Co-op Consultancy. A business advisory arm of the Co-operative Bank group

Sacco Risk And Internal Auditor (REF: CBI/RIA/03/26)

Job Ad expires on March 18th, 2026

Our client, a Licensed Deposit Taking Sacco based in Meru County, seeks to recruit a suitably qualified person to fill the position of Risk and Internal Auditor

Job Purpose:
The Sacco Risk and Internal Auditor is responsible to provide independent assurance that an organization risk management, governance, and internal control processes are operating effectively.

Roles & Responsibilities:

  • Develop and implement a risk-based internal audit strategy and annual audit plan approved by the Sacco Board Audit Committee.
  • Conduct independent, objective, and risk-based audits covering financial, operational, ICT, credit, and compliance areas.
  • Evaluate the adequacy and effectiveness of internal controls, governance, and risk management systems.
  • Review compliance with the Sacco Societies Act, SASRA Regulations, policies, and procedures.
  • Assess and advise management and the Board on the Sacco’s risk management framework and emerging risks.
  • Investigate suspected fraud, irregularities, or breaches and recommend corrective action.
  • Prepare clear and timely audit reports and follow up on implementation of audit recommendations.
  • Liaise with external auditors, regulators, and the Supervisory/Audit Committee as required.
  • Promote a culture of accountability, integrity, and continuous improvement within the Sacco.

Minimum qualifications:

  • Bachelor’s degree in accounting, Finance, Business Administration, Auditing, or a related field from a recognized institution.
  • CPA (K) – must be a fully qualified accountant in accordance with the Accountants Act, and a member in good standing of ICPAK or a recognized equivalent body.
  • Minimum of 3–5 years’ relevant experience in internal audit, risk management, compliance, or assurance, preferably within a Sacco, financial institution, or audit firm.
  • Professional certification such as Certified Internal Auditor (CIA), CISA, or risk management qualifications.
  • Membership with the Institute of Internal Auditors (IIA).

Key Skills and Competencies:

  • Strong knowledge of SASRA Regulations, Sacco Societies Act, and prudential guidelines.
  • Proven ability to conduct risk-based audits and internal control reviews.
  • High level of integrity, independence, and ethical conduct.
  • Excellent analytical, report-writing, and presentation skills.
  • Good understanding of ICT systems and automated SACCO environments.
  • Strong interpersonal and communication skills.

How to Apply

Interested and qualified applicants are requested to click on the link below and fill out the online application form and submit it by 18th March 2026. Any applications received after the closing date shall not be accepted.

APPLY HERE:  https://forms.office.com/r/i97frbQVs5  Only shortlisted candidates will be contacted.

× How can I help you?