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The Management of Bank of Bhutan is pleased to announce the vacancy for the post of Chief, Internal Audit Division:

1. Eligibility Criteria as detailed below:

Education QualificationMinimum of Bachelor’s Degree from a recognized College/University obtained on a full-time mode. 
Work ExperienceShould have worked at least 10 years (that could include a maximum of 18 months for higher studies/sabbatical) Preference will be given to candidates with accounting and auditing background.
Knowledge, Skills and AbilitiesThe CV of applicants should demonstrate the following: Good communication skills including presentation;Strong analytical abilities;A working knowledge of statistics and confidence to make decisions that will affect Bank’s bottom line;Relevance of knowledge and experience in the position announced; Ability to lead and manage multiple Sections; andNegotiation and conflict resolution skills.
Service RecordShould possess clean service record (Audit Clearance) and not be convicted by the court of law. (Security Clearance)
AgeCandidate should not be older than 57 years of age on the last working date of receiving the application.

2. Grade, Remuneration and Benefits

BOB Grade2
RemunerationBasic pay : Nu. 57,375.00
Contract Allowance : Nu. 43,031.00 (75% of the Basic Pay)
Fixed Allowance      : Nu. 34,425.00 (60% of the starting Basic Pay)
Other BenefitsPerformance Based Variable Pay (PBVP) of 31.67% (maximum) of basic pay based on annual performance Other entitlements: Eligible as per the BoB Service Rule (BoBSR)
Appointment Status and TenureOn contract for an initial period of three years with possibility of extension for two terms after the completion of the first term by following the due process of renewal. The term shall include incumbent’s transfer to other functional units.

All interested and eligible candidate may submit applications through the given link https://thegateway.bt latest by 1st July 2026, 5:00 pm.

Document required:

  1. Cover letter expressing interest in the role, and stating clearly why an applicant is appropriate for the job;
  2. Curriculum Vitae – The CV should highlight the relevant work experiences, knowledge, skills and other specified criteria for the position;
  3. Valid Medical Certificate (to be considered valid for six months from the date of issue);
  4. A copy of valid Citizenship Identity Card;
  5. A copy of valid Security Clearance Certificate
  6. All Academic Transcripts and Course Completion Certificates;
  7. Previous work experience certificate that indicates minimum of 10 years of total work experience in relevant field.
  8. RAA Clearance.
  9. A CIB report;
  10. A No Objection Certificate (NOC) shall be required from the current employer upon selection of the candidate, if the candidate is employed at the time of appointment.

Appointment:

The appointment shall be subject to the candidate:  

1. Meeting the Fit and Proper Assessment requirements, issuance of a No Objection Letter from the Royal Monetary Authority (RMA), and 

2. Obtaining a No Objection in Integrity Vetting Rating (IVR) from the Anti-Corruption Commission (ACC).

Tentative timeline:

ActivitiesTentative Schedule
Last date of application submission1st July 2026
Shortlist announcement and informing candidates20th July 2026
Presentation preparation and personal Interview24th July 2026
Announcement of selected candidate28th July 2026
Fit and proper, Documentation, Medical Test and Drug test of selected candidate29th July – 31st July 2026
AppointmentTentatively on 1st August 2026

Please CLICK HERE for Terms of Reference

For further information, please contact Human Resource Management Section at 02-334333 (Ext. 0047) or (Ext. 0048)