Vice President, Internal Audit
3 weeks ago
Vice President, Internal AuditTAAHEED - Dubai, UAE Posted In 8/12/2013
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Job Description
Leading Banking organisation seeks Vice President to undertake a new position within the firms Audit division. Reporting directly to the Head of Audit, you will effectively lead and manage the Internal Audit Function, ensuring full value add to the businessYou will inherit a team of up to 9 direct reports and will have full accountability for:Recommending revisions to the Bank’s auditing policies and risk management proceduresUpdating the Internal Audit Charter and protocols to reflect any changes to the audit approach due to bank strategy or external professional developmentsPreparing a comprehensive Risk Based Audit Plan, annually, covering all the functions and activities of the Bank, prioritizing the audit assignments based on risk assessmentPreparing the internal audit manpower plan, annually, including internal audit knowledge, skills, and competencies requiredPerforming half yearly and annual performance appraisal of entire staff and identify development and training needsEnsuring that internal auditors are properly managed, and perform audit/investigatory work properly as per planApprove final audit report(s) to be submitted to the Line for taking corrective action, if anyCommunicate results to Executive Management and BARC Job Category Management
Job Requirements
Experience Min: 5 Years
Max: 12 Years
Career LevelJunior
Job TypeFull Time
Vacancies2 Open Positions
Salary Negotiable
GenderAny
Degree LevelBachelor's degree
Faculty / Institute Any
Major Business Administration
Age Any
NationalityAny
Residence Location Any
Languages English - Fluent / Excellent
Arabic - Fluent / Excellent
Own a CarAny
Have Driving LicenseAny
Job Skills
Bachelors Degree in Accounting/Business Administration from a recognised institutionQualified accountant (ACA, CA, ACCA, CPA) ideally possessing CIA membershipMinimum 12 Years auditing experience including 5 years in a managerial position in banking Internal AuditExtensive knowledge and experience in all banking operationsKnowledge of Islamic banking and general business operationsDetailed understanding of Internal audit role and systems; corporate governance; regulatory reporting; and management engagement processesUp-to-date knowledge of the latest international audit standards and methods (including Basel Committee on Banking Supervision)Proven ability to interact effectively with all levels of Senior and Executive Management and external Auditors and RegulatorsFluent English language skills. Arabic an advantage
About The Company
TAAHEED deliver pioneering recruitment solutions and consultancy services to MENA organizations that believe human capital is the major driver in building a ‘best-in-class’ team or company.TAAHEED offer Search & Selection, Project & Managed Service solutions across key practices, including;• Construction & Development• Banking & Financial Services• Insurance• IT & Telecommunications• Engineering & Industry• Shared Services (HR/Legal/Accountancy/Professional Support)• Higher Education Recruitment / University (Faculty Staff)• Media, Advertising,• Marketing, PR & Communications• Public SectorTAAHEED also are the regions number one contributor to Emiratization initiatives.
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