Unit Head Information System Audit  
The Bank of Punjab (BOP)   More jobs from this company

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Job Title:   Unit Head Information System Audit
Category:   Accounts
Total Positions:   1
Job Location:   Lahore
Gender:   No Preference
Minimum Education:   Masters
Degree Title:   ACCA, CA, CAF, CISA, CIA, Member of a relevant professional body, B.com, M.com, BBA, MBA, Masters in IT.
Career Level:   GM / CEO / Country Head / President
Minimum Experience:   8 Years
Apply By:   Nov 2, 2020
Job Description:

Division/Department: Internal Audit Function

Grade Range: AVP to SVP

Direct Reporting to Head MS & IS Audit

Job Summary:

Assist Head MS & IS Audit to initially evaluate risk and prepare a Risk-Based Management Audit Plan and allocate resources accordingly. Manage execution of assignments within budgetary targets. Prepare periodic Reporting Package for Head MS & IS Audit.

Major Duties & Responsibilities to perform the Role:

  • Assist Head MS & IS Audit to initially evaluate Risk of all IS and IT applications and prepare a Risk-Based IS Audit Plan and eventually execution plan considering the scope and budget of each engagement.
  • Manage the execution of engagements within budgetary targets against each engagement. Lead the team for execution of significant engagements where necessary to evaluate Policy Framework and their implementation in respective areas.
  • Allocation of resources according to the risk profile of auditable entity/application. Manage the overall performance of the engagement to ensure smooth completion thereof. Monitor staffing needs and schedules to ensure optimal utilization of audit resources.
  • Facilitate communication with management to enable discussion on their concerns on audit engagements through conclusion meetings.
  • Conduct information system audits to assess independently and objectively the controls, reliability and integrity of bank’s Information Technology environment (IT). These assessments can help maintain and/or improve the efficiency and effectiveness of IT risk management, internal controls and corporate governance.
  • Maintain a cordial and professional working relationship with internal customers at all times and discuss a workable Management Action Plan in response to audit findings with Head MS & IS Audit.
  • Ensure that engagements are carried out in a manner to provide consultancy services to internal clients were required to correct deficiencies noted during the IS audit so as to bring about an improvement in the system of Internal Controls, Process Workflows, Procedures, Risk Management and Best Corporate Governance practices.
  • Keep abreast of the latest developments/changes and enhance professional knowledge and constructive adjustment in the changing environment and emerging trends. Be alert for new developments and assess to discuss their significance/implications to audit procedures. Initiate new ideas and discuss with senior members/counterparts for their implementation/escalation for decision.
  • Provide training/guidance to reporting staff as well as to Internal Clients if required with a focus on improvement in Internal Controls System & Procedures, Risk Management and Best Corporate Governance practices.
  • Ensure that the audit work has been adequately completed and all significant issues have been reported/escalated and make follow up for corrective actions.
  • Prepare periodic Reporting Package for outstanding significant deficiencies and substantive issues noted during IS audits for CIA and the Central Audit Committee with updates as to Management Action. 
  • Review the engagement file to determine if the work is appropriately documented and reviewed according to the engagement plan. Ensure that the working paper file is adequately prepared for archiving.
  • Any other responsibility assigned by the 1st/ 2nd supervisor.   

Relevant Experience: 08 Years of banking experience

Qualification: Masters

Company Information
Company Name:  The Bank of Punjab (BOP)
Company Description:
The Bank of Punjab was established in 1989 under The Bank of Punjab Act, 1989 passed by Provincial Assembly of the Punjab, as a non-scheduled Commercial Bank with majority shareholding of Government of the Punjab. The Bank earned the status of a scheduled Commercial Bank in 1994 and currently carries a vast network of over 620 online branches, strategically located across the Country along with an ATM network of over 550 offering 24/7 banking services to its diverse clientele of over 2 million. Since its inception, the BOP has seen many ups and downs and has also successfully weathered the waves of economic volatility, recessions and stiff market competition over the years. Current strong network base coupled with solid capital structure and phenomenal financial results posted during last few years has transformed the Bank to one of a leading financial institution of the Country. Now, the Bank standouts among peer group as a robust and rapidly growing commercial Bank. Besides offering a range of products and services to meet the modern days’ banking requirements of its clients, the Bank has also established its footprint in the areas of consumer financing, agriculture credit, corporate & investment banking, cash management and alternative delivery channels. While achieving the objective of financial inclusion through its presence in remote and unbanked areas of the Country with HarFardKaKhayal the Bank is playing its due role in the economic growth of the Country through its various specially tailored and designed products and services.

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