Job description / Role
To manage and lead regular/specialized/complex/technical/investigation assignments and assist line managers on technical issues in order to meet the objectives of assignments and ensure that potential risks are identified for corrective action by the management.
Audit Governance and Leadership:
Assist in the preparation of the annual plan for assignments and resource plan based on the identified risks and in consultation with the management in order to provide a summary of the audit plan to the audit committee Conduct internal audit quality assessment results and take necessary resolution actions in order to improve quality of internal audit function Prepare BACC/BOD/Group CEO and other management reports and presentations as per the expected standards in order to support organisational leadership direction and decision making.
Internal Audit Assignments:
Prepare and review the planning for regular/technical/specialised assignments, manage and lead the regular/technical assignments to ensure that they achieve their objectives and coverage according to established standards. Review draft reports and observations in order to highlight risk issues and control lapses and recommend enhancement of internal controls. Prepare and review final reports and executive summaries, review action plans for each assignment, conduct meetings with auditees, assist process owners in evolving suitable corrective/preventive actions based on the assignment reports and verify the implementation effectiveness in order to follow up, close or escalate open issues.
Risk Management :
Oversee the update of the risk register and programme for assignments with full reference to the latest technical developments to ensure the development of an effective risk based audit methodology
Complete required continuous professional development in order to maintain up to date awareness on the latest developments in internal audit/risk management in the banking environment.
Review/provide recommendations in policies and procedures in order to ensure adequacy for mitigating risk for specialised/technical areas Manage and conduct specialised/technical investigation assignments, special assignments and whistle blowing to ensure managed in line with the bank’s process.
Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance.
Policies, Processes, Systems and Procedures:
Create and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation.
Recommend and manage opportunities to contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.
Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions
At least 10 years of experience in operations and financial audits, credit reviews or information systems (IS) audits.
Bachelor’s Degree in Business Administration, Economics, Accounting, Finance or Computer Science
CPA/CA/CIA or other relevant certification
Knowledge and Skills:
- Ability to evaluate effectiveness and adequacy of controls in specialised areas
- Ability to develop plans, knowledge of interviewing techniques and ability to write clear/concise reports
- Knowledge of customer, business, operational, technological and financial aspects of products/services/facilities/specialised products/processes
- Knowledge and ability to review portfolio quality of retail, corporate and investment lending assets, sourcing quality, regional risk, counter-party, group exposures and analyse deviations
- Knowledge and ability to examine the automated information processing systems, operational/processing controls and system security
- Knowledge of and ability to apply relevant auditing standards, best practices and methodologies
- Leadership skills
- Communications and interpersonal skills
About the Company
Founded in 1985, ADCB employs more than 4,000 staff from 62 nationalities, serving over 600,000 retail customers, and approximately 50,000 corporate and SME clients. The bank operates in 48 branches, 4 pay offices, 2 branches in India, 1 branch in Jersey and a representative office in London. By the end of March 2015, the total assets of ADCB amounted to AED 207 billion.
ADCB is a full-service commercial bank that offers a wide range of products and services including retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency derivatives, Islamic products, project finance and property management services.
ADCB is 58.08% owned by Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. The banks shares are traded on the Abu Dhabi Securities Exchange. By the end of March 2015, excluding treasury shares, ADCBs market capitalization was AED 34 bn .
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Group Internal Auditor