INTERNAL AUDIT AND RISK MANAGEMENT SPECIALIST

Job Description

The Technical, Entrepreneurial, Vocational and Education Training (TEVET) Authority is a regulatory body established in 1999 by an Act of Parliament. The TEVETA was founded to operate as an independent and autonomous body responsible for technical, entrepreneurial, and vocational and education training in Malawi.

At its establishment, the Authority was mandated to create an integrated TEVET system in Malawi that is demand-driven, competence-based, modular, comprehensive, accessible, flexible, and consolidated enough to service both the rural and urban Malawian population. The primary purpose of TEVET Authority is to contribute to human resources development through, among other things, creating an enabling environment for the sustainable acquisition of internationally competitive skills and competences for a productive workforce capable of spearheading the country’s production and export-led socio-economic growth.

Job Responsibilities

Internal Audit and Risk Management Specialist, based in Lilongwe, will be responsible forproviding assurance and risk management service andimplementation of enterprise-wide risk management framework and policy..

         5.1    Key Duties and Responsibilities

•       Coordinating risk management implementation.

•       Assessing risks associated with the Authority projects before and during their execution.

•       Conducting workshops and awareness sessions to promote understanding of risks.

•       Assisting in compiling and assessing risk information.

•       Ensuring stakeholder identification, key risk indicators, tolerance levels, thresholds, and controls.

•       Establishing and monitoring key risk indicators to proactively identify exposures or control weaknesses.

•       Spotting emerging risks in areas such as new regulation and fraud

•       Continuously and periodically monitoring risks against appetites and tolerance levels.

•       Establishing and managing a comprehensive compliance register for the Authority.

•       Producing reports for management use, summarizing key risk findings, mitigation strategies, and recommendations to support informed decision-making.

•       Providing insights into risk-related audit findings, control assessments, and recommendations for improvement.

•       Managing the whistleblower hotline

Educational Requirements

 ·      Bachelor’s Degree in Audit/Accounting/Finance/Risk Management from a recognized and accredited University

·      Must be a member of Institute of Internal Audit

Experience Requirements

·      Minimum of three years’ relevant experience

Additional Requirements

Personal Attributes and skills

·      Attention to detail;

·      Honesty;

·      Technically competent;

·      Strong analytical skills;

·      Good communication skills; and

·      Knowledge of Sage 300 ERP-ACCPAC, and Microsoft office packages.