Regional Audit Head

Opportunity Information

The Role

The Bank of Punjab invites applications for Regional Audit Head, Operational Audit Division (Internal Audit Group), Faisalabad.

•Assist Head Operational Audit in annual planning of the operational audit plan •Perform the audit engagement planning and sampling matrix for each audit assignment, utilizing OBIEE to gather relevant reports •Allocate resources based on the risk profile of the auditable entity and oversee the overall performance of the engagement within budgetary limits and approved people-days •Monitor staffing requirements and schedules to ensure optimal utilization of audit resources •Ensure pre-release quality of audit reports, rating models, management letters and working paper files •Approve the reports along with the Team Manager for issuance, calculate audit rating and recommend to HOA for review •Review policies and procedures to control effectiveness and alignment with instructions/ directions issued by the regulator and other applicable laws and regulations •Assess and suggest changes/ amendments/ updates in audit checklists/ audit manual consequent to developments in controls, procedures, products and policies •Prepare periodic monthly and quarterly reporting package for line management and report significant issues noted during internal audits for HOA with updates as to management action •Maintain financial/ manpower budget and seek confirmation/ approval of breaches as per approved hierarchy

Applicants General Eligibility & Requirements

Education, Experience and Skills Requirements