Job Vacancy: Credit Audit Specialist -Grade C
The Lesotho PostBank your only Basotho Bank invites suitably qualified candidates to apply for the following vacant positions:
Job Title: Credit Audit Specialist -Grade C
Reports to: Internal Audit Manager
Department: Internal Audit
Location: Maseru
JOB PURPOSE
Responsible for auditing of the governance, financial, business and operational processes within Lesotho PostBank. Leads and oversees credit risk management function audits and participate as a team member for all other audits.
DUTIES AND RESPONSIBILITIES
- Prepares a well-developed audit approach and documents high quality working papers for audits.
- Executes audit fieldwork in compliance with quality standards by following and completing prepared work programs.
- Provides clear and sufficient audit evidence to support recommendations and audit opinion.
- Identifies risks, assesses mitigating controls, and makes recommendations to improve the control environment.
- Prepares a quality and balanced audit report to specified standards, encapsulating the control weaknesses identified and results of audit work performed with minimal editorial changes.
- Keeps abreast of emerging industry standards, best practices, industry challenges, upcoming legislation operational requirements, and technology changes related to the internal audit environment.
- Identifies opportunities for innovation in audit as well as client processes and develops practical solutions to implement innovative practices.
- Follow-ups on open audit issues and their resolution.
- Participates in department-wide initiatives and assists with other operational and reporting activities as maybe required.
- Carries out ad-hoc or special assignments as may be determined by management.
- Executes the audit assignment within the agreed budget and timelines.
EDUCATIONAL REQUIREMENTS AND EXPERIENCE
- Bachelor’s degree or equivalent qualification.
- At least 3 years· experience in internal or external audit will be an advantage.
- Experience in banking and financial services environment preferred.
- Experience within “Credit Risk Management” and “Lending Products” is essential.
GENERAL KNOWLEDGE, SKILLS, AND ABILITIES
- Proactive in researching business best practice concepts in order to apply as appropriate.
- Solid listening skills and ability to identify gaps in logic – inquisitive.
- Strong organization and follow up skills including the ability to handle competing priorities and meet all deadlines and commitments.
- A broad understanding of the Laws and Regulations impacting the credit business.
- Good interpersonal and persuasive skills.
- Proven analytical skills and keen to collaborate with data specialists to shape audit tests and acquire relevant insights from data.
- Excellent verbal and written communication skills.
- Ability to flourish in a fast-paced complex environment and willing to adapt to change.
How to Apply
Applications (including names of three referees) accompanied by certified copies of relevant certificates should be emailed to [email protected]/ or to [email protected] or hand delivered to:
Human Capital Office
Lesotho PostBank
Mafike House. 1st Floor.
Maseru. Lesotho
The closing date for submission of applications is 24th February 2023
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED