Internal Audit Manager

Job purpose

The Internal Audit Manager – Malawi is a critical senior role within the Internal Audit function,

responsible for leading, managing, and executing independent and objective assurance and

consulting engagements for Britam’s operations in Malawi. Reporting directly to the Director Internal Audit, the incumbent will evaluate the adequacy and effectiveness of risk

management, internal controls, and governance processes. The role ensures full compliance

with local regulatory requirements while aligning seamlessly with the Group Internal Audit methodology and international standards (IIA IPPF).

Key responsibilities

Strategic Audit Planning

1. Develop and execute a comprehensive, risk-based annual internal audit plan for the Malawi entity in collaboration with the Director Internal Audit.

2. Continuously assess changes in the local financial services and insurance landscape to dynamically update the audit universe and risk registers.

3. Align local audit strategies with the broader Group Internal Audit framework and strategic objectives.

Audit Execution & Quality Assurance

4. Lead and directly oversee the end-to-end execution of internal audits from planning, scoping, fieldwork to reporting.

5. Ensure all audit workpapers and documentation strictly adhere to the International Standards for the Professional Practice of Internal Auditing (IIA) and Group Internal Audit methodologies.

6. Perform root-cause analysis on control failures and collaborate with business units to co- create practical, value-add corrective action plans.

Reporting & Stakeholder Management

7. Prepare high-quality, concise, and impact-driven internal audit reports and dashboards for executive management and the Audit Committee.

8. Deliver robust audit opinions, actionable insights, and recommendations to management, ensuring risks are mitigated, controls enhanced, and strategic priorities supported.

9. Maintain a robust tracking mechanism for all internal, external, and regulatory audit findings, ensuring effective and timely remediation by management.

10. Cultivate professional, high-trust relationships with the Malawi CEO, Executive Committee, Board Audit Committee, and external auditors.

11. Coordinate with external auditors, regulators, and other assurance providers to align audit scope, reduce duplication, and enhance the efficiency and value of audit outcomes.

12. Champion the adoption of data analytics (e.g., IDEA or SQL) and continuous auditing techniques to maximize audit coverage and efficiency.

13. Manage the budget and administrative operations of the internal audit unit under the guidance of the Director Internal Audit.

Key Performance Measures

· As described in your Personal Scorecard

Working Relationships

Internal Relationships\:

· Board Audit Committee

· Accountable to Director Internal Audit .

· Administratively accountable to the CEO.

· Work with other departments as and when required.

External Relationships\:

· External auditors