Internal Auditor

Job description / Role

Job description

Kinetic has partnered with a leading bank who are hiring an internal auditor to be based in Umm Al Quwain.

Please note that you must meet all the criteria set out below for your application to be considered. Suitable candidates will be contacted within 5 working days. If you are not contacted by us within that time, please consider your application unsuccessful on this occasion.

The main responsibilities will include but are not limited to:

• Perform risk-based internal audits of the bank's operations, processes, and activities to assess the adequacy of internal controls and compliance with policies, procedures, and regulatory requirements.
• Collaborate with business units to develop action plans to address identified issues and ensure appropriate remediation measures are implemented.
• Participate in the development and maintenance of risk assessment frameworks, internal control frameworks, and audit policies and procedures.
• Conduct stress tests for various macroeconomic factors and assess the impact on portfolio quality.
• Development, validation, research, and other data analytics tasks.
• Stay updated with relevant regulatory requirements, industry best practices, and emerging trends in internal auditing to enhance audit methodologies and practices.

To be successful you will need to meet the following:

• Bachelor's degree. An MBA in finance, economics, or business administration is a plus.
• Minimum 5 years of experience managing BASEL reporting.
• Must have experience within the banking industry in the UAE.
• Knowledge of regulatory requirements and reporting standards. IFRS-9 is an added advantage.
• Excellent communication and analytical skills.
• Applicants should be available for face-to-face interviews in the location mentioned above.

About the Company

Kinetic is a Middle East-based company that has been successfully providing a full range of recruitment solutions for leading Pharmaceutical, Agritech, Medical Device, Chemical and Sustainability organizations since 2012.

We provide an executive search service geared to any level of roles within these verticals which is led by industry experts. Our service is driven by innovative, established and proven research teams who customize each individual requirement from our clients.