Internal Auditor

Job Description

Job Summary
The Internal Auditor is responsible for independently evaluating and improving Petra's risk management, control, and governance processes. This role conducts audits to ensure compliance with regulations and internal policies and to promote operational efficiency.

Key Responsibilities

1. Audit Planning & Execution

• Develop and execute the annual audit plan based on the organization’s risk assessment.
• Conduct end-to-end audits of all business activities, including financial operations, compliance, and IT systems.
• Evaluate the design and operating effectiveness of internal controls, risk management, and governance processes.
• Review financial statements, investment transactions, and fund accounting for accuracy and compliance.

2. Regulatory & Compliance Oversight

• Ensure the organization’s adherence to SEC, FCA, NPRA, and other relevant financial regulations.
• Evaluate compliance with anti-money laundering (AML), KYC, and related regulatory frameworks.
• Monitor adherence to all internal policies and investment mandates.

3. Operational & Risk Audits

• Identify and assess key operational, financial, and strategic risks.
• Analyze processes for trade execution, settlement, payments, and redemptions to identify inefficiencies and control gaps.
• Evaluate cybersecurity and data protection controls for sensitive financial information.
• Assess risks associated with third-party vendors such as custodians and fund administrators.

4. Reporting & Recommendations

• Prepare clear, actionable audit reports detailing findings and recommended corrective actions.
• Present results to senior management, the Board's Audit Committee, and other relevant governance bodies.
• Collaborate with management to implement solutions and track remediation progress.
• Coordinate effectively with external auditors as required.

5. Fraud & Forensic Reviews

• Investigate incidents of suspected fraud, conflicts of interest, or unethical conduct.
• Collaborate with Legal and Compliance departments on formal investigations.

6. Continuous Improvement

• Maintain current knowledge of industry trends, regulatory changes, and emerging risks.
• Recommend improvements to the internal audit function’s methodologies and tools.

Required Skills or Experience

Qualifications

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Professional certification (CPA, CIA, CFA, CISA, or IIA-Ghana) is preferred.
• Minimum of 7+ years in internal audit, risk management, or compliance within asset management, private equity, hedge funds, or investment banking.
• Familiarity with investment products (equities, fixed income, derivatives, alternatives)