Audit Manager

Job Summary

Audit Planning & Execution

• Develop annual audit plans aligned with Ghazanfar Pay’s strategic objectives and risk profile.

• Conduct risk-based audits covering branch operations, agent networks, financial transactions, and IT systems.

• Ensure audits are executed in compliance with EMI regulations, central bank requirements, and international standards.

• Prepare detailed audit reports with findings, recommendations, and corrective action plans.

Risk & Compliance Oversight

• Identify operational, financial, and compliance risks across all functions.

• Collaborate with Risk and Compliance teams to strengthen fraud detection and prevention mechanisms.

• Monitor adherence to AML/CFT frameworks, KYC processes, and customer protection standards.

• Ensure timely follow-up on audit recommendations and corrective actions.

Financial & Operational Controls

• Review reconciliation processes between Ghazanfar Pay ledger, parent bank accounts, and central bank settlements.

• Assess internal controls for cash handling, transaction monitoring, and financial reporting.

• Evaluate agent liquidity management systems and fraud prevention tools.

• Ensure operational resilience and business continuity plans are tested and effective.

Technology & Data Audits

• Audit digital platforms, mobile applications, and backend systems for security and reliability.

• Oversee IT general controls, cybersecurity monitoring, and vendor risk assessments.

• Ensure compliance with data protection laws and customer privacy frameworks.

Reporting & Stakeholder Engagement

• Present audit findings to senior management and the Audit Committee.

• Provide independent assurance on governance, risk management, and internal control effectiveness.

• Build strong relationships with regulators, external auditors, and stakeholders.

People & Performance Management

• Lead and mentor the internal audit team, fostering a culture of integrity and accountability.

• Develop training programs to enhance audit skills and regulatory knowledge.

• Implement performance monitoring tools to ensure audit quality and efficiency.

Job Requirements

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field (Master’s preferred).

• Professional certifications such as CIA, CPA, ACCA, or CISA strongly preferred.

• 4-5 years of experience in internal audit, risk management, or compliance within EMI, fintech, or banking.

Competencies Required:

• In-depth knowledge of internal auditing principles, banking operations, and risk assessment methodologies.

• Strong understanding of regulatory requirements and standards related to banking and financial audits.

• Proficiency in audit software, data analytics tools, and Microsoft Office Suite.

• Analytical skills to evaluate operational risks, identify control weaknesses, and recommend improvements.

• Excellent communication and report-writing skills for presenting findings to senior management.

• Strong organizational skills to manage audit schedules and ensure timely completion of assignments.

Personal Attributes:

• Upholds high ethical standards in conducting audits and handling sensitive information.

• Ensures the accuracy, reliability, and independence of audit reports and findings.

• Identifies emerging risks and proposes mitigation strategies.

• Ensures thorough examination of processes and adherence to regulations

Leadership Capabilities:

• Develops and executes the internal audit plan, aligning with organizational goals and risk priorities.

• Works closely with operations teams, compliance officers, and risk managers to address audit concerns.

• Recommends actionable solutions for control weaknesses and operational inefficiencies.

• Guides and mentors the internal audit team, fostering a culture of continuous improvement and professional development.

• Communicates audit findings and recommendations effectively to senior management and the board of directors.