Head of Audit Governance & Quality Assurance

Job Purpose:

To conduct independent reviews of the audit process undertaken to ensure whether the objective scope and the extent of coverage is adequately documented under the various stages of audit.

Key Tasks & Duties:

• Set-up Quality Assurance (QA) activities.

• Execute and improve robust quality assurance reviews that, taken together, contribute to the

overall evaluation of Audit Services’ conformance with internal policies and procedures as well as

the Standards of the Institute of Internal Auditors and supervisory expectations. Such reviews

collectively evaluate all aspects of the internal audit program. Among other things, this includes: (i) Planning review engagements in line with Audit Services’ quality assurance methodology and

approach, (ii) execute review engagements, including the gathering of sufficient, competent

evidence and compilation of high-quality work papers to document work performed and

conclusions reached, communicate with review participants to create transparency and

understanding related to the quality assurance review process, (iii) communicate results of review

engagements, including making recommendations related to review opinions and the basis for such recommendations and review issues.

• Lead the Quality Assurance Review Team.

• Follow-up to close audit observations within agreed target dates.

• Provide overall direction and day-to-day management to accomplishment of work objectives, and coach, develop and evaluate team members.

• Lead and/or support special/ regulated audit assignments.

• Access a network of audit professionals at other financial institutions, public accounting firms,

and/or professional associations to enable (i) monitoring of trends and developments in banking,

financial services, internal audit practice, and supervisory expectations; (ii) identification of

potential enhancements in internal audit practices, processes, and methodologies; and (iii)

benchmarking comparisons of Audit Services’ performance. Integrate enhancements into

professional development programs, the quality assurance review program and the audit process.

• Operate within departmental and bank budget and expense guidelines.

Qualification:

• Undergraduate degree in Accounting, Finance, Business Administration or related field.

• CIA designation or at least Internal Audit Practitioner.

Experience:

• 6+ years of public accounting and/or private industry experience with knowledge of internal

control areas, internal audit, risk management and operational improvement.

• Prior Experience in Big 4 and Banking is a plus.

Additional skills required are:

• Strong verbal and written communication skills, to effectively present to peers and management.