Current Job Vacancies

INTERNAL AUDIT OFFICER

The National Development Bank Limited (“NDB”) of Papua New Guinea invites applications for the vacant position of INTERNAL AUDIT OFFICER.

Reporting to the Manager Internal Audit, the Audit Officer is responsible for reviewing and assessing NDB Ltd processes, controls and practices, as well as related procedures according to the yearly audit plans approved by the Board Audit & Risk Committee or as directed by the Chief Executive Officer.

Functionality

  • Prepare or contribute to the preparation of work plans (including risk assessment) and audit programs for assurance and/or consulting engagements.
  • Conduct discussions of preliminary nature with heads of operations audited.
  • Conduct – in accordance with IIA standards (www.theiia.org) - segments of financial, operational and compliance audits of complex, medium and small operations.
  • Obtain required information directly or indirectly through examination of records or interviews with staff.
  • For the processes audited, review and evaluate the system of management controls and assess their adequacy and effectiveness and, where appropriate, draft potential recommendations for improvements.
  • Prepare working papers documenting adequately work performed.
  • Draft segments of the reports and communications on the results of work performed, for review by the Manager Audit.
  • Assess the reliability and effective use of internal controls and assist in reviewing administrative procedures.
  • Perform fieldwork in all NDB Departments, branches and business units.
  • Provide assurance that operations and processes conform to current NDB Ltd policies and procedures.

Required Attributes

The ideal candidate will have:

  • A first degree in accounting, business, finance or related discipline.
  • At least Three (3) years of bank or financial institution audit experience is preferred or other appropriate audit experiences.
  • Adequate exposure in evaluating internal controls over financial reporting or having SOX audit experience is preferable. Strong IT skills/background is also required
  • Strong organizational skills and attention to detail. A “self-starter” with a capacity to identify and work on other tasks as needed.
  • Strong understanding of bank operations and banking regulations.
  • Manage multiple tasks at one time and react positively to a changing environment.
NDB IS OFFERING AN ATTRACTIVE PACKAGE TO ATTRACT THE RIGHT CANDIDATE

APPLY NOW

Please forward written applications with a detailed resume including names of three referees, to the address on the right:

APPLICATION CLOSE

Application close COB Friday, 22nd November 2024. Only shortlisted candidates will be contacted.

BRANCH MANAGERS

The National Development Bank Limited (“NDB”) of Papua New Guinea invites applications for the vacant position of 4 X BRANCHES MANAGER (MT. HAGEN, WAIGANI, GOROKA, LAE).

Reporting to the Head of Branches & Loan Origination, the Branch Manager is responsible for effective management of the Branch Lending Activities as well and Branch Operations. Incumbents must be well versed in banking with particular emphasis on lending and loan portfolio management and must be knowledgeable on prudential banking standards.

Functionality

  • Ensure excellent customer service is rendered by all branch staff.
  • Grow the Branch’s active loan book to a profitable level.
  • Control the branch operating cost according to budget and minimize expenses on consumables and incidental costs to branch operations.
  • Ensure bank fund high-value customers at most accepted turn-around time.
  • Ensure loan arrears for all loan products (Lending and MF) do not exceed 5% of active loans.
  • Be actively involved with loan officers in conducting immediate personal collection visits to individual and business borrowers as soon as loans fall into arrears even on day one of default.
  • Diarize loan repayment due dates and prevent loans from falling into arrears.
  • Promote creative marketing strategy at the Branch and sell the bank products through business awareness meetings.
  • Contact and work with other local organizations and communities to promote a positive image for NDB.

Required Attributes

The ideal candidate will have:

  • Minimum qualifications of first degree in banking; business, finance, economics or a related field.
  • Conversant with the following technical skills relating to; lending appraisal, financial analysis; security documentation; loan asset management or recovery.
  • At least 5 years’ experience in banking management particularly in a lending environment, and proven management record.
  • Well-versed with the bank’s lending regulations, policies and guidelines.
  • Possess excellent communication, people management, team building, management, financial, computer and public relations skills.
NDB IS OFFERING AN ATTRACTIVE PACKAGE TO ATTRACT THE RIGHT CANDIDATE

APPLY NOW

Please forward written applications with a detailed resume including names of three referees, to the address on the right:

APPLICATION CLOSE

Application close COB Friday, 22nd November 2024. Only shortlisted candidates will be contacted.

Job Description & Specific Requirements

Detailed Job Descriptions with specific requirements can be provided upon request.

Written applications with a detailed resume with latest photo and police clearance including names of three referees to;

Manager Human Resource
National Development Bank Limited

PO Box 686
Waigani
National Captital District

Email:recruitment@devbank.com.pg