• 2.7.5 Internal audit


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    Description of role

    Designed to add value and improve the central bank's operations. It is responsible in helping an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.     

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    Core technical skills

    • Familiarity with Internal Audit Standards
    • Ability to evaluate and report risk on internal controls deficiencies and risks identified
    • Ability to provide objectives and unbiased recommendations in terms of both efficient and effective performance
    • Ability to evaluate information security and associated risk exposures
    • Knowledge and experience in providing support to compliance and risk functions in their initiatives
    • Knowledge of preparing audit risk assessment audit plans and reports
    • Ability to review the adequacy and effectiveness of management controls and identify gaps and recommend compulsory controls where required
    • Knowledge of problem-solving skills and clear logical thinking
    • Knowledge and ability to provide reasonable assurance that risk management, control, and governance systems are functioning as intended by the organisation
     
        
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    Qualification and/ or certification

    • QFSQF Level 3
    • CA / CPA / ACCA / CIA or equivalent qualifications would be useful
    • Relevant experience