Head of Internal Audit

Job Description

Title: Head of Internal Audit

Company Name: Shamadhan Services Limited

Vacancy: 1

Age: At least 30 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years
• The applicants should have experience in the following business area(s): Banks, Multinational Companies, Audit Firms /Tax Consultant, Financial Technology (Fintech) Startup, Mobile Industry

• Bachelor/Honors

• At least 5 years
• The applicants should have experience in the following business area(s): Banks, Multinational Companies, Audit Firms /Tax Consultant, Financial Technology (Fintech) Startup, Mobile Industry

• Age At least 30 years

Job Purpose:
Provide independent and objective assurance to enhance the effectiveness of risk management, internal controls, governance, and compliance within the PSP company.

Key Responsibilities:
1. Internal Audit & Assurance:
Develop and implement a risk-based annual audit plan covering operational, financial, IT, and compliance areas.
Assess the effectiveness of internal controls, policies, SOPs, and governance frameworks.
2. Regulatory & Compliance:
Ensure compliance with Bangladesh Bank PSP Guidelines, AML/CFT, and ICT Security requirements.
Review regulatory submissions and compliance reports for accuracy.
3. Risk & IT Audit:
Identify operational, financial, fraud, and technology risks and evaluate mitigation controls.
Conduct IT and information security audits, including system security, data privacy, access control, and disaster recovery compliance.
4. Reporting & Governance:
Prepare clear audit reports with findings and recommendations.
Present updates to the Audit Committee/Board and follow up on action plans.
5. Leadership & Process Improvement:
Lead and develop the internal audit team.
Recommend process improvements while maintaining audit independence.

Qualifications & Experience:
*Bachelor’s in Accounting, Finance, Business, or related field (Master’s preferred).
*Professional certifications (CIA, CISA, CA, ACCA, CMA) preferred.
*7–10 years’ experience in audit/risk/compliance, including 3–5 years in a leadership role.