Internal Audit and Risk Management Specialist

Job Responsibilities

Internal Audit and Risk Management Specialist, based in Lilongwe, will be responsible forproviding assurance and risk management service andimplementation of enterprise-wide risk management framework and policy..

         5.1    Key Duties and Responsibilities

• Coordinating risk management implementation.
• Assessing risks associated with the Authority projects before and during their execution.
• Conducting workshops and awareness sessions to promote understanding of risks.
• Assisting in compiling and assessing risk information.
• Ensuring stakeholder identification, key risk indicators, tolerance levels, thresholds, and controls.
• Establishing and monitoring key risk indicators to proactively identify exposures or control weaknesses.
• Spotting emerging risks in areas such as new regulation and fraud
• Continuously and periodically monitoring risks against appetites and tolerance levels.
• Establishing and managing a comprehensive compliance register for the Authority.
• Producing reports for management use, summarizing key risk findings, mitigation strategies, and recommendations to support informed decision-making.
• Providing insights into risk-related audit findings, control assessments, and recommendations for improvement.
• Managing the whistleblower hotline

 

Job Context

• Reporting to the Head of Internal Audit and Risk Management

 

Educational Requirements

• Bachelor’s Degree in Audit/Accounting/Finance/Risk Management from a recognized and accredited University
• Must be a member of Institute of Internal Audit

Experience Requirements

• Minimum of three years’ relevant experience

Additional Requirements

 

Personal Attributes and skills

 

• Attention to detail;
• Honesty;
• Technically competent;
• Strong analytical skills;
• Good communication skills; and
• Knowledge of Sage 300 ERP-ACCPAC, and Microsoft office packages.

 

Job Location

Lilongwe

Employment Status

Full-Time

Vacancy

1

Position

INTERNAL AUDIT AND RISK MANAGEMENT SPECIALIST

Organisation

TEVET AUTHORITY

Deadline

03/14/2025