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Urgent! Internal Audit Manager – Faulu MFB at Old Mutual Kenya Job Opening In Kenya, Kenya – Now Hiring Confidential

Internal Audit Manager – Faulu MFB at Old Mutual Kenya



Job description

Job Description

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment.

We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.


Internal Audit Manager – Faulu MFB

Role Summary / Purpose:

  • The role supports the Group Head of Audit in assisting the Board and Executive Management to protect the assets, reputation and sustainability of the Old Mutual Group.

  • The role will be responsible for execution of audit assignments at Faulu Microfinance Bank Limited and other entities within Old Mutual Group East Africa.

  • The role will report to the Head of Audit, East Africa and will support with the implementation of the GIA strategy and mandate for the said portfolio.
  • Role Description & Key Result Areas:

  • To participate in development and implementation of risk-based audit plans.

  • To execute and manage audits for Faulu Microfinance Bank Limited as well as audits for Old Mutual entities in East Africa as required in accordance with the Group Internal Audit (GIA) methodology.

  • Champion advanced data analytics and Continuous Audit Monitoring (CAM) as part of GIA’s digital enablement strategy.

  • To help the Group deliver the strategic initiatives successfully by focusing on the significant risks, both existing and emerging.

  • Provide independent opinion on risk & control environment for the various business units or processes.

  • Engage with business process owners to agree on audit deliverables (risk assessments, control workshops and adequacy assessments), timeframes and reporting in relation to work done.

  • Deliver audit assignments on time & in accordance with the Group Internal Audit (GIA) methodology and as per agreed quality standards.

  • Challenge and influence the relevant executives to improve the governance, risk, and control culture.

  • Engage and provide audit assurance to Executive Management and the respective Audit and Risk Committees.

  • Manage staff within area of responsibility, including budgets.

  • Develop and maintain relationships with key stakeholders including Board Audit Committee, Senior Management, Risk Officers among others.

  • Contribute to developmental interventions and on the job coaching
  • Qualifications and Experience:

  • A bachelor’s degree in business, Finance or IT.

  • Professional qualifications – CPA, CISA, ACCA, CISM, CRISC, COBIT, CIA.

  • Proficient in use of advanced data analytics tools and continuous auditing eg Python, ACL, IDEA.

  • Minimum of six years relevant experience in the internal audit function and / or external audit function.

    Experience in the financial services industry is an added advantage.

  • Required Skill Profession

    Financial Specialists



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