Business, Credit, & Treasury Senior Auditor

Summary:Responsible for executing and leading internal audits to evaluate the effectiveness of the bank's internal Business departments, Credit, Treasury, and compliance with regulatory requirements. The role involves conducting thorough assessments, identifying areas of risk or non-compliance, and providing recommendations for improvement. The Internal Audit Officer will work closely with stakeholders to ensure that internal control systems are robust and aligned with industry best practices.Duties and ResponsibilitiesConduct internal audits in accordance with the annual audit plan, including evaluating the adequacy and effectiveness of internal controls, risk management processes, and compliance with applicable laws and regulationsPerform risk assessments to identify key areas of risk and develop appropriate audit plans and procedures.Execute audits by conducting interviews, reviewing documents, analyzing data, and testing internal controls to assess their design and operating effectiveness.Identify and communicate audit findings, including control deficiencies, process inefficiencies, and non-compliance issues to the Audit Manager and relevant stakeholders.Prepare comprehensive audit reports that clearly communicate audit findings, recommendations, and management action plans.Collaborate with management to develop and monitor the implementation of corrective actions and improvement plans resulting from audits.Stay abreast of regulatory changes, emerging risks, and industry best practices to ensure that audit processes and methodologies remain relevant and effective.Provide guidance and training to staff members on internal control concepts, audit techniques, and best practices.Assist in the development and enhancement of the internal audit policies, procedures, and methodologies to ensure continuous improvement of the audit function.Collaborate with external auditors, regulatory bodies, and other stakeholders as required.Behavioral Skills:Quick learner, energetic & good team player.Negotiation and convincing skills.Time management skills.Teamwork spirit.Problem-solving skills.Ability to focus on details.Analytical, interpersonal, and communications skills.Excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels.Technical Skills:Should have excellent analytical, reporting & presentation skills.Good understanding of Commodity & derivative trading, Treasury, credit AML and Compliance. Enterprise risk management and Risk Based Audit.Knowledge of IIA standards and Audit methodologies.Proven experience in conducting internal audits, preferably in a corporate or financial services environment.Analytical mindset with strong problem-solving skills and attention to detail.Proficient in using auditing software and tools, as well as Microsoft Office applications.Ability to work independently and manage multiple audits simultaneously.Technological Competencies:Should have experience with Teammate solution.Advanced skills in MS Excel, PowerPoint & MS Word are required.Data analytics tools and their usage for audit reviews.Awareness of core banking systems (flex cube, Swift alliance, SharePoint…etc.)Qualifications and Experience:Minimum of bachelor’s degree in finance, accounting, or business.Strong knowledge of internal auditing standards, financial accounting principles, and regulatory requirements.Integrity, objectivity, and high ethical standards in carrying out audit responsibilities.ResidencyMust have UAE Residence