Job Detail

Job Requirements

Key Roles and Responsibilities of Board of Supervisor Member

• Participating in the monthly meetings of Board of Supervisors (BOS)
• Identify initiatives to implement the strategy and set priorities.
• The Board of Supervisor (BOS) is accountable for the development and approval of strategic plan.
• Develop, maintain and revise the Strategic Plan at least annually.
• Monitor the implementation of the strategy.
• Get periodic feedback of strategic plan implementation.
• Overview PB activities to ensure adequate internal controls are in place.
• Delegate the strategic plan to the BoM for implementation.
• Monitor implementation of strategic plan and provide necessary support to PB.
• Convene each session of the General Assembly and adopt the agenda for each session;
• Approve the bank’s organizational structure.
• Make decisions regarding the establishment and dissolving of subsidiaries, branch offices and representative offices of the bank.
• Appoint, dismiss and determine the remuneration of the members of Board of Management of the bank.
• Oversee the performance of the bank’s Board of Management.
• Approve the bank’s business strategy and annual budget.
• Approve policies for the conduct of operation performance, including the bank’s risk management policy, dealing with conflict of interest and issuance of guidance to Board of Management for implementation of those policies.
• Determine the conditions under which credits may be granted by bank employees, and which credits require approval of the Board of Supervisors;
• Ensure the establishment, functionality, appropriateness, adherence of DAB law and regulations and adequacy of internal controls and risk management for the bank.
• Ensure the integrity of the bank’s financial reporting, including financial reporting to Da Afghanistan Bank.
• Ensure that appropriate Internal Audit function is established.
• Make recommendations to the General Assembly on matters requiring shareholder approval.
• Make recommendations to the General Assembly concerning appointment of the external audit firm for the bank.
• Ensure execution of bank’s annual external audit, which includes the auditor’s opinion of the truth and accuracy of the bank’s financial statements.
• Make decisions concerning capital distributions, subject to requirements of Law and regulations of Da Afghanistan Bank, and what amount of the net profit of the bank shall be transferred to bank reserve.
• Making decisions in accordance with the requirements of this law and related regulations regarding distribution of capital and net profit of bank which is determined as reserve fund.
• Immediately inform Da Afghanistan Bank in writing, or require the Board of Management to do so, of any deterioration in the financial situation of the bank, or danger of such deterioration, and any other facts that may materially affect the financial situation of the bank, and in particular if the bank becomes undercapitalized.
• Ensure implementations of directives and instructions of Da Afghanistan Bank.
• Decide on other matters placed in the competence of the Board of Supervisors by the bank’s charter or by-laws.

The following are the minimum requirements for members of the Board of Supervisors.

• Masters’ degree in Computer Sciences
• CCNA, OCP, Cyber Security, ICDL or other relevant certifications
• Minimum of 5 years of experience in related field.
• Be willing and able to exercise independent judgment and provide credible challenge to management’s decisions and recommendations.
• Excellent analytical, creativity and problem-solving skills.
• Ability to provide constructive feedback
• Have solid knowledge of the banking industry, financial regulatory system, and Afghan laws and regulations that govern a bank’s operation.
• Have background, knowledge, and experience in business or another discipline to facilitate bank oversight.