Assistant Internal Auditor Job Careers – Kyamuhunga Peoples Co-operative Savings and Credit Society Ltd (KYAPS)

Job Title:    Assistant Internal Auditor

Organisation: Kyamuhunga Peoples Co-operative Savings and Credit Society Ltd (KYAPS)

Duty Station:  Uganda

Reports to: Internal Auditor


About US:

Kyamuhunga Peoples Co-operative Savings and Credit Society Ltd (KYAPS) is a growing SACCO whose operations cover Western Uganda. It started her operations on 28th Dec. 1998. KYAPS is a member founded member controlled and member governed Tier four financial institution dully registered as a Cooperative Society under the 1991 Cooperative Act.


Job Summary:  The Assistant Internal Auditor will be responsible for identifying, assessing, monitoring and reporting of Compliance risk in KYAPS’ various business processes in line with applicable laws, regulations and KYAPS’ policies and procedures.


Key Duties and Responsibilities:  

  • Implementation of scheduled compliance reviews: Conducts compliance checks as per approved compliance schedule, conduct reviews, assessments including addressing compliance faults and subsequent reporting of compliance risk from all branches and departments in line with KYAPS’ policies and procedure and Compliance plan.
  • Follow up on Audit issues: Follows up for proper and timely implementation of Audit (SUPCO, Internal & External) recommendations and Regulator directives.
  • Closing pending compliance issues: Visits branches and departments, identifies and closes compliance gaps, agree on action plans and timeliness, follow-ups on agreed action plans for closure.
  • Review and reporting: Reviews and reports on Risk/ compliance/non-compliance to lenders covenants and other service level agreements, reviews compliance with regulatory risk limits for KYAPS, and other critical entities in line with set policy, applicable laws and procedural standards.
  • Monitor Management and Information System; Identifies, monitors, reports, mitigate any weakness associated with the MIS workflows in line with KYAPS policies and procedures and other laws eg Anti-Money Laundering etc.
  • Risk and Compliance Training: Conducts training on different risks/compliance aspects For instance, regulatory requirements, KYAPS policies and procedures etc.
  • KYAPS Operational Oversight: Continuously ensure close oversight of risk operations (monitors application workflow, credit operations work flow, human resources, processes and systems) and ensure they are working optimally.
  • Stakeholder engagement: Builds professional stakeholder relationships both internally and externally, displaying excellent abilities to influence, negotiate, listen, advise and present at all levels regarding risk and compliance issues affecting KYAPS.
  • Financial Management: Analyses departmental and Branch budgets and forecasts and manage the delivery and monitoring thereof implementing cost savings and other financial efficiencies to achieve the set targets.
  • Support with risk awareness in KYAPS operations: Identifies, assesses and manages potential risks in all KYAPS operations, investments, processes and procedures by identifying potential risks and due mitigations to mitigate potential financial and non-financial losses.
  • Conduct regulatory compliance reviews: Follows up, documents and promptly engages various stakeholders at KYAPS on ensuring compliance with applicable regulatory requirement as well as ensuring timely submission of returns.


Qualifications, Skills and Experience:

  • Bachelor’s degree in Law/Business Administration or a business related field.
  • Should posses 2 principle passes at A’ Level and credits in English and Mathematics at O’ Level
  • Possession of CPA(U) Level 1 to 4 is an added advantage
  • At least two years’ experience in banking or related financial institution.
  • Strong networking and stakeholder engagement skills
  • Sound judgment and decision-making skills
  • Analytical skills, Strategic thinking and implementation skills
  • Broad knowledge of Banking Operations, Pertinent Banking Compliance legislation, policies and procedures.
  • A good understanding of laws and regulations governing financial institutions.
  • Supervision, Risk Management/Audit Excellent relationship building, influencing, facilitation and presentation skills at all organizational levels
  • Age: Between 30-35 years


How to Apply:

All qualified candidates should send their Application Letters, updated CVs, and relevant academic documents as well as names and contact information for 3 references to;


The Chairperson,

Finance and Administration Committee,

Kyamuhunga Peoples Co-operative Savings and Credit Society Ltd,

Kyamuhunga Town Council, Ishaka-Kasese Road P.O Box 371 Bushenyi. Uganda




Deadline: 6th May 2021


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