Head of Audit: In the rank of SVP-SEVP

Job Description

Standard Bank Limited is a leading third generation private commercial bank having the work environment that promotes diversity, embraces change, and provides leadership opportunities to every team member. We are on the fast track within the banking industry and are seeking highly skilled professionals to take us to a further height.

If you are looking for a career that will give you ample scope to develop, help you unlock your potential to make a real headway, SBL should be your choice. At SBL, our employees are valued as individuals and recognized for the contributions they make.

Position: Head of Audit: In the rank of SVP-SEVP 

Organisation: Standard Bank Limited

Duties and Responsibilities

• Develop and implement risk-based Audit plan, policy/procedure giving priority of sensitive areas
• Identify deficiencies during Audits and notify the significant audit findings to the management and Audit Committee of the Board
• To assist in determining priorities of internal Audit activity consistent with the organization's goals
• Responsible for implementing, directing and overseeing the auditing and compliance programs
• Conducts and directs audits and ongoing reviews of organizational controls and operating procedures with policies and regulations
• Provide timely audit reports for Management, the Audit Committee and the Board of Directors
• Reviews and appraises the soundness, effectiveness, and proper application of accounting process
• Assesses the adequacy and extent of programs designed to safeguard organization assets
• Compilation of reports detailing conclusions and providing recommendations for improvements
• Directs and appraises the activities of audit personnel
• Creates and improves homogenous Compliance Culture throughout the organization that aligns with the control and business objectives of the Bank
• Serves as liaison with external audit and regulatory authorities
• Developing, managing and executing the operational plans based on strategic plans set and agreed with the Board and MD/CEO
• Must be well connected in the banking and business professional network

Job Requirements

Required Knowledge, Skills a, d Abilities

• Must have Masters in any discipline (Preferably from Commerce Background) from any reputed University
• Professional qualifications such as ACA, ACCA, ACIB, CFA, CISA is preferable
• Should have at least 14/16/18 years of experience respectively in any scheduled commercial bank
• At least 3 years of experience as Head of Audit/Compliance Division 
• Knowledge of new or technical subjects (e.g. Basel III, BB Guidelines, market risk, financial instruments, etc.) required to support audits
• Computer literacy & fluency in English is desirable
• Must have analytical and effective decision making skill with advanced financial management knowledge
• Fraud and Operational risk knowledge
• Policy and Regulation interpretation and implementation
• Ability to work in a fast-paced environment & under pressure as needed
• Age not exceeding 55 years as on 01.02.2018

Job Level:

Top

Job Nature:

Full Time

Desired Education

Must have Masters in any discipline (Preferably from Commerce Background) from any reputed University

Apply Instructions:

Interested candidates are requested to send their résumé along with cover letter and a recent photograph to Head of HR, Standard Bank Ltd, Metropolitan Chamber Building (3rd Floor), 122-124 Motijheel C/A, Dhaka 1000 on or before 8 March 2018. Above conditions are relaxable for exceedingly deserving candidates.

Please mention the name of the post as applied on the top of the envelope. Only shortlisted candidates shall be called for interview. The bank reserves the right to cancel any application at its sole discretion without showing any reason.