Head of Audit
Job Description
Title: Head of Audit
Company Name: A reputed private commercial bank
Vacancy: --
Location: Dhaka
Experience:
∎ At least 12 years
∎ The applicants should have experience in the following business area(s):Banks
Published: 4 Jun 2025
Education:
∎ Bachelor/Honors, Masters
∎ Bachelors/ Masters from UGC approved university, No 3rd division is allowed.
Requirements:
Responsibilities & Context:
∎ Lead the development and execution of the annual audit plan covering all business units, functions, and locations.
∎ Supervise and guide audit teams in conducting regular, surprise, and special audits in line with risk priorities.
∎ Evaluate the effectiveness of internal controls, governance processes, and risk management frameworks.
∎ Ensure timely preparation, review, and submission of audit reports to senior management and governing bodies.
∎ Identify systemic risks, procedural violations, and control gaps, and recommend actionable improvements.
∎ Monitor the implementation of audit recommendations and follow up with concerned departments for resolution.
∎ Oversee the use of risk matrices and internal audit tools to assign risk ratings and prioritize audit efforts.
∎ Review and approve Audit Ratings, Control Risk Grading, and Independent Testing outputs.
∎ Ensure regulatory and policy compliance through continuous risk profiling of operational units.
∎ Act as a key liaison between audit function and senior leadership, ensuring transparency and accountability.
∎ Build a culture of integrity, vigilance, and process discipline across the organization through audit interventions.
∎ Perform any other duties assigned by the Executive Management or Board Audit Committee.
∎ Context: The Head of Audit serves as a strategic leader within the internal control framework, responsible for overseeing the organization's audit and inspection functions. This role ensures the effective implementation of risk-based auditing practices, regulatory compliance, and proactive identification of operational vulnerabilities. The position is key to safeguarding organizational integrity and enabling sound governance.
∎ Key Responsibilities:
∎ Lead the development and execution of the annual audit plan covering all business units, functions, and locations.
∎ Supervise and guide audit teams in conducting regular, surprise, and special audits in line with risk priorities.
∎ Evaluate the effectiveness of internal controls, governance processes, and risk management frameworks.
∎ Ensure timely preparation, review, and submission of audit reports to senior management and governing bodies.
∎ Identify systemic risks, procedural violations, and control gaps, and recommend actionable improvements.
∎ Monitor the implementation of audit recommendations and follow up with concerned departments for resolution.
∎ Oversee the use of risk matrices and internal audit tools to assign risk ratings and prioritize audit efforts.
∎ Review and approve Audit Ratings, Control Risk Grading, and Independent Testing outputs.
∎ Ensure regulatory and policy compliance through continuous risk profiling of operational units.
∎ Act as a key liaison between audit function and senior leadership, ensuring transparency and accountability.
∎ Build a culture of integrity, vigilance, and process discipline across the organization through audit interventions.
∎ Perform any other duties assigned by the Executive Management or Board Audit Committee.
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ A reputed private commercial bank
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 18 Jun 2025
Category: Bank/Non-Bank Fin. Institution
