Experts from "Investbank" JSC presented to the students the profession Bank Auditor

 The internal auditors of “Investbank” JSC held a meeting- discussion with students from University of Economics – Varna. The presentation was made on the day of opening of the annual forum "Careers" organized for the 11-th time by the college, which takes place in the period March 27-30, 2023.

At the invitation of the university professors, Yulia Altunyan-Yovkova, Head of Specialized Internal Audit Service (SIAS) at “Investbank” JSC emphasized the importance of internal audit in the banking system and introduced the students to the benefits of choosing such a profession and how to successfully practice it.

“The banking system in Bulgaria is extremely regulated and monitored by the BNB and the ECB. Clear and accurate capital, risk and performance indicators are set, and the accuracy of the results based on real and forecast data under the stress is constantly verified. In addition, the banking practice is characterized by a high degree of regulation of all types of activities through a highly developed internal regulatory base consisting of policies, rules and procedures regulating down to the smallest details the ways of carrying out processes and operations” explained Mrs. Yovkova and added that the bank auditor is a profession that covers the entire activity of the organization. “It assumes in-depth knowledge of all activities, systems and processes, accordingly internal auditors work together with all units and acquire knowledge and experience in various fields. And at the same time they have the opportunity to use their full capacity of professional and personal qualities. Auditors can’t perform their functions if they know less than their colleagues, which effectively turns them into very prepared and complex specialists. After a certain time, the internal auditor can develop upwards in many directions. In addition to the director of the “Internal auditor” unit, he also become a manager in any other direction of the banking business”, it became clear from the presentation to the students.

Ms. Tanya Doncheva, who is a senior inspector at the SSVO, presented to the audience practical advice that helps the successful internal auditor to develop his professional intuition and upgrade his analytical skills in practice.

The discussion attended also qualified teachers and representatives of the university management and the Department of Accounting.

“Investbank” JSC took part in “Careers” forum and with a stand where the internship program of the bank oriented towards young people who chose to stay in Bulgaria was presented. The initiative corresponds to the overall strategy of the financial institution, pat of which aimed at supporting young people in improving their professional qualification and realization.