CMSF is looking for `Head of Internal Audit` in the position of Manager/Assistant General Manager (AGM)
Capital Market Stabilization Fund (CMSF) has been established by the Bangladesh Securities and Exchange Commission (BSEC) under the BSEC (Capital Market Stabilization Fund) Rules, 2021. As per the Rule, CMSF acts as a custodian of cash and stocks in favor of the investors as received by transferring unclaimed and undistributed cash or stock dividend, non-refunded public subscription money, and un-allotted rights shares from the issuer of listed securities.
The CMSF is looking for a well-disciplined, smart, energetic, self-motivated, dynamic, and experienced Head of Internal Audit with a very good educational background and high standard communication skills.
To act as the Supervisor of the Internal Audit Team under the direct supervision of the AAMC and overall guidance of the Chairman and the BOG.
Develop an Internal Control Framework (ICF) for CMSF.
Develop internal audit plan and charter for CMSF
Review all expenses of the Fund before payment
Review the Fund balance (cash/stock and Investors' Claim Settlements) and report to the BOG Audit Committee
Manages performance of audit assignments, review work papers and audit reports
Assessing the risk of the Fund and finding ways to mitigate those risks.
Setting out the priorities and deciding where to carry out more detailed work, must focus on the areas where it considers risks to be higher. Make a risk-based decision as to which areas within its scope should be included in the audit plan. Must have the flexibility to deal with unplanned events to allow Internal Audit to prioritize emerging risks.
Focus on significant control weaknesses and breakdowns together with a robust root-cause analysis.
Preparing regularly proper Internal Audit reports identifying owners, accountabilities and timescales for each management action
Contribute to process improvement, change management
Develop and implement pre-audit mechanism based on risk assessment within the Fund
Coordinates and interacts with audit firms performing external audits of CMSF's financial statements
Participates in development, implementation and maintenance of policies, objectives, short and long-range planning, develops and implements projects and programs to assist in accomplishment of established goals.
Administratively report to the Chief of Operation of the Fund
Regularly interact with relevant Stakeholders/Community of Practice (COP) and build mutually beneficial partnership
Any other function as instructed by Audit and Accounts Management Committee (AAMC), Chairman and the BOG.
Educational Requirements :
Master's degree in Accounting/Finance
Professional Qualifications such as CA/CMA will be added as an advantage.
Experience Requirements :
At least 10 year(s)
Additional Requirements :
10 years' experience in relevant fields.
Working experience in Capital Market area will be added as an advantage.
Age 30 to 45 years
Skills Required: Excellent communication skills and proficiency in Microsoft 365 (Word, Excel, PowerPoint, Outlook, etc.)
Excellent written and verbal communication skills (English & Bangla)
Outstanding organizational and time management skills
Able to work under pressure and maintain strict deadlines.
Proactive approach to problem-solving
Ability to multi-task
Maintain utmost confidentiality
Compensation & Other Benefits :
How to Apply
For deserving candidate CMSF can relax any conditions.
The successful candidates will be offered a competitive package. Competent candidates are requested to apply with a complete CV detailing out work experiences including at least 3 (three) references, expected salary, 2(Two) copies of recent (digital) photographs, scanned copies of NID, all educational certificates, experience certificates and contact telephone number via www.bdjobs.com or send the application with CV and other relevant documents via email to: hr@cmsfbd.org by July 31, 2022.
The CMSF reserves the right to accept or reject any application without assigning any reason whatsoever.
N: B: Candidates who applied previously need not apply again.