Manager IT Audit at Indo Zambia Bank Limited

Job Description

INDO ZAMBIA BANK

Indo Zambia Bank Limited, a Commercial Bank which has been operating in Zambia since 1984 and has a branch network of 40 branches across the country, the Bank has exciting career opportunities for individuals seeking to grow in the banking and financial services sector.

AUDIT DEPARTMENT

MANAGER IT AUDIT (X1)

The Manager will support the Internal Audit Function to deliver the assurance assignments, execute planned audits in line with the audit plans and prepare reports of audit findings in accordance with the Bank’s risk management guidelines, internal control procedures and the Bank’s strategic objectives. Be responsible for conducting risk-focused audits; advising business units on the design, implementation, and maintenance of internal controls; and promoting compliance with Bank’s policies and procedures, accounting standards, control policies, and applicable legislation.

Key Responsibilities:

Carry out regular review of Bank IT systems and analysis of financial data to provide early warning signs needed for further investigations
Perform revenue assurance engagements regularly highlighting areas of weakness and making recommendations for correction of anomalies noted.
Review of daily system generated reports to ensure data integrity and reperform computations using ACL to ensure accuracy of data.
Participate in the planning of auditable areas including risk assessment and drawing up of audit programs to identify areas of great concern and focus of audit resources.
Conduct audits either individually or as part of a team so as to give assurance as to the effectiveness of controls and other risk mitigating measures.
Write reports on the work done and make the necessary recommendations for improving controls and operational efficiency.
Manage the audit files to ensure that audit findings are well supported.
Conduct special tasks including investigating as will be assigned from time to time to achieve specified objectives.
Verify the accuracy and completeness of statutory / BOU returns.
Timely preparations of a comprehensive audit plan of assigned areas.
Systematic and organized audit working papers.
Organized execution of audits.
High quality of working papers and reports of audit findings.
Timely submission of verified statutory returns to BOU.

Qualifications and Experience

Bachelor’s degree in finance, Accounting, Statistics, Economics or a related business field.
Poses certifications: Certified in Risk and Information Systems Control (CRISC), Certified Information Systems Auditor (CISA), or other related certifications.
Minimum of 5-7 years of work experience in Audit, IT Audit, or IT Risk Management, with 3 years’ experience at supervisory level.
A master’s degree or relevant professional certifications (e.g., CISA, ACCA/CA Zambia) is an advantage.
Excellent project oversight and leadership skills with a keen interest in process improvement.
Superior time management skills, with ability to effectively prioritize and multitask in a dynamic environment.
Exposure to the regulatory landscape of the banking industry.
Risk data and/or modelling, model risk management experience is an asset.

Required Skills and Attributes

Proficiency in Microsoft Word and Excel
Ability to collect, analyze and evaluate information and the preparation of written concise reports of work performed.
Ability to communicate clearly and efficiently, both orally and in writing.
Analytical and possession of an objective and probing mind.

APPLICATION PROCESS

Applications should be submitted electronically, with the position being applied for clearly indicated in the subject line, via this link
https://shorturl.at/kirqY .

Please include scanned copies of your Curriculum Vitae, Certifications, and any other supporting documents.

Kindly note that physical applications will NOT be accepted.

For more information on job postings, visit www.izb.co.zm .

Closing date for all applications is 18th October 2024 .