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Assistant Manager, Internal Audit
Location:Mackey Street Head Office
Job Type:Audit
FT/PT Status:Regular Full Time
  

Major Responsibilities:
The Assistant Manager, Internal Audit is responsible for managing the day-to-day execution of internal audit projects, while ensuring quality reporting standards are maintained and adhered to in accordance with CB Internal Audit Methodology, applicable regulation and legislation, and best practices. The position supports the Assistant Vice President, Internal Audit with developing and executing the annual audit plan and the risk management assessment framework to drive internal audit projects. The position is required to provide support to their direct and indirect reports by providing recommendation of initiatives to enhance the internal audit function, while assisting with creating operational efficiencies and reducing risks across the Bank. The incumbent must be knowledgeable of the Bank’s policies and procedures, Code of Conduct, Code of Ethics and Bahamas financial services legislation and regulations.

Qualifications, Skills and Experience:
• Minimum of six (6) years qualifications with a Professional Auditing or Accounting Firm.
• Bachelors degree in Accounting from a recognized University.
• Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) certification

Knowledge:
The applicant should be proficient in the following areas:
• Accounting principles, techniques and auditing software.
• Computer skills, with proficiency in Microsoft Office applications.
• Intermediate knowledge of data analytics software.
• Intermediate knowledge of TeamMate software.
• Bahamas Financial Services Acts and Regulations
 

Competencies:
The applicant should demonstrate the following:
• Ability to Drive Engagement – create a climate where team members are motivated to do their best to help the organization achieve its objectives.
• Decision Quality – ability to make good and timely decisions based on analysis, wisdom, experience and judgement.
• Business Insight – ability to apply knowledge of the business and the marketplace to advance the organization’s goals.
• Strategic Mindset – ability to look, plan and move into the future with clear intentions and purposeful actions.
• Drives Results – possess an achievement mindset and eagerness to take the initiative.
• Customer Focus – ability to build strong customer relationships and deliver customer centric solutions.
• Drive Vision & Purpose – ability to paint a compelling picture of the Bank’s vision and strategy that motivates others to action.
• Cultivate Innovation – ability to come up with useful ideas that are new, better or unique.

Required Skills:
• Stress management skills. Not easily overwhelmed. Able to multi-task in a fast paced working environment while maintaining efficiency and accuracy.
• Good knowledge of credit risk assessment and analysis.
• Good organizational and people management skills.
• Sound problem-solving, analytical, and interpersonal and decision making skills.
• Sound computer skills, including proficiency with Microsoft Office suite or equivalent (word   processing, spreadsheet, presentation)
• Result-oriented, with a good work ethic and time management skills.
• Advanced knowledge of accounting, financial reporting and credit inspection standards and best practices.
• Good written and oral communication and presentation skills.
• Strong understanding of business ethics concepts and demonstration of integrity, credibility and confidentiality.
• Can balance diplomacy with assertiveness.
• Can identify key decision makers and the people who influence them.
• Can deal with difficult issues in a straightforward manner.
• Seeks mutual understanding, and welcomes sharing of information fully.
• Fosters open communication and stays receptive to bad news as well as good.
• Leads by example.
• Can initiate and participate in conversation that enhances approachability.
• Can identify and use analysis techniques that quickly identify process gaps.
• Can select and apply major problem-solving techniques.
 

Personal Attributes:
The incumbent must maintain confidentiality, use sound judgement and perform independently while performing the duties of the Assistant Vice President. The incumbent must also demonstrate the following personal attributes:
Maintain standards of conduct
Display characteristics of honesty, integrity and sound ethics
Possess cultural and business awareness and sensitivity 
Be respectful
Be flexible
 

Remuneration Package:

Commonwealth Bank is a Great place to work! We offer an exciting work environment with the opportunity for growth and development. We also offer a competitive compensation package, reflecting the successful applicant’s experience and qualifications, including a performance based incentive plan, health, vision, dental and life insurances and a pension plan.
Qualified individuals should complete an online application by February 28, 2025.

Commonwealth Bank is the premier Bahamian Bank with branches located in New Providence, Grand Bahama and Abaco. We are committed to delivering superior quality service, to training and developing our employees, to creating value for our shareholders and to promoting economic growth and stability in the community.

“Commonwealth Bank sincerely thanks all applicants for their interest in becoming a part of our team, however, only those applications being considered will be contacted.”