Ensure to have an updated Audit Universe for effective audit planning and Board approved Audit strategy
Ensure to develop an annual audit plan that provides effective audit coverage of the Bank's operations based on assessment of potential risks and exposure and get it approved from Board Audit Committee.
Ensure the execution of audit assignments according to planning documents and audit program. International Internal auditing standards and best practices to check the adequacy and efficiency of controls including review of the subject matter against the applicable laws in the country, Bank's policies & procedures and internal guidelines of the bank.
Issue periodic reports to the Audit Committee and Management summarizing results and highlighting significant findings and recommendations of audit activities, along with management input/comments on these findings
Provide updates on the progress of the plan to the Audit Committee on a periodi...