Director of Internal Audit Job Vacancy at Coop Bank Tanzania – November 2026

Location: Dar es Salaam, Tanzania
Organization: Cooperative Bank Tanzania Plc (Coop Bank)
Job Category: Auditor Jobs / Banking and Finance Jobs
Job Type: Full-Time
Position: Director of Internal Audit
Application Deadline: 20 November 2026 at 5:00 PM

About Coop Bank Tanzania

Cooperative Bank Tanzania Plc (Coop Bank) officially commenced operations on 1 October 2024, following the merger of Kilimanjaro Cooperative Bank and Tandahimba Community Bank. The bank was established through a nationwide cooperative movement aimed at mobilizing capital and transforming Tanzania’s financial landscape.

Coop Bank is committed to enhancing financial inclusion by providing banking services to cooperatives, farmers and underserved populations. It also aims to leverage technology and innovation to improve service delivery and operational efficiency.

The bank was formally launched in April 2025 and operates on commercial principles while prioritizing the needs of cooperative members and the wider community.

As part of its growth strategy, Coop Bank Tanzania invites applications from suitably qualified and experienced professionals to fill seven executive positions. These roles report directly to the Chief Executive Officer, and appointments are subject to a competitive independent selection process, including fit-and-proper checks.

Position: Director of Internal Audit

Role Purpose

The Director of Internal Audit will provide strategic leadership and independent, risk-based assurance over the Bank’s governance, risk management and internal control environment.

The successful candidate will also safeguard the independence, objectivity and quality of the Internal Audit function.

Key Responsibilities

The successful candidate will:

1. Develop and execute the Bank’s Internal Audit strategy, charter and risk-based audit plan.

2. Lead financial, treasury, credit and business-process audits.

3. Provide assurance over technology, cybersecurity, governance and regulatory compliance.

4. Ensure timely, high-quality audit reporting and follow-up of significant findings.

5. Maintain the independence, objectivity and quality assurance of the Internal Audit function.

6. Provide strategic assurance and advice to the Board and relevant Board Committees.

7. Engage effectively with Management, regulators and external auditors.

Qualifications and Experience

Applicants should possess the following qualifications and experience:

• A Bachelor’s Degree in Accounting, Finance, Banking, Economics, Business Administration, Commerce or a related discipline.

• A relevant Master’s Degree or MBA will be an added advantage.

• A relevant professional qualification such as CPA or ACCA, together with relevant professional membership or registration, including NBAA registration where applicable.

• At least five (5) years of progressive professional experience, including a minimum of three (3) years in senior management or executive leadership, preferably within a regulated financial institution.

• Demonstrated experience in internal audit, risk-based assurance, banking controls and Audit Committee reporting.

Key Competencies

Candidates should demonstrate competence in the following areas:

• Risk-based auditing.

• Internal controls.

• Banking and IT audit.

• Fraud investigation.

• Regulatory assurance.

• Audit analytics.

• Corporate governance.

• Quality assurance.

• Professional integrity and independence.

• Executive stakeholder engagement.

How to Apply

Interested and suitably qualified candidates should submit their applications in PDF format to the Managing Director, Coop Bank Tanzania, exclusively through the Ernst & Young email address provided below.

Application Email: info.tanzania@tz.ey.com

The application pack must include the following documents:

1. Application Letter: Not exceeding three (3) pages, explaining how the applicant meets the requirements of the position.

2. Academic Documents: Copies of university degrees and academic transcripts. Applicants with foreign qualifications must attach a Tanzania Commission for Universities (TCU) letter of recognition.

3. Identification: A copy of a valid identification document, such as a NIDA card or driving licence.

4. Contact Details: Contact address, telephone number(s) and email address.

5. Professional Referees: Names, full addresses and contact details of three (3) professional referees.

Email Subject: Director of Internal Audit

Application Deadline

Only shortlisted candidates will be contacted.

Coop Bank Tanzania is an equal opportunity employer and promotes gender equality.