Manager (Internal Audit ) – Banking
Premier Recruitment Consulting Firm in Bahrain
Bahrain
Ref: HP451-47
Premier Recruitment Consulting Firm in Bahrain

The Role


The Role


Our client, a large and reputable commercial bank with several associate and subsidiary banks under it, requires a Manager, Internal Audit reporting to Senior Manager, Head of Internal Audit.

Job Objectives:

• To assist Senior Manager/Head of Internal Audit in ensuring that audit plans approved by the Audit Committee of the bank and its selected subsidiaries/associates are implemented in a timely manner.
• To assist Senior Manager/Head of Internal Audit in ensuring that the audits are conducted with due professional care and in accordance with “standards for professional practice of internal auditing”.
• To maintain close contact with all levels of Management and operating staff of bank and its selected subsidiaries/associates and companies while carrying out responsibilities.
• To maintain highest level of confidentiality, independence and professional Integrity.
• Authorized to have full, free and unrestricted access to all records, documents, assets and personnel.

Key Responsibilities:

• To provide assistance in preparing Internal Audit Plans for the bank and its subsidiaries/associates
• To monitor progress made towards implementation of above audit plans and ensure their timely implementation.
• To provide assistance in preparation of agendas for the Audit Committee meetings, supporting package, maintenance of minutes of the meetings.
• Plans audit assignments and manages audit teams during the execution/performance of the audit assignments and provides them necessary guidance
• Reviews detailed audit programs prepared by the subordinate staff using the risk based audit approach and ensures maintenance of appropriate audit working papers and teammate files by the audit team.
• Execution of comprehensive internal audit programs for the evaluation of internal management controls and compliance
• Conducts exit meetings with the department heads to discuss and agree all audit observations and recommendations.
• Prepares/reviews audit reports to ensure they are of reasonable quality.
• Ensures that audit recommendations are implemented on a timely basis.
• Performs all other duties to achieve the objectives as outlined above.

Requirements


Requirements


Candidate Profile:

• A member of a professional accounting body [e.g. a Chartered Accountant (CA) from a reputable Institute, Certified Public Accountant (CPA), Associate of Chartered Certified Accountant (ACCA)]
• A graduate degree in finance or equivalent and at least 8 to 10 years professional experience with reputable international banks, finance investment institutions or professional audit firms as Internal or External Auditor.
• Thorough knowledge of International Financial Reporting Standards (IFRS), AAOIFI, Institute of Internal Auditors (IIA) and Central Bank of Bahrain (CBB) regulations.
• Reasonable understanding of Islamic Banking
• Excellent communication and report writing skills in English
• Ability to supervise and manage audit teams
• Continuous professional education and training.

About the Company


About the Company


Premier recruitment consulting firm in Bahrain.

This Position is closed or expired