Member of Board Audit Committee

Position Title: Member of Board Audit Committee

Activation Date: 24 March, 2025 Announced Date: 24 March, 2025 Expire Date: 15 April, 2025

• Job Location: Kabul
• Nationality: National/International (any)
• Category: Banking
• Employment Type: Part Time
• Salary: As per the Bank Salary Scale
• Vacancy Number: FMFB-HR-0017-2025
• No. Of Jobs: 1
• City: Kabul
• Organization: FMFB-A
• Years of Experience: A minimum of five years of managerial experience in the audit sector of banking or seven years of managerial experience in the audit field of any financial institution.
• Contract Duration: Long Term
• Gender: Male/Female
• Education: At least bachelor's degree in one of the following fields: Economics, Finance, Accounting, Business Administration, Law or membership of ACCA
• Close date: 2025-04-15
  
  

About FMFB-A

The First MicroFinanceBank-Afghanistan (FMFB-A) commenced operations in 2004 and is a member of the Aga Khan Agency for Microfinance (AKAM), which oversees financial institutions in different countries. FMFB-A's mission is to alleviate poverty and foster economic development in Afghanistan by providing sustainable financial services to poor and underserved populations. Since 2016, FMFB-A has been a member of the Global Alliance for Banking on Values (GABV), an independent network of banks committed to using finance to deliver sustainable economic, social, and environmental development. The bank offers a comprehensive range of financial services tailored to both individual and business needs, including various types of accounts, financing products, and digital financial services.

Job Description

We have announced a hybrid position, a member of the Board Audit Committee to seek motivated and experienced professionals to join our Board Audit Committee as members, an independent body reporting directly to the Board of Supervisors (Board of Directors). This key committee oversees the audit and examination functions conducted by the bank’s Internal Auditors and regulators, ensuring adherence to the highest accountability and financial integrity standards.

• Participate in quarterly meetings to review and evaluate comprehensive Internal Audit Reports submitted by the Chief Internal Auditor, and review and approve the bank financial statements presented by the Chief Finance Officer and External Auditor.
• Participate in any other ad-hoc meetings that are called by the Chairman of BoS or Chairman of AC.
• Ensure the audit and examination functions are aligned with the bank’s operational goals and regulatory requirements.
• Provide objective assessments of the bank's risks, control environment, and compliance framework.
• Recommend improvements to enhance operational efficiency, risk management, and internal controls.
• Collaborate with other committee members and act cohesively to provide sound advice and actionable insights to the Board of Supervisors.
• Assist in overseeing the selection, performance, and effectiveness of the Chief Internal Auditor and the internal audit team.
• Ensure that corrective actions are implemented promptly, following recommendations from audit reviews and regulatory findings.
• Perform other tasks related to the above as determined by the Audit Committee of the Board of Supervisors.
  
  

Education

Job Requirements:

• At least bachelor's degree in one of the following fields: Economics, Finance, Accounting, Business Administration, Law or membership of ACCA.
  
  

Certifications

• Possession of CIA or any other certified internal auditor is mandatory.
• CSAA certification from the AAOIFI is an added plus.
  
  

Professional Experience

• A minimum of five years of managerial experience in the audit sector of banking or seven years of managerial experience in the audit field of any financial institution.
  
  

Submission Guideline

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at [email protected] and cc [email protected]

Please make sure that your email includes the vacancy ID as the subject line

For more information, please visit the FMFB-A website:https://www.fmfb.com.af/careers.

Submission Email

[email protected]