Head of Audit

Job Description

Title: Head of Audit

Company Name: Mutual Trust Bank PLC

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors

CIA – Certified Internal Auditor or its equivalent is preferred.

• At least 20 years
• The applicants should have experience in the following business area(s): Banks

• In-depth understanding of Bangladesh Bank’s Core Risk Management Guidelines, Banking Companies Act, and relevant circulars. 

• Strong knowledge of Basel III / IV compliance, IFRS, and International Standards on Auditing (ISA). 

• Expertise in risk-based internal auditing and compliance monitoring. 

• Familiarity with AML/CFT regulations, Bangladesh Financial Intelligence Unit (BFIU) requirements, and KYC/EDD processes. 

• Proficiency in IT and digital banking audit methodologies, including cybersecurity risk assessment.

The Head of Audit is a strategic leader of the organization’s internal audit function, responsible for delivering independent, risk-based assurance across all operations. This role ensures regulatory compliance, strengthens governance, and proactively addresses operational vulnerabilities. As a trusted advisor to senior leadership and the Board Audit Committee, the position safeguards organizational integrity, promotes accountability, and enables sound decision-making at the highest level.

• Set Audit Direction – Define and execute the annual audit strategy to ensure full risk-based coverage across the organization.
• Lead Audit Excellence – Guide and empower audit teams to deliver regular, surprise, and special audits with precision and impact.
• Strengthen Controls – Evaluate and enhance governance, internal controls, and risk management frameworks.
• Deliver Insightful Reporting – Provide clear, timely, and actionable audit reports to senior management and the Board Audit Committee. Must have excellent writing ability.
• Mitigate Risks – Identify critical control gaps, policy breaches, and systemic vulnerabilities, and drive sustainable solutions.
• Ensure Follow-Through – Monitor and enforce timely implementation of audit recommendations.
• Prioritize with Precision – Apply risk matrices and analytical tools to focus on where risks are higher.
• Uphold Standards – Approve audit ratings, control risk gradings, and independent testing results encompassing AML & CFT.
• Safeguard Compliance – Maintain continuous oversight to ensure regulatory and policy adherence.
• Advise Leadership – Act as a strategic partner to executive management on risk and governance matters.
• Shape Culture – Champion integrity, vigilance, and process discipline organization-wide.
• Fulfill Governance Mandates – Execute special assignments from the Board Audit Committee or Executive Management.