Analyst, Offsite Inspection

Job Description

The job holder is responsible for conducting off-site examinations of the payments operations, ensuring compliance with regulatory standards and evaluating the overall risk management framework.

Job Responsibilities

• Execute comprehensive plans for off-site inspections, including scope, objectives, and timelines.

• Gather and analyze data related to the bank’s operations, financial performance, and risk management practices during inspections.

• Evaluate the risk exposure of supervised institutions and the effectiveness of internal controls, identifying areas for improvement

• Prepare detailed reports on inspection findings, highlighting strengths, weaknesses, and recommendations for corrective actions

• Communicate findings and recommendations to senior management, the board, and regulatory authorities as necessary

• Monitor the implementation of corrective actions and recommendations resulting from inspections

• Provide training to staff on compliance and operational standards to enhance understanding and adherence.

• Work closely with other departments to ensure alignment on operational practices.

• Identify opportunities for improving the inspection process and methodologies to enhance effectiveness.

• Keep abreast of industry trends, regulatory changes, and best practices related to banking inspections.

Job Requirements

• Bachelor’s degree in finance, Business Administration, Accounting, or a related field.

• 3 years of experience in banking, audit, or compliance roles, with a focus on off-site inspections or examinations

• Professional Certifications such as Certified Internal Auditor (CIA) or Certified Risk Manager is added advantage