Associate Director Internal Audit
BSF
Date: 14 hours ago
City: Riyadh
Contract type: Full time
Job Description
- Leading/ managing audit engagements related to regulatory reviews as per approved audit plan.
- Plan of audit assignments and coordination of audit activities within the audit team.
- Analyze business data to assist in determining the audit’s engagement scope and development of audit work program under the guidance of the Director/ Senior Director.
- Prepare audit reports and validate the proposed corrective action plans received from audited management.
- Conduct ad-hoc reviews and investigations as instructed by the Director/ Senior Director.
- Take part in familiarizing new joiners with internal audit standards, practices and methodology.
- Validate the implementation of the agreed corrective action plans related to audit/ SAMA observations.
- Bachelor’s Degree in Business Administration (preferably in Finance or Accounting).
- 6-8 years of experience in Banking Audit.
- Preferably have professional certification such as CIA.
- Fluency in writing and speaking of Arabic and English.
- Computer literate with MS Office i.e. MS Word, MS Excel and PowerPoint.
- Good knowledge and understanding of Banking processes, including:
- Internal Capital Adequacy Assessment Process (ICAAP).
- Internal Liquidity Adequacy Assessment Plan (ILAAP).
- Related party identification and transactions.
- Good knowledge and understanding of Risk Management.
- Good analytical and report writing skills.
- Advanced leadership and soft skills.
- Proper understanding of regulatory requirements related to different functions in banking industry.
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