Job Description
RAKBANK is currently recruiting for the role of Internal Auditor
Lead / assist in Internal Audits of business units, departments and functions, contributing to the delivery of the Annual Audit Plan through active participation in the execution of risk based audits.
Duties and Responsibilities
Your main responsibilities in this role include the following:
Annual Audit Planning and Approval
Assist Audit Management in the annual audit planning process by performing effective risk assessments to identify high risk auditable entities for inclusion in the annual audit plan
Audit Execution
Perform audits of allocated business and risk areas using advanced auditing techniques and data analytics
Plan audit engagements and prepare documents including Audit Planning Memo, Terms of Reference (TOR) and Risk Assessment of the auditable entity for approval by Audit Management
Conduct detailed walk-throughs of assigned areas with auditees and identify process / design gaps and deviations from documented processes
Identify, analyze and evaluate audit evidence, detect and track errors, streamline risk assessment, and search for potential loopholes and vulnerabilities to arrive at reasonable conclusions
Perform high quality, well-documented audit fieldwork in accordance with Internal Audit methodology and IIA standards within strict timelines
Stakeholder Management
Actively engage with stakeholders to understand changes to the business, perform periodic risk assessment, identify audit opportunities, recommend changes to the annual audit plan, define appropriate audit scopes, and execute audit delivery
Discuss and agree audit findings, recommendations and action plan with auditees
Follow up with auditees to ensure timely / satisfactory closure of all open findings on Team Mate and Team Central
Job Requirements
Strong quantitative and qualitative analytical skills with the ability to take large volumes of complex information and present it in a clear and concise manner for Management review
Engage in continuous knowledge, learning and development inclined towards best market practice in risk management, regulations, audit tools and techniques, methodology and performance standards
Exhibit strong interpersonal skills for interfacing and building effective working relationships with all levels of audit and business personnel and management
Excellent time management, organizational skills and attention to detail
ACA / ACCA / CPA / CIA / CISA / CFA / CRC / CRMA / FRM / or other risk management certification
Bachelors Degree in any: Risk management / Accounting / Finance with an audit or business focus
