JOB DESCRIPTION – AMAL BANK

Job Title: Senior Internal Auditor

Location: Hargeisa- Somaliland

Reporting to: Chief Internal Auditor

Position Summary

The Senior Internal Auditor is responsible for conducting, performing, and executing financial, operational, and compliance audits to assess the effectiveness of internal controls and mitigate risk management processes while protecting the assets of Amal Bank, including its Hawala agency operations across Somaliland. The role ensures that the Bank’s activities comply with applicable laws, regulations, and internal policies while identifying opportunities for improvement in operational efficiency.

Key Responsibilities:                                                 

1.     Audit Planning and Execution

·       Plan, prepare, and perform regular financial and operational audits, internal control reviews, and special investigations.

·       Develop and execute audit programs aligned with regulatory standards and management objectives.

·       Conduct field audits at Amal Bank branches and agent locations across Somaliland.

·       Perform risk assessments and conduct interviews to identify control gaps, inefficiencies, and areas of non-compliance.

2.     Financial Review and Analysis

·       Review and analyse financial statements, reports, and records using accepted accounting and statistical methods.

·       Inspect and verify accounting systems, cash balances, payroll records, and other financial data for accuracy, completeness, and compliance.

·       Evaluate internal control systems to ensure the effectiveness, reliability, and security of financial information.

3.     Compliance and Risk Management

·       Identify and report deficiencies, inefficiencies, or potential fraud and violations of laws, regulations, or internal policies.

·       Ensure that all audit work complies with regulatory requirements, internal audit standards, and bank policies.

·       Recommend and monitor the implementation of corrective actions to address identified risks and control weaknesses.

4.     Reporting and Documentation

·       Prepare comprehensive audit reports summarising findings, risks, and recommendations for improvement.

·       Follow up on management’s action plans and remediation progress to ensure timely resolution.

·       Maintain accurate audit documentation and evidence in line with Generally Accepted Auditing Standards (GAAS).

5.     Coordination and Collaboration

·       Coordinate with external auditors to support efficient and compliant year-end audits.

·       Collaborate with internal departments, management, and other assurance functions (e.g., Compliance, AML) to strengthen internal controls.

·       Foster effective communication and maintain productive relationships with management, staff, and external stakeholders.

6.     Continuous Improvement and Professional Development

·       Stay informed on industry trends, emerging regulations, and auditing best practices relevant to financial services.

·       Proactively identify opportunities to enhance audit processes and promote continuous improvement across the organization.

Qualifications

·       Master's degree in Accounting, Finance, or related field.

·       3 - 5 years of experience in accounting or auditing (preferably in the financial services sector).

·       Professional certification, such as CPA or CIA, is highly desirable.

·       Strong knowledge of accounting principles, internal control systems, and auditing methodologies.

·       Detail-oriented individual with excellent writing and oral communication skills in both English and Somali

·       Strong analytical, organisational, and problem-solving abilities.

·       Proficient with computers, spreadsheet software programs and calculators.

·       Proven ability to manage multiple assignments and meet deadlines by setting priorities with jobs/assignments.

·       Strong interpersonal skills with the ability to establish and maintain effective working relationships with staff and agents.

Specific Requirements

·       Willingness to travel frequently within Somaliland, including overnight stays.

·       Must possess a personal vehicle for local work-related travel.

·       Exclusive commitment to Amal Bank duties (no outside employment).

Why Join Amal Bank?

• Competitive compensation package based on qualifications and experience.
• Professional growth and learning opportunities.
• Collaborative and ethical work environment.
• Commitment to diversity and equal opportunity employment.

Interested candidates should [click here to apply] (http://portal.amalbankso.so/recruitments) and upload their CV, cover letter, and supporting documents (certificates, references, etc.) with the subject line:                 “Application – Senior Internal Auditor , Hargeisa.”

Deadline: 11/26/2025

Amal Bank is an equal opportunity employer and offers a competitive compensation package commensurate with qualifications and experience.