Chief Internal Auditor (CIA)

About Ghazanfar Bank

Ghazanfar Bank, a full-fledged licensed commercial Bank, commenced its operations in March 2009. The Share Holders of the Bank belongs to one of the leading business groups of Afghanistan. As a leading business house Ghazanfar Group is involved in various key businesses sectors as a front runner such as import and distribution of Petroleum/Gas and other various important industrial sectors. Ghazanfar Bank started its operation in Kabul, Afghanistan, and is offering key financial services both under conventional and Islamic Banking. The Bank has since opened up its Branches at various key locations such as Mazar Sharif, Hairatan, Kunduz, Takhar, Pule- Khumri, Jalalabad, Herat, Kandahar besides opening another seven branches at Kabul in Sarai Shahzada, Shar-e-Naw, Karte Naw, Kote Sangi, Lase Maryam, Karte Char and Wazir Akbar Khan. In due course of time, the Bank intends to expand its Branch Network in Kabul as well as at other key locations of the Country.

Job Summary

Chief Internal Auditor is responsible to draw Audit Plan at the beginning of each year and to get it approved from the Audit Committee.

Overall supervision of the Audit Division and planning the visits of various subordinates or himself to Branches for Audit/Inspection and ensuring that Audits are conducted in a prudent and professional manner.

Monitoring and observing the daily transactions of the bank, transferees and other activities of the bank in respect of audit laws, regulations and circulars of DAB.

Duties & Responsibilities

1.Chief Internal Auditor is responsible to brief and guide the audit team about working of a particular branch and the areas for their particular attention during the course of audit.

2.Chief Internal Auditor is responsible to conduct one comprehensive audit and two surprise inspections of each branch and each including review of different divisions of Head Office as per approved plan.

3.Chief Internal Auditor to ensure that Branches are following the HO and Regulatory instructions conveyed to them from time to time and to check each area of concern.

4.Chief Internal Auditor is responsible to review the reports upon submission by the auditors and to point out weaknesses in the audit reports if any.

5.Chief Internal Auditor is responsible to categorization of audit objections as High, Medium and Low risk.

6.Chief Internal Auditor is responsible to obtain agreement or disagreement of the Branch Managers and Head of HO Departments on the points raised in the Audit Reports about their Branches/Departments.

7. Chief Internal Auditor is responsible to dispatch of Audit Reports and list of serious irregularities to the concerned branches with a copy to the management along with observations and specific recommendations in the light of audit reports.

8.Chief Internal Auditor is responsible to inform Board of Supervisory about the observations in the Audit Reports along with responses from the Bank Management about time frame within which the irregularities are to be rectified.  

9. Chief Internal Auditor is responsible to pre-audit of expenses/proposals sent by H.O.

10. Chief Internal Auditor is responsible to reporting of fraud cases to the Central Bank as required.

11.Chief Internal Auditor is responsible to get conducted special inquiry into various cases that surface at the branches and to report to the concerned quarters at H.O level.

12.Chief Internal Auditor is responsible to visit various branches at random to inspect their working and follow up of Audit Reports.

13.Chief Internal Auditor is responsible to arrange Training for staff and acknowledge them about whole jobs function as CIA.

14.Department Heads are not permitted to accomplish changes or perform a task which is excluded his daily activities that could embrace a minimum possibility of risk percentage to the bank in this case department heads must take approval of Chief Executive Officer or related committee.

15.Assess the suitability and sufficiency of the bank’s internal controls for its Activities, in accordance with Article 60 of Banking Law.

16.Regularly monitor compliance with the requirements, rules of procedure, limitations and other rules established by the Board of Supervisors or the Board of Management.

17.Monitor compliance with relevant legislation and regulations of Da Afghanistan Bank.

18.Analyze the deficiencies discovered in the activities of the bank and the employees thereof, cases of failure to perform duties and excess of authority.

19.Prepare proposals for the elimination of such deficiencies inserted in paragraph. Above of this paragraph and for measures to prevent errors.

20. Meet with the bank’s Board of Supervisors, Audit Committee and/or Management regarding subparagraphs (1) through (5) of this paragraph.

21. Prepare reviews of the activities of the unit on a regular basis and submit their views to the Board of Supervisors and Board of Management of the bank pursuant to the procedure prescribed or approved by the Board of Supervisors; and.

22. Perform other tasks related to the above as determined by the Audit Committee or Board of Supervisors.

The Internal Audit reports to the Board of Supervisors, either directly or through the Audit Committee.

Job Requirements

Qualifications:

1. Bachelor’s degree in Economics, Finance, Accounting, Business Administration, Or ACCA Membership.

2. Priority will be given to have CIA certification or any other relevant International accredited certification.

3. Shall have at least Three years of managerial work experience in Audit of banks or five years of relevant work experience in other financial institutions.

Skills:

1.   Communication skills, including oral communication, report writing, and presentation skills.

2.   Analytical skills.

3.   Problem-solving skills (conceptual and analytical thinking)

4.   Ability to promote the value of internal audit among key employees within the bank.

5.   Keeping abreast with regulatory changes and industry standards.

6.   Knowledge in auditing, internal audit standards, fraud awareness, and professional ethical standards.

7.   Knowledge in enterprise risk management (risk analysis and control assessment).

Submission Guideline

1-  Please mention specific Job Title and Vacancy numbers in subject line of your E-mail otherwise your application will not be considered.

2-  Applicants who meet the above requirements should submit their updated Curriculum vitae (CV) to email address (sr.recruitment-officer@ghazanfarbank.com)

3-  Applicants while applying for this position must take in CC entire Email address of (info.bsd@dab.gov.af) otherwise the applications will not be considered. 

4-  Applications received after the deadline will not be considered.

5-  Only shortlisted candidates will be contacted for further process.

Submission E-mail

To: (sr.recruitment-officer@ghazanfarbank.com)

CC: (info.bsd@dab.gov.af)

Functional Area

Banking

Countries

Afghanistan

Provinces

Kabul

Submission Email

sr.recruitment-officer@ghazanfarbank.com

info.bsd@dab.gov.af

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