IT Audit Officer

Role Summary:

The IT Audit Officer is responsible for overseeing and ensuring the efficient and effective conduct of IT and information security independent reviews performed by outsourced firms. This role involves coordinating with external auditors and ensuring compliance with organizational policies and regulatory requirements. The IT Audit Officer will evaluate the findings and recommendations from outsourced audits, collaborate with internal stakeholders to address identified issues, and implement corrective actions. Key responsibilities include monitoring the quality and timeliness of outsourced audit activities, maintaining comprehensive documentation, and providing updates to the Audit Committee on the status of audit engagements. Additionally, the IT Audit Officer is responsible for compliance and operations review as assigned in the completion of the audit plan.

Main Duties and Responsibilities:

Professionalism and ATRAM Values

• Conformance with the internal audit charter, the IIA's definition of Internal Auditing, the Code of Ethics and the Standards
• ATRAM Values - Integrity, Discipline, Collaboration, Innovation, Curiosity, Resilience, Empathy and Excellence
• Pursues professional development opportunities, including internal and external training and professional association memberships, and shares information gained with co-workers

Audit Program Management

• Risk Assessment - Assist in the conduct of the comprehensive identification and evaluation of the organization's audit risk areas and oversees the development of the annual audit plan based on identified risks.
• Audit Plan - Completing the approved audit plan in a given year. Directs the overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
• Audit Reporting - Communicates the results of audit and consulting projects via written reports and oral presentations on a timely basis to management and the Committee.

Innovation on audit work processes and promotes continuous process improvement. Evaluate and assess significant new or changing services, processes, operations, and control processes coincident with their development, implementation, and/or expansion.

Competencies Required:

Leadership/Behavioral Skills:

• Analytical Thinking: Ability to analyze complex financial data and identify potential risks
• Attention to Detail: Ensuring accuracy and thoroughness in all audit processes
• Communication Skills: Effectively communicating audit findings and recommendations to stakeholders.
• Ethical Standards: Upholding high ethical standards and promoting a culture of integrity within the organization

Functional Competencies:

• Strategic Planning: Developing and implementing audit plans that align with organizational goals
• Regulatory Knowledge: Understanding and applying relevant laws, regulations, and standards in audit processes
• Risk Management: Identifying and assessing risks and developing strategies to mitigate them.
• Internal Control Including IT General Controls and Information Security Controls: Evaluating the effectiveness of internal controls and recommending improvements.
• Business Acumen: Understanding the organization's business processes, risks, and strategic objectives

Education and Experience Required:

• Must possess at least a Bachelor's/College Degree in Accountancy, Business studies, Administration/Management, Marketing, Finance/Accountancy/Banking, Commerce or equivalent
• Must have 2-3 years of work experience in Internal/External Audit
  
  At least 1 year experience in IT Audit, IT general controls and information security reviews
• Certified Public Accountant or Certified Internal Auditor
• Financial Institution/ Trust and Fund Management Business