• Ensure that the annual internal audit program, procedures are developed, updated and performed in accordance with approved internal audit program and procedures
• Ensures adequacy and effectiveness of internal control, risk management and governance processes within the Bank
• Ensure that corrective and preventive actions are taken by the Management without undue delay to eliminate detected nonconformists and their causes
• Liaises with External Auditors, Central Bank Auditors to coordinate and discuss audit related issues and resolve audit observations
• Advises management on new developments that affect control and provides solution in a proactive manner
• Assess the Bank’s compliance with all NBC’s reporting and check the final summary
• Ensures that auditors possess the knowledge, skills and other competencies needed to perform their individual responsibilities
• Assist in development of annual internal audit program and procedures;
• Assist in maintenance of the Bank’s internal audit policies, standards and practices.
• Perform any other duties as from time-to-time requested Committee and Board of Directors