POSITION: INTERNAL AUDITOR

Location: Blantyre

OVERVIEW

Applications are invited from suitably qualified and experienced candidates to fill a vacant position below tenable in the Internal Audit Department, Head Office – Blantyre.

INTERNAL AUDITOR – TREASURY OPERATIONS, ASSET AND LIABILITY MANAGEMENT

Job Purpose

To provide independent objective assurance and advisory services over the Bank’s Treasury, Asset and Liability Management (ALM) governance, controls, risk management framework, and regulatory compliance.

The role also provides oversight over key financial areas of the Bank, including liquidity position, capital adequacy, interest rate risk, and the overall health and sustainability of the balance sheet.

Summary of Key Responsibilities

• Plan and execute risk-based internal audits of Treasury and ALM activities.

• Conduct operational and financial audits as required.

• Assess the design and operating effectiveness of internal controls within Treasury.

• Provide assurance on the integrity of data and the effectiveness of ALM models.

• Evaluate compliance with internal policies.

• Assess adherence to regulatory limits and ratios.

• Identify control gaps, operational inefficiencies, and risk exposures, and recommend appropriate corrective actions.

• Prepare high-quality, objective internal audit reports following each assignment.

• Engage with audit clients to validate findings and agree on corrective action plans and timelines.

• Follow up on the implementation of prior audit recommendations and document supporting evidence.

• Conduct ongoing monitoring of Treasury and ALM risks.

Qualifications, Skills and Experience

• Bachelor’s degree in Finance, Accounting, Banking, Economics, Auditing, or related field.

• Professional certifications such as FRM, CFA, ACCA, and CIA are preferred.

• Minimum of 4 years’ experience in Internal or External Audit for Treasury Operations, Asset and Liability Management, and Market Risk within a banking or financial services environment.

• Advanced knowledge in treasury products and operations.

• High levels of ethical standards and integrity.

• Strong understanding of RBM’s regulations and Basel requirements.

• Working knowledge of internal auditing applications such as Teammate and ACL analytics.

How to Apply

Qualified and interested candidates should send their applications, updated CV with three traceable references, and copies of certificates to:

📧 recruitment@nbs.mw

(Ensure the job title is clearly marked in the subject line.)

Application Deadline: 6th March 2026
Only shortlisted candidates will be contacted.