Risk Management and Internal Control Specialist

1 day ago


Manama, Manama, Bahrain Arab Banking Corporation Full time

We are seeking a seasoned Senior Auditor to join our Group Audit Department in Bahrain. Key Responsibilities:

  • Perform continuous business monitoring over ila bank's strategy, performance, new products & services, and risk profile.
  • Support the preparation of ila bank's risk-based Annual Internal Audit Plan.
  • Deliver the approved Annual Internal Audit Plan by developing risk & control Matrix and testing strategy & Programs.
  • Communicate the results of Internal Audit assignments to Senior Management.
  • Maintain adequate records and evidence of assignments performed.
  • Liaise with the ila bank's External Audit firm as required.
  • Monitor the resolution of Internal Audit issues by the Bank's Senior Management.
  • Partner with peers and the wider Group Audit team as necessary.
  • Conduct ad-hoc reviews and assignments upon request from the Group Chief Auditor, Senior management, or Board Audit Committee.
  • Maintain independence and objectivity in performing duties.
  • Adhere to the Group Audit Manual and applicable standards set by the Chartered Institute of Internal Auditors.
  • Act with integrity, due professional care, and attention to detail.
  • Report material risks and issues to Senior Management on a timely basis.
  • Cultivate open and cooperative relationships with regulators and other competent authorities.

Required Qualifications and Experience:

  • A minimum of 10 years' experience in Internal Audit within the Banking / Financial Services industry, preferably with retail & digital banking products and services (multi-national experience preferred).
  • Bachelor's degree in finance, economics, accounting, banking, auditing, management, or related subjects.
  • Professional certification (preferable) such as CIA or working towards this.
  • Post-graduate degree and/or professional qualifications are desirable.
  • Demonstrated knowledge of Information & Cyber Security, Personal Data Protection, and Operational Resilience.
  • Advanced understanding of audit methodology.
  • Solid knowledge of banking, corporate governance, and the 3 lines model.
  • Excellent spoken and written English language skills.
  • Proficiency in at least one other ABC business language (Arabic, French) would be desirable.
  • Theoretical and practical knowledge of retail digital banking operations, structure, and supporting technologies.
  • Familiarity with regulatory environments and industry best practices.
  • Strong communication, project management, and teamwork skills.
  • Inquisitive personality with a pragmatic and objective approach.


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