Job Objective:

Shabelle Bank S.C. is seeking an experienced and visionary Internal Audit Director to lead its Internal Audit Department. This is a high-impact role that is essential in ensuring robust internal controls, effective risk management, and sound corporate governance. The Internal Audit Director will play a strategic role in safeguarding the Bank’s assets, supporting regulatory compliance, and enhancing organizational efficiency and accountability.

Key Responsibilities:

• Strategically lead, mentor, and manage the Internal Audit team to promote a culture of integrity and accountability.

• Design and execute a risk-based annual audit plan aligned with the Bank’s strategic goals.

• Evaluate the adequacy and effectiveness of internal control systems, operational procedures, and financial processes.

• Conduct independent audits in line with the National & International Internal Auditing Standards and applicable regulatory frameworks – such as NBE

• Identify significant risk exposures and provide actionable recommendations to mitigate them.

• Ensure audit reports are clear, comprehensive, and delivered to the Board of Directors and Senior Management in a timely manner.

• Monitor compliance with internal policies, regulatory requirements, and industry standards.

• Collaborate with senior leadership to improve governance practices and internal policies.

• Stay abreast of changes in the banking industry, emerging risks, and evolving audit methodologies.

• A bachelor’s degree in accounting, Finance, Business Administration, or a related field (master’s degree preferred).

• Professional certification such as CPA, ACCA, CIA, or CISA is highly desirable.

• A minimum of 8 years of relevant professional experience, with at least 5 years in a leadership role within internal audit, preferably in the banking or broader financial services sector.

• Strong knowledge of banking operations, risk management frameworks, and regulatory compliance (including NBE directives).

• Hands-on experience in developing and executing risk-based audit plans and in preparing reports for executive leadership and boards.

• Key Competencies & Skills:

• Proven leadership and team management abilities.

• Exceptional analytical and problem-solving skills.

• High level of integrity and professionalism.

• Strong communication and report-writing skills.

• Adept at using audit software and financial systems.

• Ability to manage multiple priorities and meet deadlines under pressure.

How To Apply

Interested and qualified candidates should submit a concise CV (maximum 3 pages, in English, PDF format) and include three professional referees with full contact details (email and telephone) via the official recruitment platform www.ethiojobs.net

Please note:

• Physical or hard copy applications will not be accepted.

• No fees are charged at any stage of the recruitment process.

• Shabelle Bank reserves the right to cancel this vacancy at any time.

• Only shortlisted applicants will be contacted.

Take the next step in your career and be part of a forward-looking financial institution committed to transparency, innovation, and sustainable growth.
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