Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers – the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role outlined below.

PURPOSE

We are seeking a highly skilled and experienced Audit Manager with a strong background in operational audits, data analytics and a deep appreciation for the use of automated processes in the control environment. This role will be responsible for leading and executing audits across various departments and functions within the Bank, focusing on leveraging data analytics and IT systems to enhance internal controls and risk management.

 KEY RESPONSIBILITIES & ACCOUNTABILITIES

• Plan, execute, and lead operational audits to assess the effectiveness of internal controls, identify process inefficiencies, and mitigate risks. This includes evaluating operational processes, reviewing documentation, performing data analysis, and assessing compliance with policies, regulations, and industry best practices.
• Apply data analytics techniques to identify trends, anomalies, and patterns within large datasets. Develop and execute data-driven audit tests to assess the accuracy, completeness, and validity of financial and operational data. Utilise tools such as data visualization and statistical analysis to present audit findings effectively.
• Appreciate and understand the role of IT systems, technologies, and automation in the control environment. Leverage technology to enhance the effectiveness and efficiency of audit procedures, including the use of continuous monitoring and auditing techniques. Collaborate with IT stakeholders to assess system controls, security protocols, and data integrity.
• Identify and evaluate risks associated with key business processes, systems, and controls. Assess the adequacy of control environments, including design and operating effectiveness of controls. Provide recommendations for control enhancements and risk mitigation strategies, with a focus on leveraging technology and IT solutions to strengthen controls.
• Prepare concise and well-structured audit reports that highlight findings, risks, and recommendations in a clear and actionable manner. Present audit results to senior management and stakeholders. Communicate effectively with auditees, providing guidance on control improvements and addressing any concerns or questions.
• Collaborate with various stakeholders, including business units, senior management, and IT teams in identifying constructive and value-added
  solutions to address issues identified. Recommend operation improvements which ensure that proper controls are exercised over all aspects of the business and that company assets are conserved, protected and accurately presented. Maintain strong working relationships to foster cooperation, support, and knowledge exchange.
• Conduct follow up of audit issues with management and report the status of remediation monthly.
• Stay abreast of emerging audit practices, industry trends, and regulatory changes. Identify opportunities to enhance audit methodologies, data analytics techniques, and the utilization of IT in the control environment. Share best practices and provide guidance to junior auditors in leveraging technology for audit purposes.

REQUIREMENTS

 ACADEMIC & PROFESSIONAL QUALIFICATIONS 

• Bachelor’s Degree in Accounting, Finance or related field.
• Must have CPA or ACCA qualification. CIA or CISA will be an added advantage.

CRITICAL SKILLS & COMPETENCES

• At least 5 years internal or external audit experience gained from reputable institutions, preferably in Banking or big 4 Audit Firm.
• Strong knowledge of audit methodologies, risk assessment frameworks, and control frameworks.
• Good knowledge of the banking industry and the regulatory framework.
• Experience in performing large and complex audits.
• Good understanding of IT general controls, information security principles, and application controls.
• Excellent analytical skills, with the ability to interpret complex data and identify patterns and trends.
• Working knowledge of audit documentation tools
• Working knowledge of computer assisted audit techniques (CAATs).
• Experience using ACL is highly desirable.
• Strong project management abilities, including the ability to manage multiple assignments, prioritize tasks, and meet deadlines.
• Exceptional communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels of the organization, and demonstrate ability to prepare timely, constructive and actionable audit and risk assessment reports.
• Results oriented and ability to meet strict deadlines.
• Good analytical and problem-solving skills.
• Good understanding of Audit standards and International Financial Reporting Standards (IFRS).