Head of Internal Audit and Compliance

No detailed description provided.

• Plan and monitor day-to-day running of the Internal Audit & Compliance department • Establish the internal control checklist as per Central Bank regulations • Submit regular internal audit reports to the Central Bank as required • Advise management on compliance with applicable laws, regulations, and standards • Assist management in effectively managing the cooperative’s risk • Review risk measurement and stress testing on future liquidity shocks • Oversee and manage all audit and internal control operations • Develop the audit plan and prepare and deliver timely audit reports • Verify that resolutions of SACCO organs and instructions from NBR/RCA are implemented • Report functionally to the Audit Committee and administratively to the Managing Director • Master’s degree in Accounting, Finance, or Business Administration; OR Bachelor’s degree in a related field with 10 years of senior management experience in Microfinance/Banking • Minimum five (5) years of experience in internal audit & compliance • Professional qualification in auditing is highly recommended • Several years of experience in auditing and thorough understanding of Microfinance Banking and accounting practices • Good strategic thinking with risk and control consciousness; strong decision-making abilities