Job title: Chief Internal Auditor
Employment type: Full time
Country: Uganda
City / Location: Kampala
Min. years of experience: 8 years
Minimum degree: Bachelors degree
Job Summary:
The Chief Internal Auditor will assist the board and management of Uganda Development Bank Ltd in the accomplishment of their objectives through independent and objective assurances and consulting activities designed to evaluate and improve the governance, risk management and control processes.
Key Duties & Responsibilities:
Strategically focus and considerable experience in order to lead teams that undertake strategic level tasks, assignments and projects.
Delivering to the Board Audit Committee in line with their mandate.
Execute the Internal Audit mandate
Based on the key risks, determine in conjunction with key internal stakeholders the audit coverage, resources required and budget for the team.
Be accountable for the audit coverage required to provide assurance on key risks in UDBL and grossly contribute to the efficiency and effectiveness of CM key risks.
Progressively monitor the internal and external environment for changes in risk profile and recommend lend changes to ensure the required level of assurance over key strategic and other
Demonstrate influential leadership within the Internal Audit Department
Evaluates the performance of their designated audit team as well as staff undertaking audit activities within the bank
Establish relationships that facilitate effective engagement with senior levels of management and executive without compromising independence, objectivity and ethics in any way.
The ability to manage conflict effectively
Identify and maximize on key strengths within the team to maximize output.
Identify and demonstrate effort in managing areas requiring improvement to integrate customer needs and business requirements, including supporting business processes.
Understanding of internal Financial Controls, IT general and system controls, emerging risks and threats.
Awareness of external environment with regards all factors that may materially affect the business of Uganda Development Bank.
Build and maintain appropriate relationships with management and other key stakeholders and includes regular portfolio meetings to maintain up-to-date knowledge of the portfolio and risk profile of the bank.
Utilize multiple inputs to build portfolio knowledge, including data analytics, review of management information, systems documentation, and research. (e.g. BIS website).
Being risk focused
Be able to differentiate between what is important and what is not while carrying out all assignments.
Taking some risks/aggressively applying the based concepts.
Understanding of Credit Risk, operational Risk, financial risk and all risks incorporated in the Enterprise Wide Risk Management Framework.
On-going review of risk assessment, scanning the environment for emerging risks and threats. • Proactive response to change in the risk profile.
Efficient and effective service delivery
Timely, relevant and purpose driven results.
Communicating the key issues with impact.
Issue tracking-follow-up, reporting and escalation where necessary.
Validation of remedial actions prior to closing off outstanding issues.
Qualifications, Skills & Experience:
At least eight (8) years relevant working experience in a financial institution, five (5) at a managerial level
A Bachelor's level in a relevant field
Relevant professional qualification such as ACCA, CPA, CIA is a must
Membership to at least one international or local professional body in Accountancy or Auditing.
Membership to the institute of internal Auditors
Strategic locus and Considerable experience in teams that have undertaken strategic projects.
Understanding the Business Environment level and ability to take on several assignments and projects
A sound level of business understanding of both internal and external environement.
Personal Competencies:
Ability to acquire & apply knowledge skills.
Specialist skills where required.
Ability to manage risk based audits of varying levels of complexity
Leading assignments of a dynamic & complex nature.
Exercise sound judgment & decision making.
Display professional conduct & integrity at all times.
The ability to persuade & influence people & key stakeholders.
Upholding the highest levels of professionalism both from a business and internal Audit perspective.
Contact/How to apply:
If you have meet the above requirements and you so desire to join our team at Uganda Development Ban, please send your application, detailed curriculum vitae and copies of all academic certificates to:
AG. Director Human Resource & Administration Uganda Development Bank Ltd Plot 6 Nakasero Road, Rwenzori Towers, First Floor, Wing B, Kampala, Uganda Tel: 256-414-355530 Fax: 256-414-355556
NOTE: Only short listed candidates will be contacted
