Auditor of Retail Banking Operations

8 hours ago


Manama, Manama, Bahrain Bank ABC Islamic Full time
Job Description

The Senior Auditor - Retail Banking role at Bank ABC Islamic involves planning and executing audits and reviews of ila bank and Group Retail to provide Senior Management with independent, objective feedback on the control framework's design adequacy and operating effectiveness.

The Audit Process encompasses a range of tasks, including performing risk assessments, audit planning, and adhering to local regulatory requirements across various risk domains, such as business conduct, credit risk, and financial crime. The Senior Auditor will cover audit responsibilities both locally and in the MENA region, reporting to the Audit Head of ila Bank and Group Retail Banking.

The key responsibilities of this role include:
  1. Performing continuous business monitoring over ila bank's strategy, performance, new products & services and risk profile.
  2. Supporting the preparation of ila bank's risk-based Annual Internal Audit Plan.
  3. Supporting the delivery of the approved Annual Internal Audit Plan which entails developing risk & control Matrix and testing strategy & Programs, plan the scope of individual assignments, ensure work is captured within the GRC tool, Produce, and discuss audit issues.
  4. Communicating the result of Internal Audit assignments to Senior Management.
  5. Maintaining adequate records and evidence of the assignments performed, including the evaluations made during assignments, in accordance with professional Internal Audit standards.
  6. Liaising with the ila bank's External Audit firm as and when required.
  7. Monitoring the resolution of Internal Audit issues by the Bank's Senior Management.
  8. Maintaining ongoing communication and partnership with peers and the wider Group Audit team as required.

Requirements

To be successful in this role, you will need:
  1. At least 10 years' Internal Audit experience within the Banking / Financial Services industry, preferably with retail & digital banking products and services (multi-national experience preferred).
  2. Bachelor's degree preferably in finance, economics, accounting, banking, auditing, management, or related subjects.
  3. Professional certification (preferable) such as CIA or working towards this.
  4. Post graduate degree and or professional qualifications are desirable.


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