Chief Internal Auditor – Banking

About the role

The Chief Internal Auditor will lead the internal audit function of ASA Microfinance Bank, ensuring robust risk assessment, compliance with international standards, and effective control environments across all operations.

Key responsibilities

• Maintain an updated Audit Universe and develop a Board‑approved audit strategy.
• Create and obtain approval for an annual audit plan that covers all bank operations based on risk exposure.
• Execute audit assignments in line with International Internal Auditing Standards, reviewing controls against laws, policies, and internal guidelines.
• Issue periodic audit reports to the Audit Committee and senior management, highlighting findings, recommendations, and management responses.
• Provide regular updates on audit plan progress and ensure compliance with internal audit policies and procedures.
• Lead, mentor, and develop a professional audit team, ensuring appropriate certifications and skill growth.
• Collaborate with bank management, external auditors, regulators, and other monitoring functions to optimize audit coverage.
• Assess the effectiveness of the internal audit function and ensure audits are completed within time and budget constraints.
• Deliver an independent annual opinion to the Board on the state of internal controls.
• Undertake special projects or tasks as directed by Management or the Audit Committee.

Required profile

• Chartered Accountant with 12–15 years of relevant experience.
• Strong expertise in bank control environments and risk assessment.
• In‑depth knowledge of International Internal Auditing Standards.
• Proven ability to build stakeholder relationships and establish trust.
• Quick learner with strong conceptual understanding.

Required skills