Post Title: Operations Audit Officer
Duty Station: CBS Headquarter
Expected starting date: 15-May-2026
Status: Permanent
Appointment Type: Full-time
Reports to Head of Operations Audit.
Supervises: None
1- Role
The Operations Audit Officer is responsible for conducting comprehensive audits of the bank’s
operational processes across Headquarters and all branch locations. The role ensures that all operational activities are compliant with internal policies, and industry best practices. The officer will assess the efficiency, effectiveness, and risk exposure of operational workflows and recommend improvements to strengthen internal controls and enhance service quality.
2- General Description
The Central Bank of Somali’s (CBS) main objective is to promote and maintain a safe, stable, sound, efficient and competitive financial sector. Within the Central Bank of Somalia, the Internal Audit Department’s (IAD) primary objective is to provide independent and objective assurance to the management and the board (audit committee) on risk management, controls, and governance by measuring and evaluating their effectiveness in achieving the CBS’s agreed objectives.
3- Duties and Responsibilities
- Participate in review and update of the audit universe and all auditable entities.
• Conduct comprehensive risk assessments at both audit engagement and annual audit plan levels.
• Document business processes, workflows of the Banks operations to support audit planning and
coverage.
• Conduct operations audits across the Bank’s operational processes.
• Develop audit engagement planning documents such as Terms of Reference (TOR), audit programs, and checklists. - Define audit scope, objectives, methodologies, required resources, and timelines for
engagements.
• Execute audit fieldwork in accordance with approved audit programs and professional standards.
• Assess the design, adequacy, effectiveness, and efficiency of internal controls, policies, and
procedures.
• Ensure all audit findings are supported with sufficient, reliable, relevant, and appropriate audit
evidence.
• Prepare clear and concise audit reports that outline findings, associated risks, root causes, and
actionable recommendations.
• Track and monitor the implementation of agreed audit recommendations.
• Verify management’s corrective actions to ensure issues are adequately addressed and resolved.
• Facilitate entry and exit meetings with stakeholders and prepare accurate meeting notes and
minutes.
• Maintain effective communication and constructive relationships with clients throughout the
audit process.
• Assist colleagues and support departmental activities where required.
• Any other duties that may be assigned from time to time.