Audit Manager Internal Audit Center of Excellence

Michael Page

Saudi Arabia

Posted
Ref: HP350-5218

Job description / Role

Employment: Full Time

Client Details

Audit Manager Internal Audit Center of Excellence - 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

Description

Audit Manager Internal Audit Center of Excellence - KSA National

• Assist in implementing approved departmental policies, processes, procedures in a controlled and effective manner.
• Assist in conduct Internal Quality Assessment to assess the efficiency and effectiveness of IA through regular on-going review of audit files (selective basis) within Internal Audit
• Assist in evaluating conformity with regulatory requirements, ARB policies and procedures, the Definition of Internal Audit, IIA Standards and the Code Of Ethics.
• Assist in preparing and periodically reviewing the mission, goals and KPIs of the Internal Audit Group to ensure alignment with the overall strategy of the Bank.
• Assist in liaising with subsidiaries and overseas branches IA function to ensure adequate risk assessment and QA implementation and monitoring.
• Ensures that initiatives are embedded into IA processes, procedures and practices by monitoring of such measures on an on-going basis
• Ensure appropriate progress on approved annual audit plan
• Ensure robust and timely follow-up of audit issues by respective Internal Audit Heads.
• Contribute in developing the quality assurance and improvement program (QA & IP) for the Group and ensure the quality reviews implementations based on the developed guidelines.
• Conducts internal quality assessment including on-going and periodic reviews of internal audit activities to ensure alignment with the Quality Assurance and Improvement Program guidelines and checklists
• Preparing audit issues status report to CEO and BACC once every 2 month and quarterly respectively.
• Prepare any other reports/presentations as and when requested by SAMA, CEO, BACC, BOD, etc.
• Prepare monthly departmental reports to capture the progress, performance and quality in order to verify all the processes that has been implemented through the month.
• Implements approved departmental policies, processes, procedures and provides instructions to subordinates and monitors their adherence so that work is carried out in a controlled manner.
• Manage the QART activities and supervise the quality, reporting and transformation measures across the bank.
• Operates under the general direction of the Director of Center of Excellence.

Job Offer

• Audit Manager Internal Audit Center of Excellence - KSA National

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

Requirements

Audit Manager Internal Audit Center of Excellence - KSA National

• University degree in Business
• Bachelor's degree in accounting, business or equivalent

Professional accreditation are preferred such as:

• CIA (Certified Internal Auditor)
• CCSA (Certified Control Self-Assessment)

Knowledge:

• Internal Audit
• External Audit

Minimum Experience:

• 6-12 years of experience in financial services/ Banks focused on internal audit, control frameworks and reporting

Job-Specific Skills:

• Analytical Ability
• Business Acumen
• Critical Thinking
• Action Orientation

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