Finbank s.a. is looking for a well-motivated person with honesty, integrity, analytical and investigative skills for the position of Head Internal Audit.

I. KEY FUNCTIONS & RESPONSIBILITIES

1. Develop and implement comprehensive internal audit policies, procedures and programs, performing audits in accordance with such programs:

o Update Internal Audit procedures, Internal Audit Charter, whenever required.
o Prepare audit plans to be approved by the Board Audit Committee.
o Review bank practices and records for compliance with established internal policies, procedures as well as international regulations.
o Coordinate field work for efficient tests on both the functioning of specific internal control procedures and transactions.
o Train staff on the Audit program.
o Perform financial, operational and compliance audits in accordance with the approved Internal Audit Plan.
o Conduct investigations of irregularities discovered by or brought to the auditor's attention.

2. Examine and evaluate the effectiveness and adequacy of the Internal Control systems:

o Perform a review of mean, techniques of safeguarding assets.
o Assess the reliability and integrity of financial and operational information.
o Perform a review of the effectiveness and application of the risk assessment methodology and risk management procedures.
o Recommend improvements to internal controls, operating efficiency, and the adequacy of accounting policies, procedures, records, and record-keeping.
o Discuss with audited units on noted exceptions, explanations given about noted exceptions, deadline for corrections, measures to prevent reoccurrence where applicable.
o Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during both external and internal audits.

3. Reporting

o Report audit findings and recommendations to Management based on the results of regulatory scheduled and non-scheduled audits.
o Submit Audit Reports to management for responses and corrective actions taken or to be taken in regard to the specific findings.
o Prepare and submit the audit report to the Board Audit Committee.

II. POSITION REQUIREMENTS

· Bachelor's degree in a relevant field, preferably in Accounting, Finance, or any other related course.
· Fully qualified Certified Public Accountant (CPA) or ACCA.
· Over 5 years of experience in audit or internal risk management, preferably within the financial services sector.
· Fully Certified Information Systems Auditor (CISA) is "highly desirable".
· Certified Internal Auditor (CIA) is "highly desirable".

III. COMPETENCIES AND ATTRIBUTES