Table of Contents
Job Specifications
Division: Internal Audit & Forensics
Department: IT Audit
Location: Accra
Position: Senior Analyst, Mobile Money Audit
Level: MTN Level 3H
Reports to: General Manager, Internal Audit & Forensics
Job Summary:
This role is responsible for the implementation of high priority/risk mobile financial services audits as assigned and project manages medium to high priority proactive and reactive assurance work, in line with MTN Ghana and Mobile Money limited (MML) audit plans and the standards and methodologies set by MTN Group Internal Audit and Forensics function. It also performs assurance on adequacy and effectiveness of governance, risk and compliance management, internal controls including technology controls, providing recommendations on improvements, ensuring that internal audit processes and systems are robust enough for risk identification and mitigation and assists in the development of internal processes and procedures.
Job Role
- Execute MobileMoney Ltd (MML) related internal audit plans, in order to ensure that processes for MML (people, processes and technology), comply with company policies as well as statutory and regulatory policies.
- Keep abreast with changes in legislation that can impact MML and update policies and processes repository accordingly.
- Serve as a key member of the MML audit team directly executing internal high risk/priority internal audits: through conducting interviews, data and system analysis and testing, preparing database updates, providing status reports, and preparing final audit reports, in line with internal standards and methodologies.
- Prepare/review final MML reports, ensuring plan execution, consistency, quality and adherence to standards and methodologies.
- Lead or participate in other audits such as Integrated Audits, Halo Audits.
- Ensure that the internal control process established by management to safeguard assets and liabilities related to MML are carried out as expected.
- Lead and perform moderately complex, high risk or high profile MML internal audit assignments to uncover any inconsistencies and conduct investigations when required.
- Responsible for conducting and leading audits on People, Processes and Technology as assigned.
- Provide advisory / consulting service to business on governance, internal control, and risk issues.
- Ensure review of the interface between banks, clients and agents and ensures that the value chain for MobileMoney Ltd (MML) people, process and technology is compliant with both internal policies as well as with legislation and regulations, which are relevant for Fintech operations in Ghana.
- Consult with business clients to improve/re-engineer business processes in the financial services space
- Provide high quality and meaningful recommendations to management on risk identification and mitigation and corporate governance, to ensure that MML internal audit processes are robust, aligned to best practices and regulatory requirements and consider both internal and external factors.
- Provide Proactive Assurance and Project Assurance of prioritized projects and scope areas to proactively provide management with documented insights and observations impacting the internal control environment.
- Ensure that audit working papers are documented and updated in audit documentation tool (RSA Archer eGRC) in accordance with MTN Group Internal Audit methodologies and frameworks as well as relevant professional standards.
- Instill a culture of risk awareness through continuous engagement with management.
- Identify opportunities for increasing operational efficiencies and strengthening management controls on management requests, strategic projects, and ad hoc assignments
- Maintain relationships with senior management of assigned functional/business units to provide a value-added service
- Perform risk identification of business operations to assess potential problems or control weaknesses and provide guidance on how to address identified shortcomings on an ad-hoc basis
Context :
- A Fintech/ Financial services Industry
- Multi regulated and multidimensional stakeholder management
- Environmental, social and governance prioritized.
- Partnerships and platform business at the core of business ambition
- Evolving industry
- Agile ways of working
- Localization a key objective for business and government
- Guided by MTN Group Internal Audit & Forensics Group best practices
- Internal Audit (IA) and Combined Assurance (CA) Methodologies, Policies, Processes and Procedures in line with Institute of Internal Audit Standards (IIA)
Education:
- Minimum of a Degree in Accounting/Information Systems/Computer Science
- Professional certification (CISA/ CISSP/ CA/ CIA) a must
- Analytical skills and proficient in the use of ACL, IDEA and other CAATS
- Financial services background
- Knowledge in SQL and programming/scripting skills
- Network, operating system, and database certifications is advantageous.
- ISO 27001 and ISO 22301 Lead Implémenter/Auditor certifications are advantageous.
Experience:
- Minimum of five years relevant experience in Professional Accounting / Financial Services / Telecoms.
- Experience must include conduct of information systems and process audits.
- Fraud investigation experience is beneficial.
- Experience in a banking audit environment will be a plus.
- Experience working across diverse cultures and geographies advantageous.
- Experience working in a small to medium organization
Professional/Technical competencies:
- Knowledge of governance, risks and controls methodologies and frameworks such as COSO, King IV Corporate Governance Code etc.
- Good understanding of the legal and regulatory environment of the Dedicated eMoney Issuer (DEMI) and Payment Services Provider (PSP) service. Knowledge of the Payment Systems and Services Act (PSSA), National Communication Authority (NCA) guidelines, Anti Money Laundering Laws, and Guidelines etc.
- Business Acumen
- Knowledge of basic accounting principles, practices techniques and theories of financial reporting and internal controls, auditing standards, practices, and techniques – computer application used in auditing and data processing.
- Ability to interpret information and understand underlying commercial drivers of performance and convergence in the Telecom and Financial Services Industry.
- Ability to plan strategically to cover all potential risk exposures, implement and maintain a comprehensive audit program and audit activities.
- Analyze, evaluate and resolve complex internal control problems.
- Knowledge of the information technology environment
- Sound understanding of Information technology auditing principles and standards (ISACA/IIA)
Skills / Physical competencies:
- Ability to manage self and be a collaborator, good conflict management, ability to take and manage accountability.
- Energy & Drive – Innovative, takes initiative, result oriented and develops self consistently.
- Interpersonal Skills – Leadership, customer centricity, collaborative and coaches & develops direct reports.
- Personal Skills – Trustworthy, integrity and ethical in dealings.
- Operating Skills – Ability to focus on priorities and plans, share knowledge effectively.
- Organizational Positioning Skills – Good written and verbal communication, presentation skills, commitment to the organization.
- Global thinker, Strong Analytical thinking, and Problem-solving abilities.
- Consulting and Influencing skills
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