Wing Head - SBP Validation and Internal Audit Reports Compliance (VP)

"The Nation's Bank", National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.

In line with our strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the following position inthe area of Audit & Inspection..

The individuals who fulfill the below basic-eligibility criteria may apply for the following position:

Position / Job Title:
Wing Head - SBP Validation and Internal Audit Reports Compliance (VP)

Reporting to:
Divisional Head Management, Operations Audit & Regulatory Coordination

Educational /Professional Qualification:

• Minimum Graduation or equivalent from a local or international university / college /
  institute recognized by the HEC of Pakistan
• Candidate having Masters degree and / or any other relevant professional qualification or
  certifications such as ACA / ACCA / CFA / CIA etc. in the respective field will be preferred

Experience:

• Minimum 08 years of Banking experience, in Branch Audit and / or Management Audit and
  / or Operations Audits and / or Business and Assets Risk Review

Other Skills / Expertise / Knowledge Required:

• Well conversant with internal audit practices and relevant regulatory guidelines
• Good understanding of business communication, presentation and analytical skills
• Ability to work under timelines and pressure situations
• Proficient in use of Microsoft Office and Visio, SAP and Core Banking Application
• Ability to work in a fast paced and deadline driven environment with consistent and quality
  output

Outline of Main Duties / Responsibilities:

• To coordinate with State Bank of Pakistan (SBP) inspections for the Audit & Inspection
  Group (A&IG)
• To manage responses to SBP observations and ensure timely submission
• To review and validate SBP observations, including para-wise and significant issues
• To coordinate with A&IG Divisional Heads to ensure timely validation
• To finalize monthly SBP observation reporting with the Compliance Group for Chief
  Internal Auditor sign-off
• To submit consolidated quarterly status updates to the Compliance Group
• To coordinate A&IG deliverables and reports with external auditors
• To act as focal person for liaison with law enforcement agencies
• To coordinate validation and closure of regulatory findings
• To coordinate with auditee management for fortnightly follow-up on CAP implementation
• To review and validate compliance for Design Effectiveness (DE) and Operating
  Effectiveness (OE) in line with the Internal Audit Manual
• To submit consolidated quarterly compliance status updates to the Program Director /
  Group Chief A&IG and the Board Audit Committee (BAC)
• To prepare status updates and presentations on regulatory matters for senior
  management and BAC
• To coordinate regulatory and operational verifications relating to the Banks operations,
  including government and regulatory schemes/programs
• To ensure safe custody and maintenance of records
• To coordinate validation of complied SBP observations, update the SBP validation system,
  and communicate remarks to process owners
• To review and update the Risk Register and issue-related MIS monthly for management
  review and follow-up
• To perform any other assignment as assigned by the supervisor(s)

Place of Posting:

Karachi

Assessment Interview(s)

Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteriawill be invited for panel interview(s).

Employment Type:

The employment will be on contractual basis for three years which may be renewed ondiscretion of the Management. Selected candidates will be offered compensationpackage and other benefits as per Banks Policy / rules.

Apply within 10 working days from the date of this job posting.

Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.

National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.