Head of Internal Audit

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

• Master's or Bachelor’s degree in any discipline from a reputed university with no third division/class or equivalent in academic result.

• Candidates having professional degrees such as CA/CMA/CS/CFA/CSAA/ACCA/CISA/MPA/MPF/MPB, MBM will be given Preference

• At least 12 years
• The applicants should have experience in the following business area(s): Banks

• Age At most 55 years

• Age: Maximum 55 years as of last date of application.

Additional Requirements (Knowledge, Skills & Abilities (KSA):

• Minimum 12 years of experience out of which at least 03 years of experience of working as Head of Internal Audit of any Bank.

• Expertise in Internal Control Systems, Risk Management, Banking Operations, and Regulatory Compliance, Efficient IT knowledge.

• Strong leadership ability.

• Strategic state of mind.

• Outstanding ability to lead and manage.

• Continually drive effective results.

• Communicate effectively at all levels

• Possesses fair knowledge of Core Risk Management guidelines, Auditing & Accounting Principles & Standards

Employment Status:

Permanent in the rank from First Vice President to Executive Vice President.

Job Responsibilities:

• The Head of Audit will oversee all activities of the Audit Unit and ensures that tasks are completed by the unit’s officials under the supervision of the Audit Committee.

• Monitor and supervise the reporting of foreign exchange transactions across branches/OBU/Divisions in the online Foreign Exchange Transaction Monitoring System of Bangladesh Bank.

• Will be responsible for checking, editing and finalizing audit/investigation reports.

• Will ensure the timely submission of various reports, including audit reports, short reports, investigation reports, surprise inspection reports and risk-based audit reports.

• The Head of Audit will prepare memos on major irregularities in audit/investigation reports for submission to the Audit Committee and the Board of Directors.

• Will maintain the Risk Grading and Branch Audit Ratings submitted by the audit team.

• Supervise the submission of the quarterly Independent Testing Ratings related to anti-money laundering as per Bangladesh Bank guidelines.

• The Head of Audit will prepare the yearly Risk-Based Audit Plan and handle ad-hoc special inspections or investigation reports for submission to the Audit Committee of the Board of Directors.

• Will supervise the maintenance of all audit-related files, records, manuscripts, and final reports both hard copy & Soft copy.

• Will manage all correspondences related to the Audit Unit.

• Oversee the development of policies, manuals and the organogram for the Internal Audit Unit.

• The Head of Audit will be fully responsible for any future obligations arising from inappropriate reporting or failure to report lapses or irregularities.

• Attractive compensation package

• Excellent working environment

• Smooth Career Progression