Head of Internal Audit

SUMMARY:
A GREAT opportunity for a Head of Internal Auditor! Are you a seasoned banking professional looking for an exciting new opportunity? Join this growing dynamic team at a leading global commercial bank as the Head of Internal Audit for their venture into the vibrant Namibian market!

POSITION INFO:
As the Head of Internal Audit, you will play a pivotal role in ensuring compliance with sound internal auditing standards while establishing and implementing robust audit charters, plans, and procedures. Reporting directly to the Board Audit Committee, your responsibilities will include coordinating and supervising audit functions to monitor compliance with policies, guidelines, and regulatory requirements.

Key Duties and Responsibilities:

• Conduct periodic income assurance exercises to identify and rectify income leakages.
• Ensure 100% compliance with policies, procedures, and applicable laws.
• Foster effective collaboration with regulators and external auditors.
• Conduct annual vulnerability tests on the bank's systems.
• Provide timely reports and feedback on assurance services to the Board.
• Assess bank-wide controls and evaluate operational risks.
• Prepare detailed inspection reports for management review.
• Develop, train, and evaluate the performance of audit staff.

• Minimum of a first Degree in any business-related discipline; ACIB, CA, or ACCA certification.
• Formal training in banking law and regulations.
• At least 8 years of banking experience, with 4 years at a management level in banking operations or audit/investigations.
• Proficiency in banking operations, accounting, and audit processes.
• Strong knowledge of domestic and international banking operations.
• Familiarity with process re-engineering and total quality management principles.