Indo Zambia Bank Limited, a bank which has been operating in Zambia since 1984 and has a branch network of 38 branches and agencies across the country, has exciting career opportunities for individuals seeking to grow in the banking and financial services sector.

Job Purpose

The jobholder will be responsible for conducting investigations into allegations of financial crime and irregularities and performing internal auditing as per audit calendar.

Essential Duties and Responsibilities

Under the supervision of the Chief Internal Auditor, the following are among the Job Key Responsibilities:

• Performing internal audits as per internal audit calendar

• Performing investigations across the bank at the request of management. Document investigation findings in reports and risk events and circulate to management for action.

• Assesing and determine need and level of an investigations on all fraud risk events reported to the Unit. • Independently and objectively plan and execute investigations in accordance with professional standards. In addition, the incumbent will have to keep a tracking action list of all audit issues relating to Fraud risk.

• Identifying fraud prone areas for vigilance and snap checks and recommend managements actions to mitigate identified control weaknesses and for consequence management.

• Coordinating annual fraud risk assessments to ensure potential threats and vulnerabilities for business processes and the strategy are identified and actions defined for mitigation.

• Reporting all fraud cases to law enforcement agencies and escalate fraud incidents for insurance claim within the agreed timeframe.

• Attending to civil and criminal proceedings on behalf of the bank.

• Conducting fraud awareness across the bank and external customers.

• Prepare annual Fraud Risk Management Strategy for

APPLICATION PROCESS

Applications for the above positions should be submitted via email, clearly indicating the position being applied for in the subject line to jobs@izb.co.zm. Applications should include clearly scanned copies of the Curriculum Vitae, Certifications and other supporting documents. Please note that physical applications will NOT be accepted.

Closing date for all applications is 21st July 2023