Role Summary

• The job holder will be responsible for coordinating and overseeing the bank's internal audit Department.
• This pivotal role involves collaborating with the board and management to develop and implement the internal audit strategy aligned with the overall bank strategy and regulatory requirements
• The Chief Internal Auditor shall provide objective assurance over internal control and risk management policies, serving as a trusted advisor to the board and management on all internal audit and related matters
• Prioritized responsibilities of the Chief Internal Auditor include the following:

Strategy and internal audit functions and reporting

• Develop, implement and monitor the strategic objectives of the internal audit department, ensuring alignment with the bank's overall strategy
• Oversee internal audit's involved in critical business and technology initiatives, ensuring proactive input into control design and implementation
• Actively participate in executive management and committee meetings to align the Internal Audit Plan with the bank's strategy and mission-critical objectives
• Lead change initiatives related to risk assessment, annual audit planning, audit execution, reporting, staff development, technology and board reporting
• Serve as a trusted advisor to the board and management in designing risk frameworks and audit systems compliant with regulatory and professional standards
• Obtain board approval for the risk-based annual audit plan
• Prepare and submit comprehensive reports to the board and management, addressing key issues requiring attention
• Regularly meet with the board to report on ongoing monitoring activities, educate on emerging risks and provide insights into internal control best practices
• Maintain the audit technology platform in collaboration with the Information Technology Department
• Coordinate activities with external auditors, leveraging the results produced from internal audit's work
• Ensure internal audit's compliance with the international professional practices framework (IPPF) standards

Leadership and People Management

• Provide leadership for the internal audit function, setting objectives and monitoring performance against key performance indicators
• Support team members through training to ensure continuous development
• Manage performance issues and inappropriate behavior that does not align with the bank's values, taking corrective actions
• Coordinate with other assurance providers, such as Risk and Compliance, to optimize value for the bank
• Build and maintain professional relationships with all other departments of the bank

Audit Planning and Execution

• Develop comprehensive internal audit plans based on a thorough understanding of the banks operations, strategic objectives and associated risks
• Executive risk-based audit programs, ensuring coverage of key areas and adherence to audit timelines
• Conduct financial, operational and compliance audits to evaluate the effectiveness of internal controls

Risk Assessment and Mitigation

• Identify and assess risks associated with the bank's operations, recommending strategies to mitigate potential threats
• Collaborate with management to implement risk management best practices and ensure compliance with regulatory requirements

Financial Analysis and Reporting

• Analyse financial statements, transactional data and operational processes to identify irregularities or areas for improvement
• Prepare comprehensive and concise audit reports, highlighting findings, recommendations and management responses

Stakeholder Communication

• Communicate audit results and recommendations to the board and senior management, the Audit Committee and other relevant stakeholders
• Foster effective relationships with business units to enhance collaboration and understanding of audit objectives

Continuous Improvement

• Stay abreast of industry best practices, emerging risks and regulatory changes to enhance the effectiveness of internal audit processes
• Propose and implement improvements to internal audit methodologies, tools and procedures

Compliance and Ethics

• Ensure that audit activities comply with relevant laws, regulations and ethical standards
• Promote a culture of integrity, accountability and ethical behavior within the bank

Qualification Required & Experience

• Master's Degree in Fraud/Risk Management, Accounting or related discipline
• Professional certification/membership at a recognized professional association in Ghana or abroad professional association in Ghana or abroad (CIA/CPA/CA/ACCA) is essential
• Professional Certification/membership at a recognized professional association in Ghana or abroad (CISA) is advantageous
• Additional qualifications in banking or development finance is advantageous

Work Experience

• 10 years of experience in internal audit within financial services or development finance sector
• 8 years of experience in managerial role
• Experience in providing entity in a developing economy

Location: Accra

How To Apply For The Job

To submit your application, click on the link below and complete all relevant fields on the online application form.

Click Here To Apply Online

Closing Date: 26 November, 2025