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Bank Of Punjab Job Advertisement 2023

Posted Nov 15, 2023 | Hits: 892
Country: Pakistan


The Bank of Punjab is one of the fastest growing Banks in Pakistan with profound existence of over 33 years. It operates through a network of 780+ real-time online branches and 700+ ATMs across the country. The Bank has established a strong foundation while offering premium banking services with a major focus on unsurpassed value-added services for its customers through advanced solutions.

In line with the Bank's progression strategy, we invite applications from experienced, dedicated and performance-driven professionals for the following positions in Internal Audit Function Group. The following job profile offers an excellent opportunity for the right candidates desirous of building a long term career in a dynamic organization:


Unit Head-RAR Grade: VP-I to SVP-I

Location: Lahore

Job Summary/Major Responsibilities

Assist Head RAR Audit in the risk assessment process and in preparation of Risk Based Annual Audit Plan.

Ensure execution of Annual Review Plan within given time schedule and allocation of resources according to risk profile of auditable entity. Manage and monitor the overall performance of the engagement to ensure smooth completion thereof. Monitor staffing needs and schedules to ensure optimal utilization of audit resource. Escalation of critical process deficiencies spotted through review findings to Head RAR coupled with suggestions to strengthen critical

control lapses.

Facilitate communication with management through Head RAR to enable discussion on their concerns on audit engagements through conclusion meetings.

Review and submit Risk Assets Review reports along with executive summaries duly prepared to the Head RAR for finalization. Review the work performed by RAR team thereby ensuring that issues identified have been adequately reported / escalated. Coach team members on ongoing basis to clarify their understanding on RAR methodology and to keep them abreast of the recent developments. Identify training needs of staff and coordinate with Head RAR audit for their training.

Review of policies and procedures and suggest amendments keeping in view the regulatory and internal requirements. Highlight significant flaws and follow up for their rectification through the appropriate forum. Develop and maintain a cordial and professional relationship with the internal customers and discuss workable management action plan in response to RAR findings.

Conduct special engagements and ensure the achievement of objectivity in timely manner. Conduct reviews of Write Offs in line with the Bank's approved policy and SBP guidelines.

Ensure that all Review Reports, are released on timely basis to the concerned.

Preliminary data gathering for the planned reviews, annual budgeting and planning exercise and preparation of bi-annual CAR reviews.

Eligibility Criteria

Qualification: Minimum Bachelor's or equivalent degree preferably in Accounting/Finance from an HEC recognized local/ foreign university.

Experience: Minimum 7 years of banking experience including 3 years of Risk Review experience.

Age: Up to 55 years as of Dec 01, 2023.

Important Note:

a) Only shortlisted candidates shall be called for interview. No TA/DA will be admissible.

b) The Bank of Punjab reserves the right to accept or reject any application(s) without assigning any reason(s) thereof. c) The Bank is an equal opportunity employer. Females, Minorities, PWDs and Transgenders are encouraged to apply. d) The above positions carry market-based competitive remuneration.

Individuals fulfilling the above-mentioned criteria are encouraged to apply online through BOP career portal https://www.rozee.pk/company/the-bank-of-punjab-bop Latest by December 01, 2023.

BOP Phone Banking: 111-267-200




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