Duties and Resposibilities
- Conducting risk assessments by identifying and agreeing risks and ranking them by likelihood and impact in order to come up with the risk profile and audit focus areas.
- Developing a matrix that identifies controls and evaluates their effectiveness in mitigating the identified risks.
- Organising and carrying out a pre-audit meeting with the client to agree on the audit objectives and scope of the planned audit.
- Evaluate the adequacy and effectiveness of risk management, compliance and governance processes and procedures
- Carrying out investigations for complaints or allegations received.
- Developing a program of appropriate audit tests and analysis by identifying the control objective, key risks, existing controls
- Conducting audit fieldwork
- Quantifying the risk and documents existing weaknesses with the current system/procedure.
- Reviewing previous audit reports and note down issues that have agreed action plans falling within implementation timeframe.
Qualifications and Experience
- Degree in Finance, Accounting, Risk Management.
- Degree in Actuarial Science can also be considered
- Experience in a similar position.