Job Responsibilities

Internal Audit and Risk Management Specialist, based in Lilongwe, will be responsible for providing assurance and risk management service and implementation of enterprise-wide risk management framework and policy..

          5.1     Key Duties and Responsibilities

•        Coordinating risk management implementation.

•        Assessing risks associated with the Authority projects before and during their execution.

•        Conducting workshops and awareness sessions to promote understanding of risks.

•        Assisting in compiling and assessing risk information.

•        Ensuring stakeholder identification, key risk indicators, tolerance levels, thresholds, and controls.

•        Establishing and monitoring key risk indicators to proactively identify exposures or control weaknesses.

•        Spotting emerging risks in areas such as new regulation and fraud

•        Continuously and periodically monitoring risks against appetites and tolerance levels.

•        Establishing and managing a comprehensive compliance register for the Authority.

•        Producing reports for management use, summarizing key risk findings, mitigation strategies, and recommendations to support informed decision-making.

•        Providing insights into risk-related audit findings, control assessments, and recommendations for improvement.

•        Managing the whistleblower hotline

Job Context

·           Reporting to the Head of Internal Audit and Risk Management

Educational Requirements

 ·       Bachelor’s Degree in Audit/Accounting/Finance/Risk Management from a recognized and accredited University

·       Must be a member of Institute of Internal Audit

Experience Requirements

·       Minimum of three years’ relevant experience

Additional Requirements

Personal Attributes and skills

·       Attention to detail;

·       Honesty;

·       Technically competent;

·       Strong analytical skills;

·       Good communication skills; and

·       Knowledge of Sage 300 ERP-ACCPAC, and Microsoft office packages.

Job Location

Lilongwe

Employment Status

Full-Time

Vacancy

1

Position

INTERNAL AUDIT AND RISK MANAGEMENT SPECIALIST

Organisation

TEVET AUTHORITY

Deadline

03/14/2025