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Home Open Vacancy Announcement for Chief, Internal Audit

Open Vacancy Announcement for Chief, Internal Audit

Jan 30th, 2024

Career

Bank of Bhutan is pleased to invite application for the post of Chief, Internal Audit:

1.1 Eligibility criteria:

Education QualificationMinimum of Bachelor’s Degree from a recognized College/University obtained on a full-time mode. 
Work ExperienceShould have worked at least 10 years in the relevant field (that could include a maximum of 18 months for higher studies/sabbatical). Preference will be given to candidates with accounting and auditing background.
GradeP1A and above for civil servants; DRG 4 and above for DHI owned companies or equivalent.
Knowledge, Skills and AbilitiesThe CV of applicants should demonstrate the following:
a. Good communication skills including presentation;
b. Strong analytical abilities;
c. A working knowledge of statistics and confidence to make decisions that will affect Bank’s bottom line;
d. Relevance of knowledge and experience in the position announced;
e. Ability to lead and manage; and
f. Negotiation and conflict resolution skills.
Service RecordShould possess clean service record (Audit Clearance) and not be convicted by the court of law. (Security Clearance)
AgeCandidate should be born on or after 18th February 1969.

1.2 Grade, remuneration and benefit

PositionChief
BOB Grade2
Remuneration1. Basic pay: Nu. 57,375.00
2. Contract Allowance: Nu. 43,031.00 (75% of the Basic Pay)
3. Fixed Allowance: Nu. 34,425.00
4. Gross pay: Nu. 134,831.00
Other Benefits1. Performance Based Variable Pay (PBVP) of 31.67% (maximum) of basic pay based on annual performance
2. Other entitlements: Eligible as per the BoB Service Rule (BoBSR)
Appointment Status and TenureOn contract for an initial period of three years with possibility of extension for two terms after the completion of the first term by following the due process of renewal. The term shall include incumbent’s transfer to other functional units.

All eligible candidates interested in applying for position may submit application (filled in BoB Job Application form downloadable from BoB Job Application Form) to the Human Resource Section latest by February 19, 2024 before close of business hours.

The following documents are required for your application:

  1. Cover letter expressing interest in the role;
  2. Curriculum Vitae;
  3. Valid Medical certificate;
  4. Valid Citizenship ID Card;
  5. Valid Security Clearance Certificate;
  6. All Academic Transcripts and Course Completion Certificates;
  7. Previous Work Experience Certificates;
  8. RAA Clearance will be required during the time of appointment.
  9. Training certificates (if applicable);
  10. No Objection Certificate (if employed);
  11. Audit Clearance (if employed); and
  12. CIB report.

The tentative selection and appointment schedule is as follows:

ActivitiesTentative Schedule
Last date of application submission19th February 2024
Announcement of shortlist candidates29th February 2024
Personal Interview & announcement of results5th March 2024
Appointment15th March 2024

For further information, please contact Human Resource Section at 02-334333, IPT no. 0047 or 0048 during office hours (Monday to Friday).

Please CLICK HERE for Terms of Reference

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