Manager IS Audit Projects

Allied Bank Limited; Lahore; On-site; PKR 1,800,000 - 3,200,000; Full time

Job summary

Allied Bank Limited in Lahore is seeking a senior IS Audit professional to lead the IS Audit Infrastructure team, oversee engagement planning, and ensure compliance with audit policies and regulatory requirements. The role demands strong leadership, analytical skills, and a deep understanding of Core Banking systems.

The candidate should have 3–5 years of relevant banking IS audit experience and hold a CISA or an equivalent professional credential, with a Master’s or Bachelor’s degree in CS.

Qualifications

• Preferably a professional accounting qualification with CISA certification; or
• A Masters degree, or at least a Bachelors degree in Computer Science from a reputable institution, along with CISA certification.
• 3–5 years of relevant experience in Information Systems Audit, IT Audit, or a related field, preferably within the banking industry.

Responsibilities

• Supervise, administer, and provide technical guidance to the IS Audit Infrastructure team while liaising with auditees.
• Prepare engagement plans for assigned audits, allocate audit assignments to team members before the commencement of audits, and obtain feedback and approval from the line manager.
• Review and recommend changes to the audit checklist to the Unit Head in IS Audit in response to new risks identified during engagement planning due to changes in policies, procedures, controls, or regulatory requirements.
• Monitor audit activities to ensure assignments are completed within the allocated timeframe through the optimal utilization of available resources.
• Prepare and forward the list of information required for conducting audits to the auditee's management.
• Supervise and manage all operational matters related to audit engagements.
• Monitor and ensure the timely execution of audit engagements in accordance with the approved Annual IS Audit Plan.
• Review and forward requests for additional time or man-days required to complete audits to the Unit Head – IS Audit.
• Ensure that rectifications reported by the Compliance Group are verified during subsequent audits.
• Report instances of non-rectification or false rectification of observations identified in previous audit reports.
• Conduct meetings with team members to discuss audit planning, execution, and progress.
• Review and ensure that samples selected for testing comply with the Internal Audit Policy and IS Audit Procedures Manual and accurately represent the population to minimize sampling risk.
• Review and ensure that all audit checklist procedures are appropriately performed on the selected samples and functions.
• Review audit working papers, supporting evidence, audit reports, and executive summaries to ensure compliance with the approved engagement plan.
• Ensure that audit working papers maintained by team members are complete, accurate, and meet professional quality standards.
• Ensure that audit working papers are supported by sufficient and appropriate audit evidence to substantiate audit activities and conclusions.
• Ensure that audit observations and recommendations are discussed with auditees and the audit team during the closing meeting at the conclusion of fieldwork.
• Review and forward requests for investigations to the Unit Head – IS Audit.
• Conduct inspections, investigations, examinations, or special reviews as directed by the Unit Head – IS Audit or Group Head – MISA.
• Prepare and recommend investigation engagement plans for fraud, forgery, dacoity, complaints, and other operational losses related to the IS Audit function.
• Prepare IS Audit and investigation reports in the approved format, ensuring all quality standards are met before submission to the Unit Head – IS Audit.
• Maintain audit records and submit relevant information and reports to the Unit Head – IS Audit for review.
• Ensure the proper maintenance and archiving of all IS Audit records, reports, and related information in accordance with the Bank's policies.
• Provide technical guidance and mentoring to team members on audit engagements.
• Recommend actions related to employee performance and disciplinary matters to the Unit Head – IS Audit.
• Recommend approval of TA/DA claims, mileage allowances, medical bills, and other staff-related matters to the Unit Head – IS Audit in accordance with the Bank's policies.
• Recommend leave applications to the Unit Head – IS Audit.
• Provide feedback and information required by the Performance Management Department (PMD) through the Unit Head – IS Audit.
• Perform any other assignments as directed by higher management from time to time.

Skills

Leadership

Analytical thinking

Multitasking

Problem solving

MS Office

IS audit knowledge

Audit planning

Regulatory knowledge

Core Banking

Banking operations

Education

Masters with CISA

Bachelors in Computer Science with CISA

Job description

• Strong leadership, motivational, team-building, interpersonal, management, and communication skills.
• Excellent analytical, critical thinking, and multitasking abilities.
• Ability to work under pressure with strong problem-solving and decision-making skills.
• Proficiency in Microsoft Office applications.
• Excellent knowledge of Information Systems (IS) audit principles, methodologies, and procedures, with a deep understanding of audit planning, execution, management, and closure.
• Strong audit planning and organizational skills with the ability to manage multiple priorities.
• Thorough knowledge of regulatory requirements, Core Banking Systems, banking operations, and other banking applications.

Job Responsibilities

• Supervise, administer, and provide technical guidance to the IS Audit Infrastructure team while liaising with auditees.
• Prepare engagement plans for assigned audits, allocate audit assignments to team members before the commencement of audits, and obtain feedback and approval from the line manager.
• Review and recommend changes to the audit checklist to the Unit Head 20 3 IS Audit in response to new risks identified during engagement planning due to changes in policies, procedures, controls, or regulatory requirements.
• Monitor audit activities to ensure assignments are completed within the allocated timeframe through the optimal utilization of available resources.
• Prepare and forward the list of information required for conducting audits to the auditee's management.
• Supervise and manage all operational matters related to audit engagements.
• Monitor and ensure the timely execution of audit engagements in accordance with the approved Annual IS Audit Plan.
• Review and forward requests for additional time or man-days required to complete audits to the Unit Head – IS Audit.
• Ensure that rectifications reported by the Compliance Group are verified during subsequent audits.
• Report instances of non-rectification or false rectification of observations identified in previous audit reports.
• Conduct meetings with team members to discuss audit planning, execution, and progress.
• Review and ensure that samples selected for testing comply with the Internal Audit Policy and IS Audit Procedures Manual and accurately represent the population to minimize sampling risk.
• Review and ensure that all audit checklist procedures are appropriately performed on the selected samples and functions.
• Review audit working papers, supporting evidence, audit reports, and executive summaries to ensure compliance with the approved engagement plan.
• Ensure that audit working papers maintained by team members are complete, accurate, and meet professional quality standards.
• Ensure that audit working papers are supported by sufficient and appropriate audit evidence to substantiate audit activities and conclusions.
• Ensure that audit observations and recommendations are discussed with auditees and the audit team during the closing meeting at the conclusion of fieldwork.
• Review and forward requests for investigations to the Unit Head – IS Audit.
• Conduct inspections, investigations, examinations, or special reviews as directed by the Unit Head – IS Audit or Group Head – MISA.
• Prepare and recommend investigation engagement plans for fraud, forgery, dacoity, complaints, and other operational losses related to the IS Audit function.
• Prepare IS Audit and investigation reports in the approved format, ensuring all quality standards are met before submission to the Unit Head – IS Audit.
• Maintain audit records and submit relevant information and reports to the Unit Head – IS Audit for review.
• Ensure the proper maintenance and archiving of all IS Audit records, reports, and related information in accordance with the Bank's policies.
• Provide technical guidance and mentoring to team members on audit engagements.
• Recommend actions related to employee performance and disciplinary matters to the Unit Head – IS Audit.
• Recommend approval of TA/DA claims, mileage allowances, medical bills, and other staff-related matters to the Unit Head – IS Audit in accordance with the Bank's policies.
• Recommend leave applications to the Unit Head – IS Audit.
• Provide feedback and information required by the Performance Management Department (PMD) through the Unit Head – IS Audit.
• Perform any other assignments as directed by higher management from time to time.

Qualification

• Preferably a professional accounting qualification with Certified Information Systems Auditor (CISA) certification; or
• A Masters degree, or at least a Bachelors degree in Computer Science from a reputable institution, along with Certified Information Systems Auditor (CISA) certification.

Experience

• Preferably 3–5 years of relevant experience in Information Systems Audit, IT Audit, or a related field, preferably within the banking industry.