Senior Credit & Risk Auditor

Roles & Responsibilities

• Assist the line manager and CIA in identifying and evaluating the Bank’s risk areas and suggesting workable recommendations.
• Follow the Annual Audit Plan and contribute to it as and when required.
• Abide by the Audit Policy and Procedures.
• Perform audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting auditee processes and procedures.
• Contribute to the preparation of the annual Risk based Audit program in accordance with the functions and policies of the Bank, and execution of the Annual Audit Plan.
• Comply with the Bank’s policies, procedures and regulatory requirements.
• Monitor compliance with audit recommendation.
• Test effectiveness of accounting and risk management controls of the Bank.
• Examine compliance with such procedures and controls, and audit the Bank’s accounts and records.
• Obtain background information on the areas to be audited.
• Gather preliminary information on risks and controls for an individual internal audit project or assignment.
• Test compliance with the laws and regulations applicable to the Bank and report to the line manager who will in turn escalate issues to the Chief Internal Auditor and the Audit, Compliance and Risk Committee as and when required.
• Evaluate various functional processes and related controls.
• Supervise Internal Auditors in the execution of the tests of controls.
• Ensure that the audit approach describes in detail the nature, timing, and extent of the internal audit procedures for an individual audit project.
• Contribute to the preparation of work programs that are aligned with engagement scope and requirements.
• Review the documents gathered by the Internal Auditor throughout the development and administration of surveys, conduct of interviews, composition of summary memos, and preparation of working papers.
• Lead the internal audit team in their on-site audit endeavors in the identification, development, and documentation of audit issues and recommendations using independent judgment concerning areas being reviewed.
• Work closely with the line manager and CIA to communicate the results of audit and advisory projects via written reports and oral presentations to executive management.
• Ensure high standards of confidentiality to safeguard commercially sensitive information.
• Perform other related Internal Audit work as assigned by the line manager & CIA.
• Coordinate with the line managers and provide information to external auditors as and when required to facilitate periodic audits.