The role holder would be responsible for performing the audit of value centers and functions and provide opinion on risk management, control management and process improvements and ensure compliance with CBM regulations and KBZ policies and procedures.

• Work on identification of audit areas based on risk assessment and finalize the audit plan in consultation with Functional Audit Manager and Functional Audit Head
• Conduct independent audit of bank records and activities, and prepare varied analysis of the value centers / functions with the help of DA team
• 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
• Perform audit engagements, ensuring consistency with auditing principles and practice
• Obtain, analyze and evaluate documentation, previous reports, data, flowcharts etc.
• Select, develop, and assess the suitability of processes, formats and conduct of audit and reporting in consultation with the Functional Audit Manager
• 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 the draft audit reports including action plans and discuss the audit reports with the Functional Audit Manager post consultation with the Functional 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 Functional 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 contributes 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
• Fundamental knowledge of analytical tools, audit software and banking software that may be used by the Bank
• 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/ risk/ compliance (Team management experience for 1-2 years)
• Intermediate level of Microsoft Office (Word, Excel, Power point, Outlook)
• 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 (Burmese/ English)