6 days ago

Member of Board Audit Committee

FMFB-A
171

Position Title: Member of Board Audit Committee

2025-04-15    Kabul     Part Time     171

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 Descriptions:

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.

Job Requirements:

Education:

  • 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 Guidelines:

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 executive.vacancy@fmfb.com.af  and cc info.bsd@dab.gov.af

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:

executive.vacancy@fmfb.com.af

Apply


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