Chief Internal Audit Officer (CIAO)

Job Description: Chief Internal Audit Officer (CIAO) Industry: Banking, Financial Services, Insurance, Investment Job Type: Full-Time Reporting To: Board Audit Committee (functionally) / Chief Executive Officer (administratively) Job Summary The Chief Internal Audit Officer (CIAO) is responsible for leading the organization's internal audit function, providing independent assurance on governance, risk management, and internal control effectiveness. This role ensures that the organization operates in compliance with regulatory requirements while maintaining strong internal controls and risk mitigation practices. The CIAO works closely with the Board Audit Committee and executive leadership to enhance transparency, accountability, and operational integrity. Key Responsibilities 1. Internal Audit Strategy & Planning Develop and execute a risk-based internal audit strategy and annual audit plan Align audit priorities with organizational risks and strategic objectives Ensure independence and objectivity of the internal audit function Continuously improve audit methodologies and practices 2. Audit Execution & Oversight Oversee execution of internal audits across all business units and functions Ensure timely delivery of high-quality audit reports Identify control weaknesses and recommend corrective actions Monitor implementation of audit findings and recommendations 3. Risk Management & Internal Controls Evaluate the effectiveness of risk management frameworks and inter