Chief Internal Auditor at Development Banking Ghana (DBG)
AccraJob Description
• The job holder will be responsible for coordinating and overseeing the bank’s internal audit Department.
• This pivotal role involves collaborating with the board and management to develop and implement the internal audit strategy aligned with the overall bank strategy and regulatory requirements
• The Chief Internal Auditor shall provide objective assurance over internal control and risk management policies, serving as a trusted advisor to the board and management on all internal audit and related matters
• Prioritized responsibilities of the Chief Internal Auditor include the following:
Strategy and internal audit functions and reporting
• Develop, implement and monitor the strategic objectives of the internal audit department, ensuring alignment with the bank’s overall strategy
• Oversee internal audit’s involved in critical business and technology initiatives, ensuring proactive input into control design and implementation
• Actively participate in executive management and committee meetings to align the Internal Audit Plan with the bank’s strategy and mission-critical objectives
• Lead change initiatives related to risk assessment, annual audit planning, audit execution, reporting, staff development, technology and board reporting
• Serve as a trusted advisor to the board and management in designing risk frameworks and audit systems compliant with regulatory and professional standards
• Obtain board approval for the risk-based annual audit plan
• Prepare and submit comprehensive reports to the board and management, addressing key issues requiring attention
• Regularly meet with the board to report on ongoing monitoring activities, educate on emerging risks and provide insights into internal control best practices
• Maintain the audit technology platform in collaboration with the Information Technology Department
• Coordinate activities with external auditors, leveraging the results produced from internal audit’s work
• Ensure internal audit’s compliance with the international professional practices framework (IPPF) standards
Leadership and People Management
• Provide leadership for the internal audit function, setting objectives and monitoring performance against key performance indicators
• Support team members through training to ensure continuous development
• Manage performance issues and inappropriate behavior that does not align with the bank’s values, taking corrective actions
• Coordinate with other assurance providers, such as Risk and Compliance, to optimize value for the bank
• Build and maintain professional relationships with all other departments of the bank
Audit Planning and Execution
• Develop comprehensive internal audit plans based on a thorough understanding of the banks operations, strategic objectives and associated risks
• Executive risk-based audit programs, ensuring coverage of key areas and adherence to audit timelines
• Conduct financial, operational and compliance audits to evaluate the effectiveness of internal controls
Risk Assessment and Mitigation
• Identify and assess risks associated with the bank’s operations, recommending strategies to mitigate potential threats
• Collaborate with management to implement risk management best practices and ensure compliance with regulatory requirements
Financial Analysis and Reporting
• Analyse financial statements, transactional data and operational processes to identify irregularities or areas for improvement
• Prepare comprehensive and concise audit reports, highlighting findings, recommendations and management responses
Stakeholder Communication
• Communicate audit results and recommendations to the board and senior management, the Audit Committee and other relevant stakeholders
• Foster effective relationships with business units to enhance collaboration and understanding of audit objectives
Continuous Improvement
• Stay abreast of industry best practices, emerging risks and regulatory changes to enhance the effectiveness of internal audit processes
• Propose and implement improvements to internal audit methodologies, tools and procedures
Compliance and Ethics
• Ensure that audit activities comply with relevant laws, regulations and ethical standards
• Promote a culture of integrity, accountability and ethical behavior within the bank
Qualification Required & Experience
• Master’s Degree in Fraud/Risk Management, Accounting or related discipline
• Professional certification/membership at a recognized professional association in Ghana or abroad professional association in Ghana or abroad (CIA/CPA/CA/ACCA) is essential
• Professional Certification/membership at a recognized professional association in Ghana or abroad (CISA) is advantageous
• Additional qualifications in banking or development finance is advantageous
Work Experience
• 10 years of experience in internal audit within financial services or development finance sector
• 8 years of experience in managerial role
• Experience in providing entity in a developing economy
Location: Accra
Closing Date: 26th November, 2025
HOW TO APPLY
Click Here to Submit your CV and Application on Company Website