Job Description

Title: Senior Vice President (SVP) - Audit, Risk & Compliance

Company Name: Guardian Life Insurance Limited

Vacancy: --

Location: Dhaka

Salary: Negotiable

Experience:
∎ 8 to 10 years

Published: 10 Dec 2024

Requirements:

Additional Requirements:
∎ Education:
∎ CA/ACCA/CIA.
∎ Bachelor/Masters in Accounting from any reputed university with CA course completed.
∎ Experience:
∎ At least 8-10 years’ experience in Internal/external auditing or any relevant discipline (i.e. risk management, internal control, compliance etc.) in any reputed organization.

Responsibilities & Context:
∎ Job Purpose
∎ Provide reasonable assurance to the Audit & Compliance Committee that the management is effectively managing operational and compliance risks, supported by adequate internal controls.
∎ Ensure all significant risks and processes within the organization are covered by audit activities.
∎ Offer advisory and consultancy services to management on governance, risk, and control matters (upon request) without assuming management responsibilities or compromising independence.
∎ Foster a culture of compliance and trust within the organization by positioning the company as a trusted entity in the eyes of both internal and external stakeholders through effective monitoring.
∎ Job Responsibility
∎ Audit Leadership & Execution:
∎ Lead audit assignments in line with the Annual Audit Plan, ensuring they are completed efficiently, effectively, and in accordance with relevant audit standards (e.g., GIAS).
∎ Preparing audit reports for HoD’s review, and conducting Audit Exit meeting with the Auditee.
∎ Ensure audit findings include actionable, value-adding recommendations that align with the company’s strategic goals.
∎ Track and monitor the status of reported audit observations and ensure timely follow-up to assess the effectiveness of corrective actions.
∎ Maintain proper filing and documentation of audit work, ensuring that all audit records are well-organized, complete, and easily retrievable for future reference.
∎ Advisory and Consultation:
∎ Offering advisory/consultancy services to management on governance, risk, and control matters (upon request) without assuming management responsibilities or compromising independence.
∎ Compliance Monitoring:
∎ Oversee the company’s compliance status through issuance of Monthly Compliance Dashboard.
∎ Continuously assess and monitor compliance risks, reporting any significant issues promptly.
∎ Transformational Leadership:
∎ Drive continuous improvement and innovation within the Audit, Risk & Compliance Department by aligning audit practices with the internal audit standards, adopting modern tools, technologies and improving audit reporting formats.
∎ Contribute to the company's strategic initiatives by supporting operational excellence, enhancing internal controls, and ensuring robust risk management practices.
∎ Collaboration & Stakeholder Engagement:
∎ Engage with management and other stakeholders to ensure that audit and compliance recommendations are understood and implemented effectively.
∎ Serve as a deputy to the Head of Audit, Risk & Compliance, stepping in when required to represent the department in meetings or decision-making processes.

Compensation & Other Benefits:
∎ Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Lunch Facilities: Partially Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Company Information:
∎ Guardian Life Insurance Limited
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02, Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.

Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.

The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.



Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.

Address::
∎ Head Office: Police Plaza Concord (13th Floor), Tower - 02, Plot # 02, Road # 144, Gulshan Avenue, Dhaka-1212
∎ Guardian Life Insurance Limited is the fastest growing life insurance company in the country. Its main sponsors are Apex, BRAC, and Square and other reputed local and foreign investors. Guardian Life Insurance Limited is committed to the same high values, standards and culture as espoused by our sponsors. Guardian Life Insurance Limited has a vision to bring about a positive change & trust in the life insurance business, through product and process improvement, operational efficiency, excellent service and customer focus. It was established in January 2014 and has already managed to achieve an admirable position in the Insurance Industry and aims to achieve much higher standards in the coming years. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of, Guardian Life Insurance makes every effort required to deliver the best to its customers by providing them with world class insurance and outstanding customer service. They have begun their journey with the motive of offering their customers a healthier, secure and more hopeful future.Guardian Life Insurance assures a highly skilled and well-informed workforce united with a blend of the latest technology in order to go the extra mile for their valued customers. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.The paid up capital of the company is BDT 33.67 Crores and authorized capital is set at 200 Crores, Guardian Life Insurance is determined to build confidence in the hearts of our sponsors through great administration.Guardian Life Insurance Limited is seeking highly motivated and talented individuals who have integrity, the relevant experience and a positive attitude to help us bring about the desired change in the Life Insurance industry.

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

Application Deadline: 16 Dec 2024

Category: Bank/Non-Bank Fin. Institution