banking jobs in UAE | RAKBANK careers

RAKBANK announced, through its Linkedin account, a bank job in uae (Assistant Manager - Audit) according to the following:

• Contribute to the delivery of the annual audit plan by independently leading and participating in the execution of risk based audits, performing ongoing business monitoring and risk assessments of assigned business areas.
• 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
• Independently lead / perform audits of allocated business and risk areas using advanced auditing techniques and data analytics
• Lead / perform effective risk based planning of audits to identify and scope in high risk areas and de-scope lower risk areas
• Direct / perform / complete high quality, well-documented audit fieldwork in accordance with Internal Audit methodology and IIA standards within strict timelines
• Produce factually accurate, insightful audit recommendations in a clear and concise manner, communicate them with stakeholders and agree robust management action plans that address the root causes
• Draft audit report to the Board and senior management, summarizing audit recommendations and providing valuable insight using perspective gained during the audit process
• Continuously engage with stakeholders at various levels 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.
• At least 8 years senior level Audit experience in areas not limited to Retail and Commercial Banking, Corporate Banking and Financial Institutions
• In-depth understanding of the end-to-end trade lifecycle including policy & product development, sourcing & onboarding, underwriting (credit assessments and approvals), operations, monitoring (transaction, account and portfolio level) and remedial
• Excellent understanding of regulatory requirements expected by CBUAE and other areas such as Basel requirements, credit risk, AML risk, operational risk, IT controls etc.
• Experience of core banking applications like Finacle and other surround systems like Moody’s Rating, Data analytic tools, etc.
• Proficient with Microsoft Office applications (Word, Excel, PowerPoint, Visio)
• Knowledge of IIA standards, audit principles, practices, and methodologies
• Experience of liaising, and building strong, credible & effective working relationships, with very senior stakeholders
• Experience of leading audits / projects / initiatives and supervising and reviewing work of junior team members.

Details and apply for this RAKBANK job as follows:

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