
Senior Auditor
8 hours ago
Bank ABC is seeking a highly skilled Senior Auditor to join its Group Audit Department. The successful candidate will be responsible for 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 role ensures the bank's risk management, control, and governance processes align with the International Professional Practices Framework standards and Group Audit methodology. 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.
Key responsibilities include performing risk assessments, audit planning, and adhering to local regulatory requirements across various risk domains, such as business conduct, credit risk, and financial crime.
Additionally, the role requires close liaison with all organizational levels, Senior Management, External Auditors, and the Central Bank of Bahrain. The Senior Auditor aids in producing an annual audit plan based on risk assessment, aligning with Group Audit methodology and local regulations.
Responsibilities of the Role:
- 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.
- Support 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.
- Communicate the result of Internal Audit assignments to Senior Management.
- Maintain adequate records and evidence of the assignments performed, including the evaluations made during assignments, in accordance with professional Internal Audit standards.
- Liaise with the ila bank's External Audit firm as and when required.
- Monitor the resolution of Internal Audit issues by the Bank's Senior Management.
- Maintain ongoing communication and partnership with peers and the wider Group Audit team as required.
- Conduct ad-hoc reviews and assignments as requested by the Group Chief Auditor, Senior management, or Board Audit Committee.
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