COMMERCIAL BANK OF AFRICA
JOB DESCRIPTION
JOB TITLE: INTERNAL AUDITOR
GRADE: MG3
UNIT: Audit and Security
DIVISION: Internal Audit
DEPARTMENT: Internal Audit
REPORTS TO: Audit Manager
1. JOB PURPOSE STATEMENT
To plan and carry out specific audit exercises in an efficient, economical and effective manner in
conjunction with the Audit Manager / Chief Auditor, so as to ensure that bank operations comply with the
legal requirements and the agreed bank policies and procedures.
2. KEY RESPONSIBILITIES
• Quality of Internal Audits outputs (reports).
• Adequacy of personal competence to effectively perform assigned Internal Audit tasks.
• Consistency of adherence to and effective application of established Internal Audit systems (polices,
processes, procedures & tools) to achieve optimal efficiency and cost containment
3. KEY RESULT AREAS
Perspective Measurement Dimensions
• People
Ø Competence development
• Customer Focus
Ø Internal Audit standards or benchmarks
• Business Systems & Infrastructure
Ø Productivity or resource utilisation standards or benchmarks
Ø External audit rating
Ø ORSA ratings
Ø Implementation of change and capability development programmes
• Financial
Ø Expense control goals
4. COMPETENCE REQUIREMENTS
• Auditing skills to effectively perform Internal Audit activities/tasks in a manner that consistently
achieves established quality standards or benchmarks.
• Performance management to optimise personal productivity.
• Interpersonal skills to effectively communicate with and manage expectations of auditees and audit
assistants, and other stakeholders who impact performance.
• Knowledge and effective application of all relevant banking policies, processes, procedures and
guidelines to consistently achieve required compliance standards or benchmarks.
• Self-empowerment to enable development of open communication, teamwork and trust that are needed
to support true performance and customer-service oriented culture.
5. DECISION-MAKING PARAMETERS AND AUTHORITY LEVELS
• Assessment of level of non-compliance
6. MAIN ACTIVITIES
• Participate and contribute in the risk assessment process for target audit areas and documentation of
results as guided by the Audit Manager.
• Prepare audit plan for specific audit assignments and implement in consultation with Audit Manager /
Chief Auditor, to ensure completion within agreed schedule
• Develop, in liaison with the Audit Manager / Chief Auditor appropriate audit tests and programs aimed
at achieving the desired objectives in areas auditable.
• Draft, in concurrence with the Audit Manager / Chief Auditor, suitable management letters reporting on
key control weaknesses, non-compliance with procedures and management policies and regulatory
requirements, among others, on those areas audited.
• Complete audit assignments delegated by the Audit Manager / Chief Auditor according to the agreed
plan.
• Carry out the identified continuous monitoring reviews and report on the results at the agreed intervals.
• Work together with our External Auditors on annual confirmation of customer accounts balances and
bank wide end of year cash count and compile a report on this exercise.
• Assist in follow up and disposal of cleared audit issues logged from previous audits
7. QUALIFICATIONS AND KNOWLEDGE REQUIREMENTS
• University Graduate preferably in Accountancy, Finance or Business Administration. – Upper Second
or GPA3.0
• Three years experience in internal audit or having been trained with a professional firm of practicing
Accountants for at least two years.
• Qualified as CPA, ACCA or equivalent.
• Banking professional qualifications an advantage.
Kindly send your applications attaching updated CV’s and quoting the job title as the subject of your email - to jobwatch@cba.co.ke by the closing date – Tuesday, January 4th, 2011.
