Internal Auditor - Investment & Asset Management

About the role

CIC Insurance Group is hiring an Internal Auditor in Nairobi to report to the Internal Audit Manager. The role provides independent, objective assurance and advisory services on the adequacy and effectiveness of governance, risk management and internal control processes for CIC Asset Management Limited (CICAM) across the Group.

Key responsibilities

• Audit planning, execution and reporting: develop and run risk-based audit programmes covering asset management and investment activities, and audit investment portfolios, products, fund management and operations
• Identify root causes of investment control weaknesses, regulatory breaches and operational risks, and prepare evidence-based reports with recommendations and action plans
• Monitor implementation of audit recommendations and follow up regularly
• Advise on new investment products, platforms and changes in investment management processes
• Audit investment portfolio management, including asset allocation, selection, rebalancing, compliance with mandates and policy statements, and review of investment decisions, limits and concentration
• Review portfolio performance measurement, benchmarking, returns, yields and attribution analysis
• Audit compliance with the Capital Markets Act, fund manager and collective investment scheme requirements, regulatory returns, client asset protection and custody arrangements
• Assess the investment risk management framework, risk appetite, Investment Committee governance, stress testing, liquidity management and counterparty exposures

Required profile

• Bachelor's degree in Finance, Accounting, Economics, Investment Management, Actuarial Science or a related discipline
• At least one professional qualification: CPA-K, CIA, ACCA or CIFA; FRM, CISA or CRMA is an advantage
• Minimum 4 years of relevant professional experience, including at least 2 years auditing asset management, fund management or investment operations and 2 years in Big 4 audit firms
• Practical exposure to auditing investment portfolios and transactions, and a demonstrable understanding of financial markets and investment products
• Insurance professional qualification is desirable

Applications are made through the CIC Insurance Group careers page by 17 November 2026; only shortlisted candidates will be contacted.