Our
client, Mwalimu National Sacco Society Ltd, is a leading ISO certified
organization mandated to mobilize savings and give credit to its members.
With
a net worth of over Ksh. 20 billion, a membership in excess of 60,000 members
and eleven (11) branches spread across Kenya, Mwalimu National Sacco stands out
as a leader in the sector and is geared to become a key player in the region’s
financial services sector.
Mwalimu
Sacco has consecutively won the Best Managed Sacco Award, demonstrating the
organisation’s commitment to excellence.
Mwalimu
Sacco is seeking to recruit dynamic, ambitious and result oriented individuals
to fill the following position:
Head of Audit, Risk & Compliance
Ref:
HARC/11/2014
Under the supervision of the Board
Audit & Risk committee and CEO, the incumbent will provide assurance to the
Audit Committee with regards to the effectiveness and adequacy of the SACCO’s
internal control systems, risk management and governance policies, procedures
and processes and the SACCO’s compliance to statutory requirements and
regulations.
He
will be responsible for facilitating the execution of the Enterprise-wide Risk
Management (ERM) framework in the SACCO and is expected to lead and own the
SACCO’s risk strategy.
Specific responsibilities will include:
- Formulating
and ensuring the execution of Strategic objectives for the Audit, Risk and
Compliance department in line with the overall corporate plan;
- Formulating
and managing audit department’s annual budget;
- Establishing
an efficient and effective control environment to monitor risk, oversee
and enforce risk management policies to close gaps in risk capabilities;
- Monitoring
the Sacco’s compliance with risk management regulatory provisions; ensure
prompt reporting of risk exposures and provide advice on resolution, in
line with best practices;
- Ensuring
that risk management, control, and governance systems are functioning as
intended and will enable the organization’s objectives and goals to be
met;
- Organizing
internal and external audits, while ensuring compliance with the
management actions recommended in the audit reports;
- Attending
Board Audit Committee meetings as the Committee Secretary; and
- Advising
on risk issues and preparing audit report for the Board and Management to
assist in decision making.
Key
qualifications, knowledge and experience required:
- A
degree in Business Administration, Accounting, Banking, Finance or
Economics. A Masters Degree will be an added advantage;
- Possess
professional qualification such as ACCA, CPA (K), CISA and a registered
member of ICPAK; certified risk and compliance accreditations shall be an
added advantage;
- A
minimum of five 5 years working experience in audit, risk management and
risk supervision in financial institutions at senior management level as
an Audit Manager or its equivalent;
- Comprehensive
knowledge of ERM concepts, financial systems and process audit and
thorough knowledge of financial service industry/Sacco dynamics including
regulations, legislations and operating environment; and
- Demonstrated
ability to conduct reviews and development of policies and procedures and
align them with best practices including IFRS and International Standards
for Professional Practice of Internal Auditing.
How
to Apply
Applicants
for the all the positions above must possess excellent written and oral
communication skills, demonstrated interpersonal and organizational
skills.
Good
analytical skills and knowledge of ICT applications and attention to details
are also critical competencies. In addition they must be self-driven, have
ability to achieve results in a fast-paced, dynamic environment with shifting
priorities and have excellent facilitation and presentation skills.
If
you believe you can clearly demonstrate your abilities to meet the relevant
criteria for the above roles, please submit your application with a detailed CV,
stating your current position, current remuneration, e-mail and telephone
contacts and quoting the respective reference number on your application
letter.
To be considered, your application must be received by 21 November, 2014
addressed to:
The Director
Executive Selection Division
Deloitte Consulting Limited
Email: esd@deloitte.co.ke
Nairobi, Kenya
