Wing Head - Audit Entity Owner / Lead Reviewer - Operations Audit (AVP / VP)

"The Nation's Bank", National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.

In line with our strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the following position inthe area of in the area of Audit and Inspection.

The individuals who fulfill the below basic-eligibility criteria may apply for the following position:

Position / Job Title:
Wing Head - Audit Entity Owner / Lead Reviewer - Operations Audit (AVP / VP)

Reporting to:

Divisional Head - Management, Operations Audit & Regulatory Coordination

Educational /Professional Qualification:

Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC of Pakistan
Candidates having Masters degree and / or any other relevant professional qualification or
certifications such as ACA / ACCA / ICMA / CIA etc. in the respective field will be preferred

Experience:

Minimum 06 years of Banking experience in Branch Audit and / or Management Audit and / or Business Risk Review and / or Risk Assets Review

Other Skills / Expertise / Knowledge Required:

Excellent communication and presentation skills
Ability to effectively lead and manage team
Proficient in use of Microsoft Office and Visio, SAP and Core Banking Application

Outline of Main Duties / Responsibilities:

To maintain a comprehensive understanding of the audit entity, including regulatory requirements
and emerging risks
To engage regularly with stakeholders to remain informed of key developments and concerns
To develop a clear understanding of processes, risks, and controls within assigned entities
To prepare and update Risk Control Matrices (RCMs) at least annually
To assign composite risk ratings to audit entities
To arrange and coordinate required resources for audit execution
To prepare and issue the Audit Opening Letter (AOL) after Program Director approval
To conduct business understanding and kick-off meetings with auditee management
To prepare and issue the Audit Planning Information Request (APIR)
To prepare and obtain approval of the Sample Rationale Document (SRD)
To prepare the Audit Planning Document (APD), obtain approval, upload in e-Audit, and share with
the team before fieldwork
To notify the Program Director of any changes in testing procedures
To review testing procedures for controls under review
To obtain and review Conflict-of-Interest declarations from audit team members
To allocate audit tests to team members in coordination with the Team Leader
To approve sampling changes during fieldwork
To monitor engagement progress through regular reviews and call reports
To conduct regular meetings with the audit team and auditee management
To ensure completion of planned testing and evaluation of exceptions
To ensure findings are discussed with management and written responses obtained
To review findings, finalize dispositions, and upload documentation in e-Audit
To conduct the exit meeting, document minutes, obtain signatures, and upload in e-Audit
To review draft reports and working papers and provide feedback
To assess control ratings in consultation with the Team Leader
To monitor receipt and adequacy of Corrective Action Plans (CAPs) and timelines; escalate delays
as required
To issue the final audit/review report with control ratings
To ensure supporting documentation for corrective actions is uploaded in e-Audit
To validate resolved issues in the next audit cycle or as advised
To update issue status in e-Audit and upload signed documents
To submit quarterly summaries of pending issues and overdue CAPs to management, with copy to
the Program Director
To prepare folder closure certification upon completion of the audit cycle
To perform any other assignment as assigned by the supervisor(s)

Place of Posting: Karachi

Assessment Interview(s)

Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteriawill be invited for panel interview(s).

Employment Type:

The employment will be on contractual basis for three years which may be renewed ondiscretion of the Management. Selected candidates will be offered compensationpackage and other benefits as per Banks Policy / rules.

Apply within 10 working days from the date of this job posting.

Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.

National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.

Responsibilities