Senior Manager Wholesale & Retail Audit (BB-50556)

Found in: Neuvoo Premium AE


Job Description


Supervise team of auditorsto ensure that audits are carried out as per strategic priorities /directions provided by the Audit Manager and that criticalobjectives of audits i.e. surfacing of Operational, regulatoryprocess and control related risks are fully achieved and also thatappropriate suggestions / recommendations are provided in reportsin order to safeguard assets of the bank.
Participatein designing audit strategies, provide consultancy support tobusiness partners in all areas of the bank in product developmentand process improvements.
Key Result Areas
Assist and support Audit Manager in preparing and implementing longand short term strategies and directions for the department inorder to achieve overall department's objectives.
As part of a team, carry out the risk assessment of allfunctional units of the bank and subsidiaries for the purpose ofpreparing a risk based audit plan of the bank.
As aTeam Leader, ensure that all internal systems and procedures andprocesses for carrying out audits right from the time audit isannounced till the exit meeting are fully complied with by auditorsin order to avoid any issue of communication or understanding bythe internal customers on audit findings.
As an Auditorin-charge, prepare an audit plan of a unit as per the internal riskbased criteria to focus on and surface key control risks.
Develop action plans and present for discussions andacceptance in Exit meetings at the end of the audit for commonunderstanding on issues and agree to appropriate steps to be takenby the unit to ensure that these do not re-occur.
Select resources according to the expertise and complexitiesrequired to carry out IT audits effectively to achieve desiredobjectives.
Identify weaknesses in the effectiveness ofcontrols and key processes of the unit(s) operational deficienciesand provide appropriate recommendations for improvement to minimizerisk and safeguard the assets of the bank.
As anAuditor Incharge, manage audit team to execute audits with focus onthe processes under review and effectively communicate with theUnit Management to improve deficiencies and identify opportunitiesfor improvements.
Identify training needs and recommendfor appropriate training's provide coaching and on the jobtraining to junior auditors to enhance their skills to carry outaudits more objectively.
Develop cordial andprofessional working relationship with the internal customers forthe purpose of mutual understanding, easy communication and toobtain their "buy in" on audit findings andsuggested opportunities for improvement.
As an In-houseConsultant, participate in teams formed for streamlining processes/ product development, standard Operating Procedures, etc.,identify best practices and recommend opportunities for improvementin the existing processes.
Attend pre-audit meetingswith Group / Division Heads to ensure that their concerns are builtinto the audit programs, supports audits underway to ensure qualityin the observations and recommendations made and that audits areconcluded within the approved time scheduled without quality beingeffected.
Ensure that there is consistency in auditratings and quality of reports is maintained to avoid reports beingun-necessarily challenged.
To effectively supervise theKey Officers / RMCs appointed for Business areas under TL'spurview. Ensure complete familiarity with Key Business areasurfacing of Potential risks and weaknesses therein.
Develop and implement MIS / Health Indicators for key functionalunits in order to facilitate and significantly improve offsitemonitoring.
Conduct investigations / participate inspecial assignment and projects when requested by Business as partof role as RMC.
Knowledge, Skills andExperienceKnowledge, Skills &Experience
Chartered Accountant / MBA with adequateAudit background having about 8 - 10 years' experienceincluding about 5 years in a banking environment.
Adequate knowledge and understanding of Process & InternalControls in the banking environment.
Possess goodLeadership and communication skills and should be able to work inteam environment and motivate Junior Auditors.
Excellent command over spoken and written English.
4 -5 years' experience in an information technology area of abank with 2 - 3 years in Wholesale & Retail Auditenvironment or 6 - 8 years' experience in informationtechnology in a reputed (big five) audit firm or in a reputedSoftware Consultancy Establishment.
Good Leadershipability.
Highly computer literate with a good commandover spoken and written English.


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