The role holder would be responsible for assisting in formulation of audit strategy and implementing the audit plan of value centers and functions of the Bank in line with organizational requirements.

1. Provide guidance to the Functional Audit Managers on risk assessment, scope and frequency of Internal Audit for value centres and functions including functions of KBZ Pay and finalise the risk-based audit plan in consultation with Head of Internal Audit
2. Review and maintain policies and procedures, recommend amendments required (if any) and ensure that amendments to the policies are complied with
3. Monitor the implementation of audit plan for the auditable entities and provide inputs on a periodic basis
4. Identify risks based on prioritization of audit areas and allocation of audit resources in accordance with the risk assessment
5. Monitor audit engagements, ensuring consistency with auditing principles and practice. Also, ensure compliance with regulatory requirements applicable for respective businesses and bank’s internal policies and procedures while performing the audit
6. Ensure finalization of audit reports for value centres / functions including action plans and discuss the executive summary of audit observations with the Chief Internal Auditor
7. Analyze trends in the ‘High’ and ‘Medium’ risk category within value centers and functions. Escalate issues/serious deficiencies posing threat to the Bank’s business to the Head of Internal Audit and appropriate level of Senior Management
8. Identify need for follow-on audits to validate the remedial actions put in place and ad-hoc audits to address risks assessed during the year.
9. Provide Head of Internal Audit with regular progress reports and information in an accurate and timely manner and/or as requested
10. Assist Head of Internal Audit in the preparation of department’s performance data and activity reports
11. Drive a performance-based culture in the team by timely monitoring, review of performance parameters and feedback to the team members
12. Build effective working relationships with other functions and employees conductive to positive collaborations and team efforts that contributes to bank’s overall success
13. Keep abreast of new developments, methods and techniques in banking industry
14. Identify skillset needed to perform the audit activities and support team members in their career progression

• 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
• Professional qualification such as Association of Chartered Certified Accountants (ACCA), Certified Public Accountant (CPA), Chartered Accountant (CA) and Certified Internal Auditor (CIA)
• Advanced level of English language (Written and spoken)
• Advanced level of Microsoft Office (Word, Excel, Power point, Outlook)
• Fundamental knowledge of audit software and banking software
• Thorough understanding of applicable laws including Myanmar Financial Institutions Law, regulations, directives, instructions and guidelines issued by the Central Bank of Myanmar
• Minimum 10 years of experience in a financial institution with at least 6-8 years in internal audit/ risk/ compliance;
• Team management experience for 5-6 years
• Strong knowledge of standard audit practices and ability to apply them;
• Strong investigative skills and attention to details
• In depth knowledge of financial and operational audit; including bank or financial institution policies and procedures;
• Ability to develop a comprehensive internal audit program for a bank;
• Ability to lead and manage audit teams;
• High ethical standards and integrity in both their personal and professional dealings;
• Excellent communication skills