About the Role
The Head of Internal Audit will lead an independent and effective internal audit function, providing assurance to the Board and Audit Committee on governance, risk management, internal controls, and regulatory compliance.
Key Responsibilities
• Develop and execute a risk-based internal audit strategy and audit plan
• Ensure compliance with IIA Standards and MMA regulatory expectations
• Conduct financial, operational, compliance, and IT audits
• Report significant audit findings to the Audit Committee and Board
• Coordinate with regulators and external auditors
• Monitor implementation of audit recommendations
Requirements
• Professional qualification: CIA, CA, or CISA (mandatory)
• Master’s degree in Accounting, Finance, or Risk preferred
• 10+ years of audit experience, with senior leadership experience in the banking and financial sector
• Strong understanding of banking regulations and control frameworks
• Must meet Maldives Monetary Authority (MMA) fit-and-proper criteria