Head of Internal Audit
Pathway Resourcing
Jeddah, Saudi Arabia
Ref: GP687-1059
Pathway Resourcing

The Role


The Role


My client is a big Islamic Bank looking for a strong Internal Auditor to develop and lead their Internal Audit team.

This is a key role as you will be responsible for developing and maintaining a sound Internal Audit function that would promote high standards of Business Control, Risk Management and Corporate Governance. You will also be providing an informed and independent opinion to the Board of Directors and the Senior Management on the effectiveness of the control systems in protecting the interests of the organization and its various partners.

You will be responsible for:
- Developing a flexible annual audit plan using an appropriate risk-based methodology, including any risk or control concerns identified by management, and submit that plan to the BoD for review and approval.
- Implementing the annual audit plan, as approved, including any special tasks or projects requested by the management or the BoD through performing audits by assessing risk areas and testing internal controls.
- Determining the adequacy, efficiency and effectiveness of the system's internal control structure and reporting significant issues, including potential improvements to the same and providing information concerning such issues trough resolution.
- Liaising with regulatory authorities and external auditors for completion of regulatory audits in a seamless manner and to follow up on their reports for timely compliances.
- Formulating department budgets in conjunction with organization budget, tracking expenses and ensuring adherence.

Requirements


Requirements


The ideal candidate is more likely to have:
- Over 10 years of experience in Audit within the Banking industry
- Strong and proven Islamic Banking experience
- High degree in Finance or Banking from a recognised university
- CIA is a big plus
- Strong communication skills in Arabic and English

About the Company


About the Company


Pathway Resourcing, is part of a truly global and diverse UK listed business with over 2000 employees worldwide covering the UAE, UK, Europe and North America, and with annual revenues of approximately $1billion. Our GCC operation, headquartered in Dubai specialises in Legal, Banking, Accountancy, IT, HR & Engineering recruitment. This global presence enables us to offer and attract a wide range of local and international candidates.

We specialise in delivering permanent professionals to businesses of varying sizes and sectors. With our strong senior networks, thorough knowledge and appreciation of the Middle Eastern cultures and market, our experienced consultants and business managers are trained to work in partnership with candidates and companies. Our aim is to design and implement appropriate and tailored recruitment solutions befitting your needs, and with the view to developing long term relationships.

This Position is closed or expired