Head of Audit

Job Description

Title: Head of Audit

Company Name: NRBC Bank PLC

Vacancy: 1

Age: At most 55 years

Job Location: Dhaka

Salary: --

Experience:

• At least 15 years
• The applicants should have experience in the following business area(s): Banks

• Master’s degree in Banking Management (MBM), Business Administration (MBA), Accounting, Finance, Management, Economics, or any other relevant discipline from a reputed university.

• Professional qualifications such as CA, CMA, ACCA, CIA, CISA, CFE, or other recognized qualifications in audit, accounting, information systems audit, fraud examination, risk management, or banking will be considered a strong advantage.

• Specialized training/certification in Risk-Based Internal Audit, Credit Audit, Internal Control, Fraud Investigation, Forensic Audit, Information Systems Audit, or Regulatory Compliance will be given preference.

• No 3rd Division/Class or equivalent result in any academic examination will be permissible.

• At least 15 years
• The applicants should have experience in the following business area(s): Banks

• Age At most 55 years

Age Limit: Maximum 55 years as on 24/10/2026

Experience Requirements

• Minimum 15 years of professional banking experience, with substantial exposure to Internal Audit, Audit & Inspection, Internal Control & Compliance, Credit Audit, Risk Management, Banking Operations, or related control functions.

• At least 3–5 years of senior-level experience in Audit & Inspection/Internal Audit, preferably in a scheduled commercial bank.

• Candidates currently serving or having substantial experience as Head of Audit, Head of Audit & Inspection, Deputy Head of ICC/Audit, or in an equivalent senior audit position will be given preference.

• Sound knowledge of Bangladesh Bank’s Guidelines on Internal Control & Compliance, Risk-Based Internal Audit, Bank Company Act, BFIU requirements, corporate governance requirements, and other applicable banking laws and regulations.

• Proven experience in branch and Head Office audit, credit audit, operational audit, financial audit, special audit/investigation, regulatory inspection compliance, audit follow-up, and internal control assessment.

• Strong understanding of credit, general banking, foreign exchange and trade finance, treasury, cards, digital banking, finance, information technology, and other major banking operations.

• Ability to identify complex and systemic control weaknesses, conduct root-cause analysis, assess financial and regulatory implications, and recommend practical and sustainable corrective measures.

• High degree of professional integrity, independence, objectivity, analytical capability, professional skepticism, confidentiality, and sound judgment.

• Excellent leadership, report-writing, communication, presentation, investigation, and stakeholder-management skills.

NRBC Bank PLC., one of the fast-growing private commercial banks of the country, committed to maintaining the highest standards of internal control, governance, accountability, regulatory compliance, and operational integrity, invites applications from competent, experienced, dynamic, and highly disciplined banking professionals for the position of Head of Audit.

The position is a key assurance role of the Bank, responsible for leading the Bank’s internal audit and inspection activities through an independent, objective, systematic, and risk-based approach. The role will provide assurance on the adequacy and effectiveness of internal controls, risk management and governance processes and facilitate timely identification and rectification of control weaknesses, irregularities, and non-compliance.

Rank: Senior Vice President (SVP) / Executive Vice President (EVP)

Location: Head Office, Dhaka

Employment Status: Permanent

Key Responsibilities

• Risk-Based Internal Audit: Develop and implement a comprehensive Risk-Based Internal Audit (RBIA) framework and Annual Audit Plan covering branches, sub-branches, Head Office divisions/departments, business units, subsidiaries, digital channels, and other auditable areas of the Bank.

• Audit & Inspection Leadership: Lead and supervise audit and inspection activities to independently assess the adequacy, effectiveness, and efficiency of the Bank’s internal controls, operational processes, risk management, and governance practices.

• Branch & Head Office Audit: Ensure comprehensive audit coverage of branches, sub-branches and Head Office functions, with particular attention to credit, general banking, cash, foreign exchange, trade finance, treasury, cards, digital banking, procurement, finance, HR, and other critical operations.

• Credit Audit: Ensure effective review of credit appraisal, approval, documentation, disbursement, monitoring, classification, provisioning, recovery, rescheduling/restructuring, collateral management, and compliance with delegated authority and regulatory requirements.

• Financial & Operational Audit: Assess the reliability and integrity of financial and operational information and evaluate whether transactions and activities are conducted in accordance with approved policies, procedures, regulatory requirements, and delegated authorities.

• Fraud & Irregularity Investigation: Conduct or supervise special audits and investigations into suspected fraud, forgery, misappropriation, financial irregularities, unauthorized transactions, policy violations, control failures, and other misconduct, as assigned by the competent authority.

• ICT & Systems Audit: Ensure adequate audit coverage of Core Banking Systems, information systems, cyber security controls, user access, digital banking, cards, alternative delivery channels, data integrity, and technology-related processes, in coordination with relevant specialized resources.

• Regulatory Compliance Review: Assess compliance with applicable Bangladesh Bank directives, Bank Company Act, BFIU requirements, applicable laws and regulations, and the Bank’s internal policies and procedures from an audit perspective.

• Audit Findings & Reporting: Ensure that audit reports clearly identify material findings, control deficiencies, root causes, risk implications, responsible functions, and practical recommendations for corrective action.

• Follow-up & Rectification: Establish an effective mechanism for tracking audit observations and ensure timely follow-up and closure of outstanding audit findings, particularly high-risk, recurring, and long-outstanding observations.

• Root-Cause Analysis: Identify recurring and systemic weaknesses through trend and root-cause analysis and recommend improvements in processes, systems, controls, policies, and accountability mechanisms.

• Special Audit & Thematic Review: Undertake special audits, surprise inspections, thematic reviews, process audits, and investigations based on emerging risks, regulatory concerns, Management/Board instructions, or identified control weaknesses.

• Audit Committee Support: Prepare and present significant audit findings, major control weaknesses, irregularities, unresolved observations, and status of corrective actions to the Audit Committee of the Board and other competent authorities, as applicable.

• Regulatory & External Audit Coordination: Facilitate and coordinate, where applicable, with Bangladesh Bank inspectors, external/statutory auditors, and other regulatory or assurance bodies and monitor implementation of audit-related observations.

• Quality Assurance: Establish appropriate audit methodologies, working-paper standards, documentation protocols, quality assurance mechanisms, and professional standards to ensure consistency, accuracy, independence, and effectiveness of the audit function.

• Preventive Audit Approach: Promote a preventive and forward-looking audit culture by identifying emerging control risks and recommending timely corrective measures before they result in significant financial, operational, regulatory, or reputational impact.

• Independence & Professional Ethics: Maintain the independence, objectivity, integrity, confidentiality, and professional skepticism required of the internal audit function and ensure that audit activities remain free from undue influence.

• Team Leadership & Development: Lead, develop, and strengthen the Audit team through appropriate manpower planning, deployment, professional development, specialized training, performance management, and succession planning.

• Strategic Assurance: Provide independent assurance and professional insights to the Audit Committee, Board, Managing Director & CEO, and Senior Management, as applicable, on the effectiveness of internal controls, governance, risk management, and operational processes.

• Financial Benefits: Attractive and competitive compensation package