The Chief Audit Executive (CAE) is responsible for leading the organization's internal audit function, providing independent and objective assurance on governance, risk management, and internal controls. This role ensures that the organization operates with integrity, transparency, and compliance with regulatory and internal standards.
The CAE plays a critical role in strengthening internal controls, identifying risks, and supporting the Board and executive leadership in achieving strategic objectives.
Key Responsibilities
1. Internal Audit Strategy & Leadership
Develop and implement a risk-based internal audit strategy and annual audit plan
Align audit activities with organizational goals, risks, and regulatory requirements
Ensure independence and objectivity of the internal audit function
Provide assurance on governance, risk management,
and control processes
2. Audit Execution & Oversight
Oversee execution of internal audits across all business units
Ensure timely and high-quality audit reports and findings
Identify control weaknesses and recommend corrective actions
Monitor implementation of audit recommendations
3. Risk & Control Assessment
Evaluate effectiveness of internal controls and risk management frameworks
Conduct risk assessments and prioritize audit activities
Assess operational, financial, compliance, and IT risks
Provide insights on emerging risks and control gaps
4. Regulatory Compliance & Coordination
Ensure audit activities comply with regulatory requirements and industry standards
Coordinate with external auditors, regulators, and supervisory bodies
Support regulatory inspections and audit reviews
Ensure alignment with internal policies and compliance frameworks