Assistant Manager

Unleash your potential with the leader in housing finance! The State Mortgage & Investment Bank (SMIB), the premier housing bank to the Nation, is driving a bold operational transformation designed to deliver unparalleled customer experiences and a cutting-edge suite of financial solutions. To fuel this next chapter of growth, we invite visionary, dynamic, and goal-oriented professionals to step into pivotal leadership roles.

Position 1: Assistant Manager - Risk Management

Key Responsibilities:

• Conduct credit assessments and financial analysis.

• Optimize the Loan Review Mechanism (LRM) under Basel/CBSL rules.

• Prepare credit risk and stress-testing reports for Senior Management and the Board.

Qualifications & Experience:

• Education: A Degree in Economics, Statistics, Commerce, Accountancy, Business Administration, Management, or Banking from a UGC recognized University; OR full qualification from a recognized professional body such as CIMA (UK), CA Sri Lanka, ACCA, or CMA; OR full qualification in Banking along with a Diploma in Integrated Risk Management (IBSL).

• Experience: A minimum of four (04) years of experience at the Executive level in Risk Management within a bank or a recognized financial institution.

Position 2: Assistant Manager - Internal Audit

Key Responsibilities:

• Execute scheduled operational and financial audits.

• Evaluate trends to minimize transaction costs.

• Assess internal control architectures to prevent fraud.

• Conduct independent investigations for the Chief Internal Auditor.

Qualifications & Experience:

• Education: A degree in Banking, Business Administration, Commerce, Economics, or Accountancy from a UGC recognized University with Part Qualification of ICASL, CIMA, ACCA, CFA, or CMA; OR Associate Membership of ICASL, CIMA, ACCA-UK, CFA, or CMA.

• Experience: A minimum of four (04) years of experience in audit functions within a Financial Institute, Government Institute, Public Listed Company, or Audit Firm. (Experience in a banking/financial institution is an added advantage).

Remuneration & General Conditions

• Salary Scale: Approx. gross monthly salary of Rs. 225,000.00 (Basic: Rs. 113,040 - 1,880 x 20 - 150,640 per month + bank-approved allowances).

• Age Limit: Not more than 40 years (Age limit does not apply to those already employed in a state sector organization).

• Method of Selection: Inviting applications as per the recruitment policy and procedure of the Bank via an interview.

How to Apply

Interested qualified candidates should send their Curriculum Vitae, copies of educational/professional transcripts, and the names, addresses, and contact numbers of two professional non-related referees:

• Email: careers@smib.lk

• Application Closing Date: 14th November 2026

State Mortgage & Investment Bank (SMIB)

Sri Lanka