Internal Audit Officer at NCBA Rwanda

Job Title: Internal Audit Officer

Reports to: Internal Audit Manager

Unit: Internal Audit

Department: Internal Audit

Grade: Band 3

Job Purpose Statement

The purpose of the role is to carry out specific audit activities on the bank’s operations in an efficient, economical and effective manner, so as to ensure compliance with the legal requirements and the agreed bank policies and procedures.

Key Accountabilities (Duties and Responsibilities)

Audit Planning 10%

• Participate and contribute in the risk assessment process for target audit areas and document results, as guided by the Audit Manager.
• Plan, scope and budget individual allocated activities to ensure completion within agreed schedule, ensuring all risks in the assigned auditable areas are fully addressed.

Audit Management & Execution 60%

• Assist to manage and align assignment resources, efforts and goals; identify and remove barriers in order to achieve optimal results.
• Prepare work papers in line with audit standards ensuring proper identification, development, and documentation of audit issues and recommendations using independent judgment.
• Draft suitable draft reports on the areas audited, reporting on key control weaknesses, non-compliance with procedures and management policies and regulatory requirements, among others.
• Assist in follow up and disposal of cleared audit issues logged from previous audits.

Internal business processes 10%

• Strong collaboration with other lines of defence to provide integrated assurance.
• Review procedures, processes and records to ensure they are in line with the Bank objectives and appraise policies and plans of activities, departments and functions under audit review.

Customer 10%

• Establish and maintain relationships with key business owners and functional departments.
• A unified view of risks and compliance to drive informed decisions.

Learning and growth 10%

• Continuously improve knowledge and learning to ensure conversant with current standards and practices within the profession.
• Teamwork with audit team members.
• Identify development and training needs and develop plans to satisfy areas identified.

Job Dimensions

Reporting Relationships: jobs that report to this position directly and indirectly

Direct

Reports

-

Indirect

Reports

Stakeholder Management: key stakeholders that the position holder will need to liaise/work with to be successful in this role.

Internal

• Departmental Heads – for guidance and solutions to emerging problem areas
• Audit management

External

Decision Making Authority /Mandates/Constraints: the decisions the position holder is empowered to make (Indicate if it is Operational, Managerial or Strategic). Please also highlight any budgetary control responsibility if applicable for the role.

• Giving guidance and advice on the impact of non-compliance with controls and statutory regulation on the Bank.

Work cycle and impact: time horizon and nature of impact (Planning)

(e.g. Less than 1 week, 2 weeks, 2 weeks – 1 month, 1month – 3 months, 3-6 months, 6- 12 months, above 1 year)

• Daily, Monthly, Quarterly and Annual reporting targetsPage 3 of 4

Ideal Job Specifications

Academic:

• A University graduate

Professional:

• Working towards CPA / ACCA qualifications or other related audit certification

Desired work experience:

• At least 2 years’ banking experience or having trained with a professional firm of practicing Accountants for at least one year.

Catapult Bank Core Value Behaviours (Performance Drivers)

• Integrity - Acting with honesty, transparency, and ethical behaviour in all interactions with clients, colleagues, and stakeholders.
• Teamwork - Collaborating and working together effectively to achieve common goals and deliver exceptional results.
• Accountability - Taking personal ownership and responsibility for making a positive impact on the performance and reputation of the bank.
• Innovation - Continuously seeking out and implementing new ideas, technologies, and solutions that drive improvement and differentiate the bank from its competitors.
• Excellence - Striving for excellence in all aspects of work, setting high standards, and constantly seeking ways to improve and surpass expectations.
• Agility - Being adaptable and responsive to changes in the business environment, taking quick and decisive actions when needed.
• Diversity and Inclusion - Embracing and valuing diversity, fostering an inclusive environment, and leveraging different perspectives to drive innovation and success.
• Learning and Development - Pursuing continuous learning and development opportunities to enhance skills, knowledge, and capabilities.
• Results Orientation - Focusing on achieving results, setting ambitious goals, and taking proactive measures to meet or exceed targets.

Ideal Job competencies  

Technical Competencies

• Risk Management: Ability to anticipate and mitigate risk by developing appropriate Risk Management recommendations.
• Compliance and Regulatory Framework: Some understanding of the regulatory issues, reporting and operational requirement as provided by BNR, CMA, RRA, etc.
• Conceptual and Analytical Skills: Ability to quickly grasp and understand systems and keen to detail
• Technology Skills: Knowledge of banking applications and spreadsheets

Behavioural Competencies

• Results and Achievement Oriented: Strives to achieve results, enjoys measuring others, being measured, and being judged on performance standards and those of others he leads
• Personal Ethics: Must be honest, fair, just but firm with himself, and of high integrity
• Communication and Interpersonal Skills: Well developed oral and report-writing skills, ability to work with motivated teams
• Team work: Ability to influence others to collectively work as a team to achieve set objectives.