The Head of Internal Audit is responsible for AllBank’s strategic risk-based internal audit plan and managing the internal audit function in accordance with AllBank’s internal audit charter and the professional standards for internal auditing promulgated by the Institute of Internal Auditors.
Responsibilities include providing reasonable assurance on the effectiveness of the organization’s risk management and the strength of internal controls. The position assesses organization-wide compliance with AllBank’s internal policies and procedures, laws and regulations, contractual terms and conditions, assistance and acquisition regulations/requirements, efficiency of operations, and accuracy of programmatic and financial reporting.
The Head of Internal Audit reports directly to the Audit Committee of AllBank’s Board of Directors with administrative oversight from the President.
MINIMUM REQUIREMENT
Education Must be a graduate of any accounting, business, finance or economics course.
Experience With technical proficiency on the conduct of internal audit and must have at least five (5) years-experience in the regular audit (internal or external) of a Thrift Bank, national Coop Bank or, at least three (3) years-experience in the regular audit (internal or external) of a UB or KB.
Other Skills
- Preferably Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information System Auditor (CISA) or equivalent required.
- Comprehensive understanding of Committee of Sponsoring Organization (COSO).
- Ability to effectively communicate with Board of Directors and Senior Management.
- Basic knowledge on branch operations
