Legal And Compliance Auditor (Paterson Grade C)
Job Description
The Lesotho Post Bank, your only Basotho Bank invites suitably qualified candidates to apply for the following vacant position:
Job Title : Legal and Compliance Auditor (Paterson Grade C)
Reports to : Internal Audit Manager
Department : Internal Audit
Location : Maseru
JOB PURPOSE
To evaluate the Bank’s adherence to established laws, standards, regulations, policies, and procedures.
DUTIES AND RESPONSIBILITIES
- Performs audits to provide an independent and objective evaluation of Risk Management, Control and Governance within Lesotho Postbank.
- Identifies risks, assess mitigating controls, and make recommendations to improve the control environment.
- Executes audit field work in compliance with quality standards following and completing prepared audit programmes.
- Keeps sufficient and appropriate audit evidence to support audit conclusions.
- Executes audit assignments within the agreed budget and timelines.
- 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.
- Incorporates fundamental principles, key issues and control themes emanating from other functional areas and assurance providers to ensure relevant & appropriate audit findings.
- Keeps abreast of emerging industry standards, best practices, industry challenges, upcoming legislation, operational requirements, and technology changes related to the banking industry and internal audit environment.
- Identifies opportunities for innovation in audit as well as client processes and develop practical solutions to implement innovative practices.
- Follows-up on open audit issues and their resolution; and
- Participates in department-wide initiatives and perform other duties as assigned.
- Incorporates data analytics (DA) to enhance audit planning and create efficiencies in audit fieldwork.
- Carries out ad-hoc or special assignments as may be determined by management.
Job Requirement
EDUCATIONAL REQUIREMENTS AND EXPERIENCE
- LLB or equivalent qualification.
- Must have at least 3 years’ experience in Legal or Compliance, preferably in a financial services industry.
- Certified Internal Auditor designation will be an added advantage.
GENERAL KNOWLEDGE, SKILLS, AND ABILITIES
- Proactive in researching business best practice concepts 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.
- Excellent interpersonal and persuasive skills.
- Excellent verbal and written communication skills.
- Ability to flourish in a fast-paced, complex environment and willing to adapt to change.
The closing date for submission of applications is 19th April 2024
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED