Internal Auditor

Job Summary

The Internal Auditor will evaluate the effectiveness of the bank’s internal controls, risk management processes, and governance framework. The role will ensure regulatory compliance, assess operational efficiency, identify risks, and provide recommendations for continuous improvement while promoting accountability and transparency across the bank.

Roles & Responsibilities

• Develop and execute the annual risk-based internal audit plan.

• Conduct financial, operational, compliance, and information systems audits.

• Evaluate internal controls and compliance with applicable laws and regulations.

• Identify key risks, assess their potential impact, and recommend mitigation measures.

• Prepare detailed audit reports covering findings, observations, and recommendations.

• Present audit results and recommendations to management and relevant stakeholders.

• Coordinate with departments to ensure timely implementation of corrective actions.

• Monitor regulatory and industry-standard changes and assess their impact on operations.

• Conduct follow-up reviews to ensure timely closure and remediation of audit findings.

• Identify opportunities to improve operational efficiency and effectiveness.

• Provide advisory support to management on risk management and internal controls.

• Promote awareness of compliance and risk management across the bank.

• Conduct function-wise daily audits and record audit findings in the system.

• Report relevant audit findings to Head Office.

Mandatory Requirements

• Experience: 8+ years preferred; minimum 3–5 years of internal auditing experience, preferably in banking or financial services.

• Industry Preference: Previous experience with a foreign bank is preferred.

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• Professional Qualification: CA qualification or a professional/academic background in Law is specifically required, with preference given to candidates meeting either criterion.

• CIA, CPA, or similar professional certification is preferred.

• Strong understanding of internal audit, risk management, governance, and regulatory compliance.

• Strong report writing, analytical, and stakeholder communication capabilities.

• Ability to work independently and coordinate effectively with management and various departments.