Internal Auditor

About Stanbic Bank Uganda

Stanbic Bank Uganda, part of the Standard Bank Group, operates as a prominent financial services institution focused on the African market while maintaining a significant global presence. The bank caters to a diverse client base including individuals, businesses of various scales, affluent families, multinational corporations, and institutions. The organization is committed to driving Africa's growth and delivering genuine value to its clients and communities, while fostering a purposeful work environment for its employees.

Role Overview

The Internal Auditor is responsible for conducting thorough audit assignments within relevant operational contexts. This involves an independent assessment of business operations, risks, internal controls, governance frameworks, and regulatory compliance to provide assurance and advisory services that support effective risk management and enhance business performance.

Key Responsibilities

• Comply with Group Internal Audit (GIA) methodologies, policies, and procedures consistently.
• Develop and maintain strong relationships with internal stakeholders to gain an in-depth understanding of business processes, associated risks, controls, and strategic objectives.
• Assist in defining risk-based audit scopes by performing process walkthroughs, engaging stakeholders, reviewing documentation, and analyzing information.
• Conduct audit testing to evaluate the design and operational effectiveness of controls, identify audit findings, and assess residual risks.
• Determine root causes of control deficiencies and collaborate with management to agree on feasible corrective actions.
• Recommend enhancements to business processes, operational efficiency, and control functions as identified.
• Participate in risk assessments covering operational, financial, compliance, conduct, and strategic risks to support audit planning and outcomes reporting.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Audit, Business Administration, Economics, Commerce, or allied disciplines.
• Professional credentials such as ACCA or CPA are advantageous.
• Between 3 and 4 years of relevant experience in internal audit, external audit, risk management, finance, or banking sectors.

Additional Information

Technical Competencies

• Effective audit project management skills.
• Proficiency in internal auditing principles and practices.
• Commitment to maintaining internal audit professional standards.
• Strong ability to analyze business processes.

Behavioral Competencies

• Applying practical approaches to challenges.
• Clearly articulating information.
• Accurately documenting facts.
• Carefully examining information.
• Interpreting data thoughtfully and accurately.