Chief Internal Auditor

Job Overview

Merchant Bank of Sri Lanka & Finance PLC (MBSL) is seeking a visionary, strategic, and integrity-driven professional for the position of Chief Internal Auditor at the Assistant General Manager (AGM) level. This crucial role aims to strengthen corporate governance, enhance risk management protocols, and ensure a robust internal compliance framework across the entire organization during its rapid growth journey.

Position Details

• Job Title: Chief Internal Auditor (AGM Level)

• Company Name: Merchant Bank of Sri Lanka & Finance PLC (MBSL)

• Job Location: Colombo, Sri Lanka

• Job Category: Banking & Insurance, Accounting & Finance, Management, Private Jobs

Company Overview

Merchant Bank of Sri Lanka & Finance PLC (MBSL) is a dynamic, fast-growing financial institution and a prominent subsidiary of the country’s banking giant, Bank of Ceylon. Committed to delivering innovative financial solutions to individuals and businesses, MBSL is listed on the Colombo Stock Exchange and operates with a focus on stability, trust, and progressive corporate governance.

Qualifications & Experience

• Associate or Fellow member of the Institute of Chartered Accountants of Sri Lanka (ACA / FCA).

• Minimum of 7 years of post-qualifying professional experience.

• An MBA or MSc in a relevant discipline would be considered a distinct advantage.

• Proven experience in managing teams with a minimum of 10 years of managerial experience.

• Out of the total managerial tenure, at least 6 years must be at a Senior Management level handling internal audits, preferably inside a Banking or Financial Institution.

• Hands-on experience with IT-based audit techniques is highly advantageous.

• A proactive team player capable of adding value to the organization while optimizing departmental resources.

Key Responsibilities

• Perform thorough internal audits based directly on the approved Annual Audit Plan.

• Lead the comprehensive planning, strategic development, and scope definition of the overall Annual Audit Plan.

• Ensure total, uncompromised compliance with all statutory regulations issued by the Central Bank of Sri Lanka (CBSL) and the Colombo Stock Exchange (CSE).

• Execute effective planning of individual audits to identify, understand, and highlight potential risk areas for the Audit Committee and Executive Management.

• Convene and facilitate monthly corporate Audit Committee meetings.

• Advise executive leadership on critical improvements and structural changes required within existing systems and operational procedures.

• Provide professional assistance and required documentation to External Auditors and Regulatory audits as needed.

• Oversee resource planning and tactical personnel allocation within the Internal Audit department.

Required Skills

• Risk-Based Internal Auditing & Strategic Scope Planning

• Statutory Compliance (CBSL & CSE Regulations)

• IT-Based Auditing Techniques & System Evaluation

• Executive Leadership & Resource Optimization

• Financial Risk Management & Corporate Governance

• Board-Level Communication & Committee Facilitation

Salary & Benefits

• A collaborative and innovation-driven corporate work culture.

• Competitive compensation packages accompanied by comprehensive professional benefits.

• Clear opportunities for professional growth, high-level corporate leadership, and career advancement.

How to Apply

Applicants are advised to forward a detailed resume along with the names of two non-related referees to careers.mbsl@mbslbank.com. Please ensure that the position applied for is explicitly indicated in the subject line of the email (e.g., Chief Internal Auditor (AGM)). The preferred file formats for CV submissions are PDF or Word.

Important Notes

• All applications must be submitted within 10 days of this advertisement, with the absolute closing deadline falling on or before 4th July 2026.

• Selection will be conducted purely on merit, and any form of canvassing will result in immediate disqualification.

• Only shortlisted candidates who meet the background criteria will be contacted for an interview.