Head of Audit

Education

• Bachelor of Commerce (BCom)

Experience

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

Additional Requirements

• Masters/ Bachelor’s degree from a reputed university with a satisfactory academic track record.
• Minimum 15 years of experience with a minimum of 6 years in Internal audit function, preferably in the banking or financial services industry.
• Professional certification e.g. CIA, ACA, ACCA, ACMA and/or CIMA is preferred.
• Experience in Management Accounting, knowledge of group financial reporting, Regulatory Audit & Inspection, Specialization on Core-risk areas, financial analysis & audit risk scoring, identifying trends/ typology of systemic control loopholes etc.
• Extensive experience in conducting internal audit in Bangladesh or other countries.
• Strong understanding of audit methodology and audit execution processes.
• Positive attitude with leadership, teamwork and decision-making capabilities.
• Self-propelled, proficient in customer-centricity, team player, and capability to meet deadlines.

BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.

BRAC Bank is currently looking for an ambitious, intelligent, goal-oriented, and enthusiastic individual for the following position in its Internal Control and Compliance Division:

Grade: EVP

Key Responsibilities:

• Prepare risk-based audit plan for each year and anticipate risks in advance, identify themes and continually evaluate areas of priority against the Bank’s risk profile and control environment.
• Implement and communicate Audit Committee’s mission, goals and strategies.
• Supervise implementing the annual audit plan maintaining high ethical standard.
• Escalate the deficiencies identified through Risk-based Audits to an appropriate level.
• Prepare summary report on the audit findings and corrective actions taken by the Audit Committee.
• Manage effective and prompt audits by maintaining professionalism through relationship management, cooperation and proper communication.
• Lead the designing and promote the use of innovative tools and technology to drive continuous coverage of contemporary risks.
• Liaise with external auditors, professional bodies and regulatory authorities as and when required.
• Demonstrate critical, strategic & analytical mindset and lead to support change.
• Validate the effectiveness of existing policies and procedures and mitigate identified risks.
• Provide assurance to the audit committee and Board on the effectiveness of the control environment operating in the bank for managing the identified risks.