Audit Manager Corporate and SME Banking - KSA National

Michael Page

Saudi Arabia

Ref: HP350-5224

Job description / Role

Employment: Full Time

Audit Manager Corporate and SME Banking - KSA National / Financial Services / Riyadh

Evaluate banks Corporate & SME Banking Audit operations and provide objective assurance on the effectiveness and efficiency of operations, controls, governance, risk management. Report accordingly to the Financial & Treasury Director and ensure that the team members are applying the standards of best professional practice of Internal Auditing

Client Details

Audit Manager Corporate and SME Banking - KSA National / Financial Services / Riyadh

My client is one of the largest banks in the world with total assets of SR 384 billion (US$ 102 billion), a paid up capital of SR 25 billion (US$ 6.67 billion) and an employee base of over 9,600+ associates. With over 60 years of experience in banking and trading activities they have established a well known name for themselves and strive to the deliver the best services for their customers.

With an established base in Riyadh, Saudi Arabia, my client has a vast network of over 546 branches, over 142 dedicated ladies branches, more than 5,190 ATM's, 106,080 POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 232 remittance centers across the Kingdom


Audit Manager Corporate and SME Banking - KSA National / Financial Services / Riyadh

* Support and assist Corporate & SME Banking Audit Director in providing objective assurance to key stakeholders i.e. BOD, BAC, SAMA, CEO, CIA, etc
* Support and assist Corporate & SME Banking Audit Director to coordinate and liaise with external auditors, SAMA examiners etc. to ensure smooth progress of audits, implementation of professional audit standards and resolving outstanding audit queries
* Support and assist the audit Director in the development of an effective and comprehensive risk-based annual and strategic audit plan
* Contributes to the implementation of the annual Audit plan by conducting audit engagements successfully from beginning to end (planning, executing, directing and completing audit engagements through report writing)
* Acquire working knowledge of departments, products and services in order to organize the audit assignment appropriately and add value to the business by raising factually right audit observations.
* Ensures audit conclusions are based on appropriate testing of the controls and complete understanding of the processes, circumstances, and risks.
* Obtains and reviews evidence ensuring audit conclusions are well-documented. Issue an audit report which has been agreed with auditees and CIA.
* Conducting special assignments as per CIA requests maintaining confidentiality and professionalism
* Focus on Risk based auditing, and implement Quality team's proposals.

Job Offer

Audit Manager Corporate and SME Banking - KSA National / Financial Services / Riyadh

An exciting opportunity offering a competitive package for the right candidate to make their next career move.


Minimum Qualifications:

* Bachelor Degree in Business Admin / Accounting / Finance /Economics / IT or related field.

Minimum Experience:

* 6 - 12 years of experience in Retail, Corporate, Treasury, Credit & Risk Management
* At least 50% of his experience in banking, internal audit or external audit experience from a recognized organization or audit firm (Big4)

Job-Specific Skills:

* Excellent Audit Skills
* Advanced Understanding of Audit Related standards and best practices (e.g. IIA, ISACA, SOCPA, etc.)
* Excellent Level of knowledge, expertise in banking sector
* Advanced level of Understanding of concept of risk management and internal control
* Have a Professional certification (CIA, CISA, CFE, CPA, etc.)
* Fluent in English
* Adequate report writing skills

About the Company

Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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IT Manager salaries in Saudi Arabia

Average monthly compensation
SAR 15,000

Breakdown available for industries, cities and years of experience