Are you a seasoned internal audit professional with a passion for excellence and integrity? Do you have what it takes to lead and transform the internal audit function of a dynamic financial institution? Mwalimu Commercial Bank invites qualified, motivated, and visionary individuals to apply for the position of Head of Internal Audit — a key leadership role with direct reporting to the Board of Directors. Head of Internal Audit at Mwalimu Commercial Bank May 2025
Why Join Mwalimu Commercial Bank?
Mwalimu Commercial Bank is committed to driving financial innovation, transparency, and regulatory compliance in Tanzania’s banking sector. As the Head of Internal Audit, you will play a pivotal role in safeguarding the bank’s operations, ensuring sound governance, and contributing to its strategic direction.
Position: Head of Internal Audit
Location: Tanzania
Application Deadline: Wednesday, 11th June 2025
Email for Applications: recruitment@mwalimubank.co.tz
Key Responsibilities
As the Head of Internal Audit, you will:
- Lead internal audit functions and specialized reviews to assess the efficiency and effectiveness of internal controls, risk management, and compliance systems.
- Develop and implement a comprehensive audit strategy aligned with the Bank’s objectives.
- Conduct thorough audits of financial and operational procedures, reporting findings to senior management and the Board.
- Follow up on the implementation of audit recommendations from external auditors, Bank of Tanzania (BOT) examiners, and Board directives.
- Coordinate audit activities with external auditors and regulators to ensure a smooth and timely audit process.
- Investigate irregularities, determine root causes, and recommend practical corrective measures.
- Maintain and update audit policies, manuals, charters, and control frameworks.
- Review financial records and reports for compliance with International Financial Reporting Standards (IFRS) and BOT regulations.
- Carry out special investigations and prepare high-level reports for the Audit Committee.
- Use data analytics to detect fraud, inefficiencies, or regulatory breaches.
- Perform additional duties as requested by the CEO or the Board of Directors.
Minimum Qualifications and Experience
To be considered for this role, applicants must have:
- A Bachelor’s degree or equivalent in Auditing, Accounting, or Finance.
- Certified professional qualifications such as ACPA (Associate Certified Public Accountant).
- Additional certifications like CISA, CIA, or CIMA are highly desirable.
- A minimum of eight (8) years of banking experience, with at least five (5) years in a senior leadership role within internal audit or compliance.
CHECK ALSO:- JOBS IN TANZANIA
- Marine Services Company Limited (MSCL) Vacancies May 2025
- Mlele District Council Vacancies May 2025
- Itigi District Council Vacancies May 2025
- CCL Global Tanzania Graduate Program 2025
- Fully Funded VETA–Lindi Equinor & Shell…
How to Apply
Interested candidates should send the following documents to recruitment@mwalimubank.co.tz by Wednesday, 11th June 2025:
- A detailed and updated CV
- Certified copies of academic and professional certificates
- A compelling cover letter
Only shortlisted candidates will be contacted. Seize the opportunity to shape the future of internal audit at Mwalimu Commercial Bank. Your next leadership role awaits! Head of Internal Audit at Mwalimu Commercial Bank May 2025
