Audit Team Member - Treasury & Market Risk (AVP)

About the role

The National Bank of Pakistan is seeking an experienced Audit Team Member to focus on Treasury and Market Risk. Reporting to the Wing Head – Audit, the role involves evaluating the effectiveness of controls across front‑, middle‑ and back‑office treasury functions and ensuring compliance with regulatory standards.

Key responsibilities

• Conduct audits of front‑office trading and investment activities, as well as middle‑office limits monitoring and risk reporting.
• Assist in developing and maintaining the Risk and Control Matrix (RCM) for treasury processes.
• Review market‑risk frameworks, including Value at Risk (VaR), stress testing, and limit breach monitoring.
• Assess liquidity risk management, cash‑flow forecasting, and related controls.
• Evaluate controls across key treasury systems, interfaces, incident management, business continuity, and exception handling.
• Identify gaps in segregation of duties, system access, and reconciliations.
• Assess governance of the Internal Capital Adequacy Assessment Process (ICAAP) and evaluate capital‑planning assumptions and model robustness.
• Review development, validation, and usage of risk models (credit, market, ALM, IRRBB) and ensure proper model governance.

Required profile

• Minimum graduation; MBA in Risk Management/Finance preferred.
• Professional qualifications such as CFA, ACCA, FRM, CIA, or PRM are advantageous.
• At least 6 years of experience in management audits, treasury operations, or market & liquidity risk audits.
• Experience with risk‑based auditing and control evaluation across treasury functions.
• Excellent communication and analytical abilities.

Required skills

• Proficiency in Microsoft Office applications.

What we offer

• Opportunity to work within a leading national bank.
• Exposure to complex treasury and risk‑management environments.
• Professional development and career progression.