Director of Internal Audit and Risk Management - TJ / 1932809

Our client Shifa Tameer-e-Millat University is looking for a Director of Internal Audit and Risk Management in Islamabad

Shifa Tameer-e-Millat University seeks an experienced Director of Internal Audit to lead the internal audit department and oversee a team of 30 persons. This senior leadership role requires a strategic thinker with extensive knowledge in risk-based internal auditing and regulatory compliance. The Director will develop and implement audit strategies, ensuring alignment with the universitys governance framework and business objectives. The ideal candidate possesses at least 15 years of professional experience in audit functions, with a strong focus on financial reporting, internal controls, and enterprise risk management.

The Director of Internal Audit drives the execution of comprehensive audit plans, including Sarbanes-Oxley (SOX) compliance and control testing, utilizing data analytics and audit technology tools such as AuditBoard or HighBond. This role delivers insightful reports to the audit committee and executive leadership, highlighting risks, control effectiveness, and regulatory adherence. The Director fosters a culture of accountability and continuous improvement within the audit team while maintaining rigorous standards for integrity, transparency, and risk mitigation.

Responsibilities

• Develop, lead, and execute a comprehensive risk-based internal audit strategy aligned with organizational goals and regulatory requirements.
• Manage and mentor a team of 30 internal audit professionals, providing guidance, training, and performance evaluations to ensure high-quality audit delivery.
• Plan, coordinate, and conduct audits across financial controls, operations, compliance, and information systems, leveraging data analytics to enhance audit effectiveness.
• Ensure compliance with Sarbanes-Oxley (SOX) and other regulatory standards by designing and testing internal controls and recommending improvements where necessary.
• Oversee enterprise risk management activities by identifying key risks, evaluating risk mitigation practices, and advising senior management on risk exposure.
• Prepare and present detailed audit reports to the audit committee and executive management, highlighting key findings, risks, and action plans.
• Utilize audit management software such as AuditBoard or HighBond to streamline audit processes, maintain documentation, and track remediation efforts.
• Drive continuous improvement initiatives within the internal audit function by adopting best practices, emerging methodologies, and innovative audit technologies.
• Collaborate cross-functionally with finance, compliance, legal, and operational teams to ensure integrated risk management and control effectiveness.
• Monitor changes in regulatory environments and industry standards to update audit programs and policies accordingly.