The role holder would be responsible for overseeing branch audit executives, provide opinion on risk management, control management and process improvements and ensure compliance with CBM regulations and KBZ policies and procedures with respect to branch banking.
Responsibilities
• Work on identification of auditable branches based on branch grading methodology in consultation with Branch Audit Manager and Branch Banking Audit Head
• Supervise or conduct independent audit of bank records and activities, and prepare varied analysis of the branches with the help of Data Analytics team
• Supervise, assess, and report on the testing and adequacy of the bank’s internal control system and compliance with applicable policies and procedures
• Perform full audit cycle including risk management and control management over banking operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Monitor and perform audit engagements, ensuring proper coverage of auditing principles and practice
• Obtain, analyze and evaluate documentation, previous reports, data, flowcharts etc.
• Guide the team in selection, development, and assessment of the suitability of processes, formats, testing procedures and overall conduct of audit and reporting
• Investigate and determine causes of irregularities and errors and highlight the same in a timely manner
• Collaborate with Data Analytics team, wherever required for performing analytics in testing of controls
• Address the issues and implement the recommendations provided by the Quality Assurance Manager
• Ensure compliance with regulatory requirements applicable for respective areas while performing the audit
• Prepare draft audit reports including action plans and discuss the audit reports with the Branch Audit Manager
• Ensure that the audit issues are well defined, root causes are identified, and recommendations are appropriately provided
• Based on the tracking mechanism, independently follow up on the open issues and escalate, if required
• Prepare work papers and ensure consistency between audit objectives, work program, audit testing, supporting evidence and audit findings
• Provide Branch Audit Manager with regular progress reports and information in an accurate and timely manner and/or as requested
• Maintain accurate and timely communication of necessary information to other team members and functions
• Build effective working relationships with other functions and employees conducive to positive collaborations and team efforts that contribute to bank’s overall success
• Keep abreast of new developments, methods and techniques in banking industry

• Bachelor’s or Master's degree, ideally in accounting and auditing, business administration or economics from an accredited university in Myanmar or abroad or professional certification and training in banking, accounting and auditing
• Intermediate level of English language (Written and spoken)
• Intermediate level of Microsoft Office (Word, Excel, Powerpoint, Outlook)
• Fundamental knowledge of audit software and banking software
• Good understanding of applicable laws including Myanmar Financial Institutions Law, regulations, directives, instructions and guidelines issued by the Central Bank of Myanmar
• 2 to 3 years of experience in a financial institution with at least one year in internal audit/ branch banking/ risk/ compliance.
• Team management experience for 1-2 years
• Good knowledge of standard audit practices and ability to apply them;
• Ability to work in team as well as individually
• Good investigative skills and attention to details
• Good knowledge of financial and operational audit; including bank or financial institution policies and procedures;
• Ability to implement the internal audit program for a bank;
• Ability to guide junior team members
• Ethical standards and integrity in personal and professional dealings
• Effective communication skills