Chief Internal Auditor Employment Opportunity – United Bank for Africa (UBA)

Organization: United Bank
for Africa (UBA)
Duty Station: Kampala,
About UBA:
United Bank for
Africa (UBA Uganda) is a commercial bank that focuses on the individual
customer, small and medium enterprises (SMEs), as well as large corporations.
The Nigeria-based parent company United Bank for Africa Plc., started
operations in Uganda with a capital base of US$12 million. The bank’s entry
into the Ugandan market along with other regional heavyweights including Kenya
Commercial Bank and Ecobank Transnational, has energized the country’s
financial sector, increasing competition, resulting in improved customer
service across the board. As of December 2011, the bank’s total assets were
valued at about US$50 million (UGX:122 billion), with shareholders’ equity of
about US$17.1 million (NGN:2.72 billion).
Job Summary: The Chief
Internal Auditor will provide the Audit Committee of the Board, the MD and the
Group with independent assurance on the effectiveness of the Bank’s Audit
control, risk Management and governance processes. The incumbent will also participate
in the formulation, design and revision of the Bank’s internal audit strategy.
He / she will also effectively manage the department on a day to day basis.
Key Duties and Responsibilities: 
Prepare comprehensive risk based internal audit
plans for the Bank that ensure effective implementation of the departments
statutory and policy mandate and guide the departments work.
The incumbent will periodically report to the Audit
Committee the status of the Audit plan and adequacy of resources available to
achieve the plan.
Work closely with external governance groups such as
External Auditors and Central Bank Supervisors with regard to internal audit
Ensure compliance by the Audit Department with the
Internal Audit Charter.
Regularly report to the MD and Audit Committee on
the occurrence of instances of frauds and the results of fraud investigations.
Represent the Bank at the Fraud and Forgeries Sub
Committee of the Uganda Bankers Association.
Qualifications, Skills and
The applicant should hold a first degree (or
equivalent) in Accounting, Banking & Finance or related discipline.
Possession of a postgraduate and / or Professional
qualification in accounting e.g. ACA, ACCA
At least six years’ cognate experience in banking
audit environment, with at least three (3) years in a managerial /supervisory
Good appreciation of; Banking Operations and
Industry Knowledge, Regulatory Complaince Requirements, Business Risk
Business Process Flows and Information Technology
How to Apply:
All interested
candidates who wish to join the banking sector should send an updated CV,
application letter and copies of academic certificates to the address below.
Bank Secretary,
Spear House,
PLOT 22, Jinja
Kampala, Uganda
25th September, 2015

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