Website LOLC Tanzania
LOLC Tanzania
Internal Auditor – LOLC Tanzania
Company: LOLC Tanzania
Position: Internal Auditor
Location: Dar es Salaam, Tanzania
Employment Type: Full-time
Application Deadline: 30 July 2026
About LOLC Tanzania
LOLC Tanzania is a leading financial services provider committed to delivering accessible loan solutions that empower individuals and businesses to achieve sustainable growth and financial success.
Job Summary
LOLC Tanzania is seeking a qualified Internal Auditor to lead and execute risk-based internal audit activities across the organization. The successful candidate will be responsible for evaluating internal controls, ensuring regulatory compliance, conducting audits and investigations, and providing strategic recommendations to strengthen governance, risk management, and operational efficiency.
The role requires strong expertise in financial sector regulations, internal audit standards, and risk management practices.
Key Responsibilities
Audit Planning & Execution
- Develop and implement a risk-based annual internal audit plan.
- Ensure timely execution of audit activities in line with regulatory requirements and organizational objectives.
- Conduct operational, financial, and compliance audits across various business functions.
- Perform special investigations where necessary.
Internal Controls & Compliance
- Evaluate the effectiveness of internal control systems.
- Assess compliance with:
- Standard Operating Procedures (SOPs)
- Bank of Tanzania (BoT) regulations
- Anti-Money Laundering (AML) requirements
- Customer Protection Principles (CPP)
- Other applicable financial laws and regulations
- Identify control weaknesses and recommend appropriate corrective measures.
Risk Management & Advisory
- Conduct risk assessments across operational areas.
- Advise management and the Board on:
- Internal control improvements
- Risk mitigation strategies
- Governance best practices
- Support continuous improvement of the organization’s risk management framework.
Audit Reporting & Follow-up
- Prepare comprehensive audit reports for:
- Senior Management
- Audit Committee
- Board of Directors
- Monitor implementation of audit recommendations.
- Follow up on corrective actions to ensure timely resolution of audit findings.
Continuous Improvement
- Enhance audit effectiveness through the use of data analytics.
- Improve internal audit methodologies, policies, and procedures.
- Promote continuous improvement in audit processes and governance practices.
Qualifications
Applicants should possess:
Education
- Bachelor’s Degree in:
- Accounting
- Finance
- Auditing
- Or a related field.
- A Master’s Degree is an added advantage.
Professional Certification
One of the following professional qualifications is required:
- CPA (T)
- ACCA
- CIA
- Or another recognized auditing/accounting certification.
Experience
- Minimum of 3–5 years of experience in:
- Internal Auditing
- Risk Management
- Compliance
- Experience within the financial services sector is highly preferred.
Knowledge & Skills
- Strong understanding of:
- Bank of Tanzania (BoT) regulations
- Anti-Money Laundering (AML) laws
- Financial sector regulatory requirements
- Experience conducting risk assessments and developing audit strategies.
- Excellent analytical and problem-solving skills.
- Strong report writing and presentation abilities.
- Effective communication skills with senior management and regulatory authorities.
- High level of integrity, professionalism, and attention to detail.
- Knowledge of data analytics tools for audit enhancement is an added advantage.
Key Competencies
- Internal Auditing
- Risk Management
- Compliance Monitoring
- Corporate Governance
- Internal Controls
- Financial Reporting
- Regulatory Compliance
- Audit Planning
- Data Analytics
- Investigation Skills
- Report Writing
- Critical Thinking
- Communication Skills
- Problem Solving
- Stakeholder Management
How to Apply
Interested and qualified candidates should submit their CV/Resume to:
Email: Recruitment.T@lolc.co.tz
Subject Line: Internal Auditor
Application Deadline: 30 July 2026
To apply for this job email your details to Recruitment.T@lolc.co.tz