Inspection Supervisor

Description

Inspection Planning:
Major accountability and responsibility:
Suggest methods to develop the annual inspection plan
Contribute in Defining the Bank’s inspection universe.

Key Performance Indicators:
Prepare a detailed mission plan.
Quality of the proposals submitted and their submission in a timely manner

‎4. KEY ACCOUNTABILITIES

Description

Internal Audit Planning:
Major accountability and responsibility :
Reviewing and providing data related to audit plans.
Proposing ways to develop the annual internal audit plan.
Suggesting audit techniques and appropriate level of analysis to ensure
optimal coverage of audit missions, in coordination with the head onsite
audit.
Assisting the head onsite audit in defining the audit procedures for all
operations & branches network activities in the bank.
Supervising the provision of required data and statistics for preparing the
annual internal audit plan for operations & branches network activities.
Participating in preparing the annual internal audit plan related to
operations & branches network activities.

Key Performance Indicators:
Providing authenticated data for the preparation of the annual plan for
auditing of operations & branches network activities within the specified
timeframe.
Enhancing and improving the level of planning for internal audit missions on
operations & branches network activities and the sector's outcomes.
Ensuring the quality of the proposed recommendations and the comprehensiveness
of the annual audit plan based on those suggestions.

Internal audit work programs:
Major accountability and responsibility :
Developing and enhancing audit programs/missions for various on operations &
branches network, in accordance with the plan, and obtaining approval within
the specified timelines from the Head of Onsite Audit.

Key Performance Indicators:
Updating audit programs with a ‎100% completion rate and ensuring their
availability before commencing missions, according to the specified timeline.
Ensuring the quality of the proposed recommendations for updating and
improving internal audit programs.

Audit Missions:
Major accountability and responsibility :
Contributing to the development of audit programs for operational & branches
network units (efficiency and effectiveness) and determining audit techniques
in coordination with the Head of Onsite Audit.
Planning internal audit missions in accordance with the policies and
procedures of the internal audit and inspection sector.
Defining the scope of audit missions in coordination with the Head of Onsite
Audit to achieve the set objectives.

Proposing levels of depth to be followed to ensure optimal coverage during
audit missions

Key Performance Indicators:
Developing a specific planning memo for the audit mission.
Efficiently planning internal audit missions according to approved standard
timelines.
Providing guidance to audit teams on the effective implementation of internal
audit programs.
Accomplishing audit missions within the defined scope, required levels of
depth, and specified timeframe, ensuring the expected quality and accuracy.
Ensuring objectivity in audit findings and reaching agreement on recommended
actions with the audited department.
Assessing the coverage of identified risks through appropriate
recommendations.
Ensuring adequacy and accuracy of evidence and work papers obtained during the
audit process.

Audit Field Work:
Major accountability and responsibility :
Supervising audit field work assigned to the Operations internal audit
department.
Monitoring the adequacy of internal controls and the effectiveness of tests
undertaken to cover approved audit programs.
Monitoring the progress of internal audit missions on operations & branches
network units and activities (actual vs. planned) to identify and define any
deviations from the plan and provide recommendations for remediation.
Conducting kickoff and closing meetings for internal audit missions to ensure
comprehensive coverage of all topics and points outlined in the audit
procedures, as well as any other significant matters discussed during the
meetings.
Ensuring the sufficiency of tests conducted to cover approved audit programs.
Reviewing audit results and recommended actions, and issuing audit findings to
the audited entities.
Ensuring the sufficiency of evidence and work papers obtained during the
auditing process.
Providing assistance to new auditors.

Key Performance Indicators:
Contributing to identifying emerging risks and providing appropriate
recommendations.
Efficiently managing meetings and ensuring comprehensive meeting minutes for
both the initiation and conclusion of audit missions, covering all discussed
points, and issuing them within the specified timeframe in accordance with the
established procedures.
Ensuring objectivity in audit findings and reaching agreement on recommended
actions with the audited department.
Assessing the coverage of identified risks through appropriate
recommendations.
Ensuring adequacy and accuracy of evidence and work papers obtained during the
audit process.
Measuring the acceptance rate of proposed actions to improve performance.

Consolidated & Statistical Periodic Reporting:
Major accountability and responsibility :
Contributing to the execution and preparation of periodic, statistical, and
consolidated reports in accordance with approved policies and procedures, and
submitting them to the Head of Onsite Audit to identify any deviations in a
timely manner.
Participating in the preparation of regular activity reports for management
and submitting it to the Head of Onsite Audit for approval and presentation to
the Head of Internal Audit and Inspection Sector and the Audit Committee.
Assisting in the preparation and approval of internal audit missions on
operations & branches network units and activities under the direction of the
Head of Onsite Audit.

Key Performance Indicators:
Ensuring accuracy and comprehensive coverage of prepared periodic, compliance,
and consolidated reports and statistics.
Presenting various reports to the Head of Onsite Audit within the specified
timelines.
Relying on authenticated sources for the preparation of different reports and
statistics.
Timely issuance of audit mission’s assignments.

Audit Reporting:
Major accountability and responsibility :
Discussing the audit findings with the audited unit and relevant parties to
ensure the accuracy of the conclusions and assisting the Head of Onsite Audit
during these discussions with unit/sector heads and concerned parties to reach
agreement on proposed recommendations.
Reviewing and approving the work files to ensure their completeness and
organization, ensuring that they cover the scope of the assigned tasks
according to procedures & agreed-upon methodologies.
Submitting draft audit reports related to the assigned audit missions after
reviewing them to ensure compliance with all approved procedures for preparing
audit reports.

Key Performance Indicators:
Achieving ‎100% of the audit plan and its coverage for all approved audit
programs.
Adhering to the specified timelines for the assigned missions as per the
approved planning memo.
Reaching an agreement with the heads of the units under audit and relevant
stakeholders on the proposed recommendations related to audit findings.
Ensuring accuracy and sufficiency of internal audit files and work papers, and
obtaining related approvals within the specified timeframe.
Delivering high-quality internal audit reports within the scheduled timeframe,
incorporating both preventive and corrective recommendations.

Supervisory Role:
Major accountability and responsibility :
Direct supervision of the audit team under his authority and the audit
missions assigned to them.
Assisting the field audit team leader in setting individual objectives for
supervised personnel.
Continuously motivating supervised employees to ensure maximum performance.
Conducting regular and annual evaluations for subordinates in coordination
with higher supervisory levels.

Key Performance Indicators:
Achieving audit missions with the required quality and accuracy.
Setting individual objectives for the supervised personnel and presenting them
to the Head of Onsite Audit for approval within the specified timeframe.
Contributing to fostering team spirit across the sector and building a strong
second line.
Encouraging positive performance among employees.
Ensuring that tasks assigned to subordinates align with their expertise.
Considering internal candidates for vacant positions.
Complying with rules, procedures, and timelines for completing and submitting
performance evaluation forms.
Developing the professional, negotiation, and personal skills of subordinates
and enhancing their ability to take on responsibilities

Strategy: (Standard for Senior and Middle Management levels)

Participate in the formulation of the Division’s strategy and ensure its
implementation. Ensures to deliver to team members any changes / updates in
the Division’s or bank’s strategy to take the needed actions to deliver short
/ medium term objectives of the bank.

Policies, processes and procedures: (Standard for Senior and Middle
Management levels)

Participates in developing Division’s policies, processes and procedures in
alignment with Bank’s policy and ensure effective implementation of approved
policies and procedures.

Day-to-Day Management: (Standard for Senior and Middle Management levels)

Directs and follow the day to day operations related to the relevant
Department’s team to ensure effective implementation of key activities and
achieve the needed outcome. ensure high level of engagement and a motivated
work environment

Compliance: (Standard for Senior and Middle Management levels)

Ensure compliance with all relevant CBE regulations, banking laws, AML
regulations and internal EG Bank’s policies and code of conduct in order to
maintain EG Bank’s sound legal position and mitigates any potential risks