Branch Banking Audit Head

Job Code:


Date Posted:

23 Oct 2020



No of vacancies:




  • Provide guidance to the Branch Audit Managers on branch grading methodology, eWallet, risk assessment, scope, and frequency of branch audits and finalize the risk-based audit plan in consultation with the Head of Internal Audit
  • Review and maintain policies and procedures, recommend amendments required (if any) and ensure that such amendments are complied with
  • Monitor the implementation of risk-based audit plan for identified branches and provide inputs on a periodic basis
  • Identify risks based on prioritization of audit areas and allocation of audit resources in accordance with the risk assessment
  • Monitor audit engagements, ensuring consistency with auditing principles and practice. Also, ensure compliance with regulatory requirements applicable for branch banking and bank’s internal policies and procedures while performing the audit
  • Ensure finalization of audit reports for branches including action plans and discuss the executive summary of audit observations with the Head of Internal Audit
  • Analyze trends in the ‘High’ and ‘Medium’ risk category within branches. Escalate issues/serious deficiencies posing threat to the Bank’s business to the Head of Internal Audit and appropriate level of Management
  • 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.
  • Provide Head of Internal Audit with regular progress reports and information in an accurate and timely manner and/or as requested
  • Assist Head of Internal Audit in the preparation of department’s performance data and activity reports
  • Perform an advisory role for all Branches from an audit and compliance perspective, to ensure overall operational efficiency, effectiveness and delivery of superior client service 
  • Drive a performance-based culture in the team by timely monitoring, review of performance parameters and feedback to the team members 
  • Build effective working relationships with other functions and employees conductive to positive collaborations and team efforts that contributes to bank’s overall success
  • Keep abreast of new developments, methods and techniques in banking industry
  • 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