Senior Auditor-Internal Audit

- Under the direction of the Senior Manager-Operational & Financial Audit, carries out assignments in accordance with general guidelines, audit procedures and highest professional internal audit standards. Work accomplishments are subject to review by the Audit Senior Manager and Chief Internal Auditor.
- Helps in preparing audit programs for specific audits
- Conducts and supervises audits
- Prepares drafts of audit reports
- Discusses audit findings / recommendations with the auditee
- Under the supervision of the Senior Audit Manager, conducts / supervises audits as Auditor or Auditor-in-Charge, providing work direction to assigned subordinates. This includes allocating and checking work and ensuring the quality of activities carried out
- Performs audits and manages other auditors in carrying out regular internal audits, special investigations and special projects within the Bank designed to monitor and ensure strict adherence to the Bank’s policies and procedures
- Conducts audits on the control performance of individual departments and branches
- Identifies where policies and procedures are not being implemented sufficiently in line with guidelines
- Checks and ensures correct implementation of policies governing the maintenance and safe keeping of documents, application of line Management, and reviewing / checking relevant statistics to verify accuracy of information presented
- Ensures that all individual audit work papers and records are prepared according to the laid down Audit Methodology. Includes preparing work and recording facts and comments
- Assesses risk of findings in coordination with Audit Manager / Senior Auditor Manager.
- Prepares 1st draft audit reports / special investigations, discusses findings with the audited department and agreed corrective actions with its expected due dates
- Ensures all audit activities are carried out in compliance with internationally accepted internal audit standards. Ensures adherence to laws and regulations pertaining to banking and investments activities locally and internationally
- Follows-up with concerned departments / organizations to ensure that approved recommendations or remedial action has been taken. Prepares record summaries of actions recommended and taken. Reports delays to Audit Management, for escalation
- During the course of the audit, obtains sufficient, reliable, relevant, and useful evidence to achieve the audit objectives effectively. The audit findings and conclusions to be supported by appropriate analysis and interpretation of this evidence
- Performs his / her duties with objectivity, due diligence and professional care, in accordance with professional standards and best practices to assist the bank in achieving its objectives
- Maintains the privacy and confidentiality of information obtained in the course of duty. Such information shall not be used for personal benefit or released to inappropriate parties
- Services the interest of stakeholders in lawful and honest manner, while maintaining high standards of conduct and character, and not engaging in acts discreditable to the Internal Audit Department and profession