility for timely production of ad hoc and periodic reports.
• Any other assigned duties and responsibilities.

Qualifications

• A Bachelor’s Degree in Management, Economics, Insurance, Finance, or related discipline from a reputable university.
• Professional qualification(s) in any of the following is an added advantage:
  • Certified Public Accountant (CPA).
  • Certified Internal Auditor (CIA).
  • Association for Chartered Certified Accountants (ACCA).
  • Certified Information Systems Auditor (CISA).
  • Certified Information System Security Professional (CISSP).

Work Experience

• At least three (3) years’ work experience in relevant field.