Head of Internal Audit & Compliance

Job Description

Title: Head of Internal Audit & Compliance

Company Name: IPDC Finance Limited

Vacancy: 01

Location: Dhaka

Salary: Negotiable

Experience:
∎ At least 8 years

Published: 30 Jan 2024

Education:
∎ Bachelor/Honors
∎ CA or equivalent degree from a reputed institute.

Requirements:

Responsibilities & Context:
∎ Responsible for preparation and implementation of a risk based Internal Audit plan.
∎ Ensure adequate understanding of the compliance structure provided by the regulatory guidelines. Develops compliance policies and procedures of the company based on the compliance process.
∎ Ensure that the financial statements of the company reflect true and fair view of the state of affairs of the company. This include reviewing and monitoring the process of preparing the financial statements of the company including identification of significant financial reporting issues and giving recommendations to the committee.
∎ Monitor the organizational structure and day-to-day activities, identify any departure from regulatory and internal compliance framework and report it to the appropriate authority for rectification.
∎ Responsible for reviewing audit reviews, including management responses and propose action plans to address issues arising, to/ from the Head of IA&C, external auditors and regulators.
∎ Ensure that the compliance function keeps the company updated about regulatory or legal changes.
∎ Responsible for conducting investigations related to possible non-compliance and/ or to ensure compliance programs have been put in place.
∎ Responsible for conducting a periodic compliance meeting with MD & CEO and reporting to Audit Committee.
∎ Ensure risk identification and mitigation Heat Map is properly implemented throughout the organization with the management ownership established.
∎ Responsible for capacity development of internal audit & compliance team.
∎ Recruit, Develop and Retain competent team members.
∎ Responsible for preparation and implementation of a risk based Internal Audit plan.
∎ Ensure adequate understanding of the compliance structure provided by the regulatory guidelines. Develops compliance policies and procedures of the company based on the compliance process.
∎ Ensure that the financial statements of the company reflect true and fair view of the state of affairs of the company. This include reviewing and monitoring the process of preparing the financial statements of the company including identification of significant financial reporting issues and giving recommendations to the committee.
∎ Monitor the organizational structure and day-to-day activities, identify any departure from regulatory and internal compliance framework and report it to the appropriate authority for rectification.
∎ Responsible for reviewing audit reviews, including management responses and propose action plans to address issues arising, to/ from the Head of IA&C, external auditors and regulators.
∎ Ensure that the compliance function keeps the company updated about regulatory or legal changes.
∎ Responsible for conducting investigations related to possible non-compliance and/ or to ensure compliance programs have been put in place.
∎ Responsible for conducting a periodic compliance meeting with MD & CEO and reporting to Audit Committee.
∎ Ensure risk identification and mitigation Heat Map is properly implemented throughout the organization with the management ownership established.
∎ Responsible for capacity development of internal audit & compliance team.
∎ Recruit, Develop and Retain competent team members.

Compensation & Other Benefits:
∎ Weekly 2 holidays, Provident fund, Gratuity, Performance bonus, Insurance
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Job Highlights:
∎ This position reviews, evaluates and ensures that the BoD, management and employees of the organization performs their duties in accordance with the rules and regulations set by regulatory bodies and company policies.

Company Information:
∎ IPDC Finance Limited
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212

Address::
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 15 Feb 2024

Category: Bank/Non-Bank Fin. Institution

Source: bdjobs.com

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