Senior Officer – Internal Audit Assurance

Rafiki Microfinance Bank is seeking a detail-oriented and experienced Senior Officer – Internal Audit Assurance to strengthen its internal controls framework and governance processes. This role sits within the Internal Audit function and is central to ensuring that the Bank's operations remain compliant, efficient, and aligned with its strategic objectives.

The successful candidate will lead and execute scheduled audits, compliance reviews, special investigations, and follow-up audits, while providing credible assurance to management and the Board Audit Committee. This is an excellent opportunity for a seasoned audit professional looking to deepen their expertise within the microfinance and banking sector in Kenya.

• Plan, perform, and review scheduled audit tests to confirm that internal controls are functioning as designed and are effective in enabling the Bank to meet its operational and strategic goals.
• Execute and review compliance tests to assess adherence to internal policies, regulatory requirements, and industry standards.
• Conduct on-site audits, evaluate the effectiveness of controls, and prepare comprehensive, well-structured audit reports with actionable findings.
• Present audit results to the supervisor and agree on appropriate corrective actions and timelines with relevant business units.
• Carry out special audits and investigations as assigned, applying sound professional judgment and investigative techniques.
• Record and maintain accurate minutes of Board Audit Committee meetings, ensuring confidentiality and proper documentation.
• Monitor and follow up on key audit recommendations to ensure timely and effective implementation across relevant functions.
• Perform snap checks across operational units to provide unannounced assurance on control adherence.
• Execute appropriate tests during special audits and investigations and document findings in line with audit standards.
• Support the audit team with any other official duties assigned from time to time.

• Demonstrate the ability to independently plan and execute risk-based audit engagements from scoping through to reporting.
• Proven ability to assess the design and operational effectiveness of internal controls within a financial institution environment.
• Ability to identify control gaps, root causes, and practical recommendations that add value to the business.
• Strong report-writing skills — must be able to produce clear, concise, and evidence-based audit reports tailored for senior management and Board-level audiences.
• Ability to manage multiple audit assignments simultaneously while meeting deadlines.
• Demonstrated experience in conducting compliance audits against banking regulations and internal policies.
• Strong interpersonal skills to liaise effectively with auditees across all levels of the organisation.
• Experience handling confidential and sensitive information with the highest level of professional integrity.
• Minimum 3–4 years of hands-on experience in an internal or external audit environment, preferably within a bank, microfinance institution, or financial services firm.
• Holds or is pursuing CPA III certification or an equivalent professional qualification such as ACCA or CIA.
• Bachelor's degree in Accounting, Finance, Business Administration, or a related business discipline.

Rafiki Microfinance Bank offers a competitive remuneration package commensurate with experience and qualifications. Based on the seniority of this role and prevailing Kenyan banking sector benchmarks, the estimated monthly gross salary ranges from KES 80,000 to KES 150,000. The Bank also provides a structured benefits package typical of regulated financial institutions in Kenya.

• Medical insurance cover
• Performance-based incentives
• Professional development and training support

This role is ideal for a mid-level audit professional with 3–4 years of relevant experience who is passionate about governance, risk, and compliance within the financial sector. You are analytically minded, meticulous in your work, and comfortable engaging with both frontline staff and senior leadership. You thrive in structured environments, can work independently, and take pride in delivering high-quality audit work that drives real organisational improvement.

You should NOT apply if you have fewer than 3 years of audit experience, lack CPA II/III or equivalent certification, have no experience in financial services auditing, or are uncomfortable with report writing and Board-level documentation.

• Prepare an updated CV highlighting your audit experience, key achievements, and professional certifications.
• Write a concise cover letter addressed to the Human Resources Manager at Rafiki Microfinance Bank, explaining why you are the best fit for this role.
• Submit your application through Rafiki Microfinance Bank's official careers portal or via the job listing platform where you found this posting.
• Ensure your application clearly references the position title: Senior Officer – Internal Audit Assurance.
• Only shortlisted candidates will be contacted for further assessment.