Retail Banking Audit Lead

2 weeks ago


Manama, Manama, Bahrain Bank ABC Full time
Retail Banking Audit and Compliance Job Overview

This role involves planning and executing audits and reviews of retail banking operations to provide senior management with independent, objective feedback on the control framework's design adequacy and operating effectiveness.

Main Objectives:
  1. Ensure adherence to local regulatory requirements across various risk domains, such as business conduct, credit risk, and financial crime.
  2. Closing liaison with all organizational levels, senior management, external auditors, and regulators.
  3. Produce an annual audit plan based on risk assessment, aligning with group audit methodology and local regulations.
Key Skills and Qualifications:
  • At least 10 years' internal audit experience within the banking/financial services industry.
  • Bachelor's degree preferably in finance, economics, accounting, banking, auditing, management, or related subjects.
  • Professional certification (preferable) such as CIA or working towards this.
Expertise and Knowledge Areas:
  • Strong understanding of information & cyber security, personal data protection, and operational resilience.
  • Advanced knowledge & application of audit methodology.
  • Solid knowledge of banking, corporate governance, and the three lines model.

The senior auditor plays a crucial role in ensuring that retail banking operations are in line with regulatory requirements and group audit standards.

They work closely with peers to identify and assess risks related to intragroup outsourcing and produce an annual audit plan based on risk assessment.

The individual must maintain independence and objectivity in the performance of duties and report material risks and issues to senior management on a timely basis.

Matters regarding inappropriate culture and behaviors will be reported to senior management.

The individual must deal with regulators and other competent authorities in an open and cooperative manner.



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